The income tax implications of property lease incentives

Lease incentives are commonly used by landlords to entice tenants to enter into a lease. The most common type of lease incentive relates to new tenancies in commercial buildings. These inducements can take many forms, including upfront cash payments, non-cash items such as motor vehicles or boats, expensive paintings, holiday packages, rent-free or rent-discounted periods for the leased premises or for premises in other cities, free fit-out of the...

What to look for in a great bookkeeper

A bookkeeper is a bit like a GP – there’s one on every corner but great ones are hard to find but when you find a great one you never let them go. But how do you know if your bookkeeper is a good bookkeeper or even better a great bookkeeper? Well let’s start with what every bookkeeper should be so we get the basics right then look at...