accounting, payroll, tax
accounting, payroll, tax

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Interest Rates in 2019 – Which Way Will They Go and Why?

“Prediction is very difficult, especially if it is about the future” (Nils Bohr – Nobel Laureate) Normally the market and economic commentators react favourably to interest rate decisions of the Monetary Policy Committee (MPC). The Reserve Bank, which houses the MPC, is one of the most admired institutions in the country. The MPC’s decision to raise interest rates in November 2018 however drew a sharp reaction, and polarised opinion into two camps, both with strong arguments.

Directors' Duties and Responsibilities!

Directors of companies enjoy a privileged position in that they are responsible for the running and administration of the entity entrusted to them. This includes being aware of the common law duties applicable to them as well as the statutory duties required of them by the Companies Act.

Work-Life Balance in the Wave of Technology

Whoever imagined having a work-life balance has to admit that it hardly exists in any successful business today and at best, does not mean an equal balance. Some smart and successful business owners will warn you to spend more time planning or becoming more efficient and not to please everyone. Yes, and it is also true that no marketing means no business and that business success has nothing to do with your competitors and everything to do with you. These words of wisdom are valuable lesson on how to give your wellbeing a boost along with your business and should not be dismissed. But today, the reality is that you couldn't have it all – so the question is how can I make my life easier and can technology improve your work-life balance?

A Perspective on The Tax Shop Franchise Value

Warren Buffet noted, ‘If you got the right kind of product, you may be paying for taste, you may be paying for a mental association that you have, or service availability. That’s franchise value, and I’d say that franchise is basically like a moat around your economic castle.’

I am an Accountant and Tax Practitioner - What Could Go Wrong?

Ask yourself - What could go wrong if:  51,5% of accountants have not started planning for 2019?  40,5% of accountants will not meet their targets for 2018?  61% of accountants are likely to introduce a new service in 2019?  80,5% of accountants need technical support in response to a client engagement and tax related queries?