Does Your Business Require The Services of a Tax Accountant? Find Out

2 August 2021
 Categories: , Blog

One of the most challenging assignments when operating a business is preparing for the tax season. If you have several years of business experience, you might decide to handle the tax process on your own. However, if you don't have any experience in accounting, your financial report might have discrepancies that might put you in an unfortunate situation with the law. Therefore, it is advisable to hire a reputable tax accountant to handle the process for you. Read More …

Essential Roles of a Bookkeeper to a Small Business

26 May 2021
 Categories: , Blog

When you start a business, it makes sense to keep a close look at your books of accounts. It saves you money in the short term, but you need to hire a professional as your business grows. A bookkeeper understands more than you do, especially if you start dealing with relatively vast amounts of money. Fundamentally, a bookkeeper manages the cash flow of a business. However, a bookkeeper offers other critical services to a business. Read More …

3 Reasons Working with an Experienced Taxation Consultant Is a Great Move

20 January 2021
 Categories: , Blog

Whether you run your business or are an employee, you are required by law to pay your taxes. That's why every individual or company needs to file tax returns by the end of every financial year. The tax return forms usually outline the income, expenses and additional pertinent tax information about the tax you should pay. It also allows the taxpayers to request a refund for all the tax overpayments. However, most people know little or nothing about these things, which makes it impossible to comply with the set rules and regulations — a mistake that attracts significant fines or penalties. Read More …

4 Reasons Why Your Business Must Integrate Payroll Management System with HR

27 October 2020
 Categories: , Blog

Payroll and HR management systems are inherently related, yet will always be two different disciplines. Therefore, your organisation requires a solution that can combine excellent HR functionality with the payroll management system.  An integrated HR system allows resource and database sharing for both teams in HR and bookkeeping departments. There are numerous advantages of integrating these two, including: Elimination of Double Data Entry  The exchange of information between payroll and HR will often involve multiple spreadsheets. Read More …

Is a Property Windfall Subject to CGT?

14 May 2019
 Categories: , Blog

Every now and again, life will present you with a nice surprise out of the blue in the form of a windfall. This may be money left to you in a will or testament, a win from the National Lottery or some other unexpected benefit. Sometimes, the surprise will come in the form of property, and while it may be tempting to spend the value of this windfall in your mind and make hasty plans to take advantage of your good fortune, you also have to consider any obligations associated with the event. Read More …