Maximising the value of doing a stocktake to reduce your tax

Keeping track of trading stock is a vital part of running any small business day to day, but it becomes particularly important during tax time. Most people aren’t aware that damaged or outdated stock at the back of your storeroom might actually be worth something. And that by doing a stocktake, you can deduct theContinue reading “Maximising the value of doing a stocktake to reduce your tax”