Understanding Income Tax – A Guide for SME’s
I find that a large number of business owners do not completely understand how income tax works and therefore they focus on the wrong issues. In a typical conversation their overwhelming concerns are usually: I don’t want to pay tax. How can I save tax? Why aren’t I getting a tax refund? Once I help […]
Accounting Software vs Excel Spreadsheets for SMEs
A common issue we come across when working with SME business owners is the use of Excel spreadsheets (or worse a shoebox) instead of appropriate accounting software to manage their record keeping requirements. When asked “Why do you manage your business this way?” we usually hear one of the two following answers: Because Excel spreadsheets […]