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Articles by John Heaslip

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Annual and sick leave

by John Heaslip 10 Dec 20

From time to time clients contact us to ask what their employees are entitled to with regard to annual leave and sick leave. This is obviously an important thing to get right, for both employers and their staff. The Labour Party made a promise before the..

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Small Business Checklist

by John Heaslip 02 May 16

In my day to day interaction with clients I meet a lot of small business owners whose businesses are in their embryonic stage. They are busy practising their particular expertise and, as such, most budding entrepreneurs do not willingly spend time thinking about the administration..

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END OF FINANCIAL YEAR CHECKLIST

by John Heaslip 25 Feb 15

For most clients, 1 April signals the start of the New Year for business and tax purposes, and the month of March brings opportunities to minimise tax and maximise cash surpluses for the coming year. A well known quote is “if you fail to..

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Budget and Cash Flow Forecast - What's the Difference?

by John Heaslip 24 Mar 14

This is the time of year all businesses should be preparing budgets and cash flow forecasts. The preparation of these is essential - the reason being that unless you know your anticipated income and associated expenditure, along with the peaks and troughs of your flow..

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TAX OPPORTUNITIES FOR THE NEW FINANCIAL YEAR

by John Heaslip 16 Jan 14

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PROFIT VS CASH FLOW

by John Heaslip 30 Sep 13

I regularly have discussions with clients about the difference between "profit" and "cash flow", as many people have difficulty in differentiating between the two. So what is the difference between profit and cash flow? Frequently it's the difference between success and bankruptcy. Profit Profit is..

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