Have you ever wondered why Doctors emphasizes on the importance of a health passport? Even if the treatment was minor, it is recorded in the passport. What has not been written has not happened. Keeping accounting records of your business is very important even if the business is microscopic in nature. You incur many costs […]
What are the Consequences of not Keeping Proper Books and Records Read More »
Previously, I wrote about the consequences for not keeping proper books or records. The consequences mentioned were as a result of not accounting for your business. First of all, let us look at what does it mean to account your business. Without looking at size of your business, you probably need to take each
5 Reasons Why Accounting for Your Business is Essential Read More »
What is Value Added Tax? A value-added tax, known in some countries as a goods and services tax, is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production, distribution, or sale to the end consumer. If the ultimate consumer
VALUE ADDED TAX (VAT) IN MALAWI Read More »