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Related resources

How to claim business expenses

When you run your own business you pay tax on your profit, which is your income minus any expenses you can claim. That’s why it’s important to understand what business expenses you can claim and to keep good records. It allows you to avoid paying unnecessary tax.

“Principles” by Ray Dalio

“Principles” by Ray Dalio is a groundbreaking book that offers a deep dive into the mind of one of the world’s most successful investors and entrepreneurs. With his unique blend of personal anecdotes, practical wisdom, and a systematic approach to decision-making, Dalio presents a comprehensive guide to achieving personal and professional excellence.

What is depreciation and what does it mean for your small business?

An asset is given a certain value and over its lifetime, this figure diminishes. This is called depreciation. Depreciating assets can be accounted for as an expense and this impacts various aspects of your small business.

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