Westcourt

Running a fixed asset and tax register

The governments temporary full expensing of assets has changed the concept of depreciation.   If your family business buys an asset it is deductible in full the year it is ready and it is not expensed over its useful life. Classically the tax depreciation of an asset roughly lined up with the time-period that the asset… Continue reading Running a fixed asset and tax register

13 Estate planning tips beyond your will

As accountants we understand that an estate plan goes beyond preparing a will and a testamentary trust.  The practice of making sure you choose the time when you transfer your estate together with the correct recipient (tax effectively) ranges from simple to deeply complex. The following are some simple tips to making sure your estate… Continue reading 13 Estate planning tips beyond your will

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