Month: April 2021

HOW TO UNTANGLE YOUR PERSONAL AND BUSINESS FINANCES Mixing personal and business finances might seem harmless, but it’s a costly mistake that can lead to tax headaches, legal risks, and financial chaos. – Amanda Painter In the life cycle of every small business or start-up, one early trap catches many

YOUTH DAY: HOW BUSINESSES CAN BENEFIT FROM THE ETI Trust the young people; trust this generation’s innovation. They’re making things, changing innovation every day. – Jack Ma, Co-Founder Alibaba Group Youth Day on 16 June is a great time to consider the advantages of employing young people in your business

5 TIPS FOR HELPING YOUR EMPLOYEES THROUGH A CRISIS When people are financially invested, they want a return. When people are emotionally invested, they want to contribute. – Simon Sinek As a business owner, at some stage you will inevitably be asked to help an employee through a crisis in

TAX AVOIDANCE VS TAX EVASION : TOEING THE LINE The difference between tax avoidance and tax evasion is the thickness of a prison wall. – Denis Healey, former UK Chancellor of the Exchequer There’s a thin line between tax avoidance, which is legal, and tax evasion, which is a tax

BUDGET 3.0: VAT INCREASE OUT – FUEL LEVY HIKES IN Last month’s Budget 3.0 withdrew the contentious proposed VAT changes. This resulted in inflation-linked fuel levy increases of 16c for petrol and 15c for diesel, from 4 June.     Other tax proposals from March’s Budget – including static personal tax

5 COGNITIVE BIASES THAT COULD SINK YOUR BUSINESS Too often we hold fast to the clichés of our forebears. We subject all facts to a prefabricated set of interpretations. We enjoy the comfort of opinion without the discomfort of thought. – John F. Kennedy, former US president Running a business