Thriving Financials

18/02/2019

A dollar more paid in fees is a dollar less in profits.

Customers of Scotiabank have been put on notice for new charges for a number of services.

The bank is set to adjust its schedule of rates and fees as of March 1st.

Retail and small business, offshore and commercial banking are among the accounts to be affected.

The bank, in a notice posted on its website, states that retail banking customers carrying out over the counter transactions above any free items they are allowed, will be charged $5.00.

Small business banking will attract an annual review fee of 0.25% of outstanding balance.

Other charges include a monthly management fee on various commercial accounts and a new account fee for separate legal commercial entities.

08/02/2019

Here are a few reasons why bookkeeping should be top priority in your business:

1. It allows you to know your numbers
2. Better cash flow management
3. Easier tax filing
4. Easier reporting to lenders or investors
5. Allows for business analysis and planning

Drop a comment if you agree or if you have any more reasons.



#246

03/02/2019

Here to help your business thrive by keeping your finances in order. Any successful business owner should always know his/her numbers.

02/02/2019

Take note

The public is asked to note that the Tax Administration Management Information System (TAMIS) will be offline tomorrow, Sunday, February 3, from 1:00 until 9:00 p.m., for scheduled maintenance.
As a result, TAMIS registration, as well as corporate and business tax filing, will be unavailable during that time.
Any inconvenience caused is regretted.

29/01/2019

Agree or Disagree??
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From a financial stand point, it costs more to carry a balance on a loan or credit card card with a higher interest rate. A higher percentage of your monthly payment goes towards interest vs principal than if it was 'low interest debt'. Credit Card debt in most cases is the highest interest debt that most individuals carry.

27/01/2019

Bookkeeping is the process of recording daily financial transactions in a consistent manner. It is a key component to building a financially successful business.



#246

23/01/2019

Need help registering for TAMIS? Kindly send us a message to see how you can get started. (Individuals Only)

23/01/2019

Hi, Thanks for visiting the page.
Our aim is to help small business owners manage their finances effectively so that they can develop thriving businesses. We currently offer bookkeeping services and assist in running effective social media marketing campaigns.👩‍💼
We also aim to scale back the high level of financial illiteracy amongst the general population by sharing personal financial tips and knowledge.👨‍🏫