Monthly Archives: July 2016

Employees who do some work at home

Employees who do some work at home If you have a dedicated home office, and you do some work from home, even if it is just checking emails, printing reports or doing work rosters -you may be able to claim a portion of: home office running expenses, Internet and phone expenses as well as computer […]

Do you have a hobby-business?

Is it a Hobby or a Business? A hobby is a spare-time activity or pastime pursued for pleasure or recreation; and A business generally requires some form of investment and enough customers to whom its products or services can be sold on a consistent basis with a profit-making intention. The distinction between a hobby and […]

Is Your Business Viable?

Is your business viable? Viability is defined as the ability to survive. For a business, this is linked to financial performance and position. A business is viable when either: • It is returning a profit that is sufficient to provide a return to the business owner while also meeting its commitments to business creditors. • […]