by Canning Tax & Advisory | 20 Dec 2023 | Business Operations
Not all businesses need (or can afford) a full-time head of finance. But, in addition to accurate and regular financial reporting, they need a strategic view of finance whether that means budgeting, business planning, forecasting, fundraising, financial modelling,...
by Canning Tax & Advisory | 20 Nov 2023 | Tax Compliance
What can businesses do to protect themselves against this financial fraud? Here are some guidelines. In a world of digital financial networks and online commerce, the risks of cyber fraud are greatly increased. What is cyber fraud? Cyber fraud is criminal activity...
by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance
1. Audit your tech stack The first step is to understand where you’re spending money now. Sometimes IT expenditure grows because of once urgent needs, one-off projects or even failed initiatives. This results in redundancies such as multiple applications doing the...
by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance
All businesses should review their expenses periodically. Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED TO reduce expenses as a matter of survival. No matter what the circumstances, here are...
by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications. Many small-scale developers often assume that their tax...