List of Income and Expenses for Individuals
Below is a comprehensive list of possible sources of income, possible deductions, and allowances available for individual/personal income tax returns – we know it’s a lot to read through! If…
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Work From Home Tax Deductions
If you are an employee who works remotely more than 50% of your time and has designated a specific room for business purposes or you are self-employed and work from…
Read More Solar Deductions for Individuals
The Calculations Rooftop solar installations done by individuals from 1st March 2023 will qualify for a 25% rebate on the cost of new or unused solar panels – up to…
Read More Do you have a fear of finances? Read this to take control
Business owners who fear dealing with the financial management of their small business – it’s more common than you think. Having a fear of finances is problematic when you run…
Read More Accounting ratios demystified
The word ‘ratio’ probably brings up traumatic memories from high school maths class, but in an accounting context, a ratio is a useful tool. Accounting ratios are part of the…
Read More Why you should re-think retainers
Many entrepreneurs and SME owners feel that paying a retainer fee for their accounting is something only corporates do. That’s a misconception: having a remote accountant on retainer is a…
Read More What is a CFO (and why your business needs one)
Many accounting service providers have the acronym ‘CFO’ in their company title, but not all are created equal. The truth is, few actually have qualified and experienced CFOs on their…
Read More How to choose the right accounting software
If you own an SME, there’s no doubt that you battle with things like keeping track of invoicing and chasing up on old payments. And, if you’re using accounting software,…
Read More Three things YourCFO has learnt from going fully remote
Like many businesses, we’ve had to change the way we do things due to the global pandemic, and one of the big changes we made was going fully remote. Fortunately,…
Read More When it’s time to switch to a new accountant
Maybe you’ve had the same accountant for ages, or maybe you found someone new, but things aren’t going so well. Whatever the case may be, sometimes changing accountants is a…
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