IF YOU DON’T MAKE A PROFIT, YOU DON’T HAVE A TAX BILL
IF YOU DON’T MAKE A PROFIT, YOU DON’T HAVE A TAX BILL
However if you do make a profit, it’s easy to overpay your taxes. In short, focus on:
- Getting Your Business Noticed
- Having People Contact You
- Selling something to them
- Encouraging hem to spend more with you when they are there
- Attracting them to come back to you repeatedly!
That’s what will dictate if you have a tax bill or not!
Paying the Directors Wages, don’t make this €4,000 blunder!
Q: When are Directors wages not Directors wages? A: When they are expenses of course. Except when the taxman is around. Now, if a Director is paid money, and it's not nailed down what that [...]
When is a Scholarship not a Scholarship?
Some people have the mistaken belief that when they are receiving a training allowance, it’s the same as a Scholarship. That this is automatically tax free. This is not the case though if it is [...]
Ethical Pension funds
Have you heard of Ethical Pension Funds? Did you ever think about what your pension savings are invested in? Did you ever consider that these investments potentially could be in industries you do not support [...]
