(First year business tax – 5 minute read) Did you just start your first business? Congratulations! Starting a new company or self-employed venture is always daunting. You’ll be so busy working out on your products, honing your unique selling point and setting up your systems. Tax is the last thing on your mind. ‘I’ll deal
(personal insurance – 5 minute read) Ah, Insurance. My dad told me that back in the 80s and 90s that insurance salespeople were looked down upon. Insurance was this scummy industry seeking to sell something that you hope you’d never have to use. Fast forward a few decades later and we’ve got all sorts of
Clients like to ask me this question: ‘So if I buy a car for the business, I can claim the entire $40,000 that I spent on it as an expense right?’ WRONG. I’m sorry my dear client, but you will have to depreciate the amount over the fixed asset’s useful life as it is a
