by alertsprofessionalservices | Sep 26, 2023 | Blog
A dividend is a payment not considered as a business expense when calculating corporation tax and corporation tax on losses. Dividends are distributed when all the business expenses have been accounted for, paid from the gross profit. As a shareholder (in either a...
by alertsprofessionalservices | Sep 18, 2023 | Blog
What is Tax Planning? Tax planning can be defined as an arrangement of one’s financial and economic affairs by taking complete legitimate benefits of all deductions, exemptions, allowances and rebates according to laws and regulations to ensure that tax...
by alertsprofessionalservices | Mar 2, 2023 | Blog
Activity-based costing is an approach to the costing and monitoring of activities, which involves tracing resource consumption and costing final outputs. Resources are assigned to activities and activities to cost objects. The latter use cost drivers to attach...
by alertsprofessionalservices | Oct 4, 2022 | Blog
Introduction There are a few taxes that affect estate planning and deceased estates with the most important of those being, income tax, capital gains tax (CGT) and estate duty. A brief explanation of the effect of these taxes on a deceased estate is explained here...
by alertsprofessionalservices | May 19, 2022 | Blog
Working Capital Management is Essential to a Healthy Business There’s no denying that running a business is an exhausting and complex task. There’s so much to keep up with, including peaks and falls in the market, shifting consumer behaviours, and new developments in...