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How do you explain Personal and business taxation?

explain personal and business taxation


When was Business Never Personal created?

Business Never Personal was created in 1991.


Personal business letter?

A personal business letter is a letter written by an individual to a business concerning a business matter.


Can I use personal checks for a business account?

No, personal checks should not be used for a business account. It is recommended to use business checks for business transactions to maintain proper financial records and separation between personal and business finances.


Can your personal umbrella policy cover you if your business is sued?

No, a personal umbrella policy generally excludes all business and business exposure. A personal umbrella protects an individual. If your business is insured with a business/commercial policy to protect the business it would be a commercial umbrella.


Which is the most important factor in breaking a nicotine addiction?

a strong personal commitment


What is business and Personal Computing?

Business computing is done at work; personal computing is done at home.


When was Personal Business - album - created?

Personal Business - album - was created on 2001-07-17.


Can I order personal checks for my business account?

Yes, you can order personal checks for your business account.


If you leased expensive equipment for your business in your business name would it effect your personal credit file?

It shouldn't unless business and personal funds were commingled or a personal credit card was used when making business transactions.


is there a difference between business and personal phones?

Yes, there can be a difference between business and personal phones. Sometimes business phones will have extra features such as conference calling that a personal phone won't have. Or perhaps, a business phone will have VoIP capability that a personal phone won't have.


What is the strength and witnesses of a soletrader?

A sole trader's strengths include complete control over business decisions and the ability to keep all profits, fostering a strong personal commitment to the business's success. However, weaknesses include unlimited liability, meaning personal assets are at risk if the business fails, and limited access to capital, which can hinder growth. Additionally, the sole trader may face challenges in managing all aspects of the business alone, leading to potential burnout.