Introduction to business: Record keeping
Don’t stress out about the paperwork! In this video, we explain what you need to do to keep on top of your record keeping. […]
Don’t stress out about the paperwork! In this video, we explain what you need to do to keep on top of your record keeping. […]
When you start out in business, you may need to register for goods and services tax – GST. In this video, we’ll give you a quick overview of what you need to know. […]
Depreciation recognises that your fixed assets lose value as a result of normal wear and tear. You treat depreciation like an expense and deduct it from your gross income when you do your income tax return. […]
In this video, we explain the difference between revenue and capital expenses and what you can claim in your income tax return. […]
Are you in business for yourself? In this video, we explain how income tax works. You’ll also find out if you have to pay provisional tax, which is a way of paying your income tax throughout the year. […]
When you’re looking to start a business, one of the first things you need to do is choose a business structure that’s right for you. The three most common business structures are sole trader, partnership, and company. We’ll look at each one in turn, and you’ll see how “doing your taxes” changes according to the business structure you choose. […]