Motor Vehicle Logbooks

Generally speaking, if you estimate that you have a fair amount of business or work-related business use of a motor vehicle (say more than 30% as a rule of thumb), it will be in your best interest to keep a logbook to claim tax deductions for motor vehicle expenses (unless an exception applies as outlined

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Why We Recommend Accounting Software

While it can be hard to alter the way you do business and embrace change, the potential rewards are huge. Small businesses often start out using Excel – but soon realise that’s only feasible up until a point. Your business needs to evolve and grow. Accounting software can help you streamline your business and increase

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Financial Planning and Starting a Small Business

Being the boss can be exhilarating. But there are also significant risks to going out on your own, and unfortunately the failure rate of small business is high. The old saying, “No one plans to fail, but many fail to plan,” is particularly applicable to the new business owner. Comprehensive financial planning generally involves tax

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