Efficiency increases profitability

Efficiency increases profitability

The political and macroeconomic environment that has prevailed in Zimbabwe and probably other countries across the world has led many organizations and entrepreneurs to shift blame for their poor business performance to politicians. If one looks at the level of...
Capital Gains Tax – How It Works

Capital Gains Tax – How It Works

What is Capital Gains Tax? Capital Gains Tax (CGT) is a tax levied on the capital gain arising from the disposal of a specified asset. Specified asset means immovable property (e.g. land and buildings) and any marketable security (e.g. debentures, shares, unit trusts,...
Financial literacy matters more than politics

Financial literacy matters more than politics

Politics has played a major role in shaping the global economy to the extent that many people believe that their financial success in life is dependent on which political formation is in government at a particular time. While this fact can be true to some extent there...
The Purpose Of A Tax Invoice

The Purpose Of A Tax Invoice

  Value Added Tax (VAT) is invoice based and is accounted for on invoices generated on both cash and credit sales. The VAT payable is the difference between output tax and input tax. Output tax is the tax charged on supplies made while input tax is the tax incurred by...
Why Small Businesses Fail

Why Small Businesses Fail

  All businesses start as small businesses and gradually grow until they become large corporations with branches all over the world. Only 5% of the businesses actually grow to become large corporations. In this article l will look at the reasons why small businesses...