Many owners of small businesses find that their well-intentioned desire to provide adequate medical cover for their employees becomes unsustainable. This is because medical costs end up taking an increasingly bigger chunk of the company's resources. This article offers some suggestions that owners of small businesses can implement to keep the cost of employees' medical insurance affordable. Combine a Health Savings Account with High Deductible Health Insurance Many insurance companies levy lower premiums for health insurance policies with high deductibles.
24 November 2015
If you have been working on a new idea and want to quit your job to take it to the next level, it's time to do some financial planning to make it happen. Here are some tips on forming a plan to get your start-up off the ground. How much of your living expenses do you have covered? Before you quit your job and ride off into the sunset, you'll need to have some living expenses covered.
29 July 2015
A construction project is an immense undertaking whether you're building your home or large civil structures. Quantity surveyors have the right skills to help you plan appropriately throughout this process. Their input can help you minimise risks and meet your project goals as shown below. 1. They help you choose the right project First, a quantity surveyor can help you embark on the right project by carrying out feasibility studies and utilising their work experience.
15 May 2015
Tax time is fast approaching. If you are a wage earner, you might be wondering what expenses you can claim. To claim an expense as a deduction, it must be incurred in the process of earning an income rather than for personal use, and must not be a capital expense. If you use your computer for both personal and work-related use, for example, then you can only claim the work-related portion.
8 May 2015
Are you considering a taxation service in order to get your taxes completed, but you are not sure if they are a good investment to make? Like all types of services there are advantages and disadvantages to using them. By taking the time to learn the specific ones of taxation services you can make an informed decision. With that thought in mind here are some reasons for and against taxation services.
15 April 2015
If you're looking for ways of raising cash quickly, and you can't obtain loans or credit easily, you might want to consider pawning some of your valuables. But how does pawnbroking work? What are the advantages and disadvantages of pawning, and will this option work for you? What are pawnbrokers? In a nutshell, pawnbrokers lend money secured against an item of value that they can sell if the borrower fails to pay back the loan.
14 April 2015
There are a number of different scenarios where a product manufacturer can be found liable under Australian law for loss or damage to a consumer. The legal system is set up to determine whether a manufacturer was at fault or not, and whether any compensation should be awarded to the plaintiff. As a new manufacturer, what do you need to know before you go to market, in order to protect yourself as much as possible?
1 April 2015
As a student, you don't tend to have the most lucrative jobs so it's important to make sure that you maximise your deductions and get back as much as possible from your tax return. Maximise Your Deductions If the course that you are studying has some relationship to your employment in that it will help you maintain your employment or gain an increase in income, you can claim deductions relating to self-education.
27 March 2015