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Here are some useful tips for any small business dealing with taxation.
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Business Tipsfor Taxation
Business Tip #1
Seek advice
Internet tips are no substitute for professional advice – although it won't come free, it will
ultimately save you time and money.
Business Tip #2
Set money aside
If you know that tax bills are upcoming, it is important to build up a reserve of savings to pay
for them. Resist the temptation to dip into this fund.
Business Tip #3
Tax breaks
Make certain that your business takes advantage of any discounts that it is entitled to –
check with your tax professional.
Business Tip #4
Keep accurate records
It is essential that your business has a way of accurately documenting its
income and expenditure.
Business Tip #5
Get it checked
Every twelve months or so you should schedule a “tune-up” with your financial advisor to ensure
that everything is going according to plan.
Business Tip #5
Get it checked
Every twelve months or so you should schedule a “tune-up” with your financial advisor to ensure
that everything is going according to plan.