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Negative Gearing

Negative Gearing

by | Feb 4, 2021 | Finance Trends, Property Investment

Negative Gearing is a term that most people associate with Investment Property, but can equally apply to Shares and many types of investments. The basic idea with negative gearing is that a person borrows money to buy an asset, and the income from the asset is less...
Independent Contractors Versus Employees

Independent Contractors Versus Employees

by | Jan 28, 2021 | Accounting

Distinguishing contractors from employeesEmployees – Supply their labour under a contract of service (i.e a contract of employment).Contractors – Contract for services.Indicators of a contract for services:- The contract is for a given result, rather than the mere...
Budgeting for your Small Business

Budgeting for your Small Business

by | Jan 28, 2021 | Accounting

If you own or operate a small business, your chances of having a financially successful year would be greatly enhanced if you took some time & effort to set your budgets for the coming year. Budgets give you a picture of what your profit and cash situation will...