Tax Tips

How do you invoice during a crisis?

It’s not easy to request payment right now, but it is important to keep cash flowing into your business so you can cover expenses and meet your obligations to others. As with all business dealings right now, a little empathy and a lot of open communication can go a long way. The following tips might

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Staying ahead of the tax man

If there’s one thing everyone in business agrees on, it’s that nobody likes to discover they owe a big end-of-year tax bill.  It’s a shame to hear stories of people who haven’t been paying any attention to their business numbers, only to discover that they’ve been lumped with unexpected end-of-year taxes once their accountants have

How to manage your provisional tax

Budgeting for tax is critical for any small business – especially for owners in their first few years of business. New businesses are asked to pay tax on their first year’s taxable income at the same time they’re asked to start paying provisional tax on next year’s income. Established businesses can also feel the pinch

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