A timing anomoly when disposing of property

Property related transactions are typically significant transactions, and therefore tax considerations linked thereto should be carefully considered. One such consideration involves the timing of the disposal of immovable property that was held by persons as capital assets. Sales of such property will comprise a transaction subject to capital gains tax (“CGT”). This article considers when […]

10 Financial tips for small businesses

In the current economic climate, effective management of your business’s finances are more important than ever. The following tips will assist you in managing the finances of your business effectively: Keep a record of your transactions Be sure to always keep an accurate record of your transactions. Whether it’s for an annual tax payment or […]