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Showing posts from October, 2022

Significance of tax planning

  Every time a new financial year begins, it is essential that the company prepares an effective financial plan, to find tax and accounting strategies to reduce the amount paid with taxes, generate profit for the business, reduce costs and achieve better results. Tax planning is a measure used that allows the company to reduce its tax burden through legal means, becoming extremely important as it allows the company to organize itself and find a way to take advantage of all the tax benefits available. Why is it important to have  tax planning  in your company? A well-done tax planning aligned with business strategies directly impacts the company’s success. See the reasons: reduces business costs, without interfering with the quality of the product or service provided; controls cash flow, as tax payments can be made in a variety of ways upon receipt of a sale; decreases or eliminates unnecessary tax payments; increases the company’s competitiveness in the market; promotes t...

How Chartered Accountants can support business creation?

  The chartered accountant is often perceived as a professional figure, whose role is limited to the   accounting   of the company. For many, this professional should only be called upon when the business is already in place. However, the latter can intervene in the process of creating the company. Discover in this article the roles of an accountant in the creation of a business. Upstream choices Before starting a business, several decisions are important to make. These decisions are essential for the future because they directly impact the assets of the company. But that’s not all. They will also influence the possibilities in terms of tax exemption. All this calls for knowledge of the notions of taxation and law. To this end, the intervention of an accountant can be of great use as he can operate on several levels. From a legal point of view The chartered accountant can also help you in choosing the legal status of the company. You will find several statuses and a CA ca...