How can I pay myself from my business?
You can pay yourself from your business by taking money out of the company as a salary or dividend. To do this, you’ll need to create a payroll and file taxes. You can also set up a retirement account for …
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What is provisional tax?
Provisional tax is a type of tax that businesses and individuals have to pay in addition to their regular income tax. It’s calculated based on estimated income for the year, and businesses have to pay it every quarter. Provisional tax …
Do I need a bookkeeper if I have an Accountant?
No matter how small your business is, you will still need a bookkeeper. A bookkeeper helps keep track of all your finances, manages your accounts receivable and can even help you with tax preparations. There are a number of small …
I’m doing Payroll by myself, do I really need a Payroll Service?
The short answer is yes. Some aspects of payroll can be complex and your payroll may well not be 100% compliant. Compliance isn’t the only reason why it’s best to outsource to a payroll specialist. As a small business owner, …
I’m doing Payroll by myself, do I really need a Payroll Service? Read more »