Wrong Mindset | How Can I Reduce My Tax Bill?

Many business owners care about lowering tax bill a lot, but it is a wrong mindset especially when you are starting a business.

Your tax bill is calculated on your net profit, so a good accountant will tell you to focus more on generating income rather than reducing tax.

 

Know how to read the insights from your Profit and Loss account here: http://blog.wiseadvice.co.nz/insights-from-your-profit-and-loss-account