No small business tax rate for passive investment companies The Government has released draft tax legislation to clarify that passive investment companies cannot access the lower company tax rate for small businesses of 27.5%, but will still pay tax at … Read More
The old adage “You don’t know what you don’t know” applies to many areas of life, including what you can claim on tax. Small business owners are generally well clued up as to what they can claim as a tax-deductible … Read More
If you don’t know your numbers in business you might as well play roulette! If you feel a little confronted by my statement, let me explain… …knowing how your business performs financially is at the front and centre of your … Read More