Financial Planning

Achieving Business Success with SMART Goals

In today’s competitive business environment, setting clear and effective goals is crucial for success. The SMART framework is a powerful tool that helps businesses create goals that are Specific, Measurable, Achievable, Relevant, and Time-bound. Here’s how you can apply SMART goals to drive your business forward. Specific A specific goal clearly defines what you want …

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Claiming deductions in relation to a holiday home

Taxpayers should remember that they can only claim deductions for holiday home expenses to the extent they are incurred for the purpose of gaining or producing rental income. They need to consider the following in determining whether the deductions they wish to claim are valid rental deductions: How many days during the income year did …

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