Business owners, service providers, individuals, companies, partnership and various organizations are subject to tax payment. No one can escape from the tax of the country. To support this, there is an interesting statement mentioned by Benjamin Franklin “nothing is certain…

Taxes are divided into two. 1. Indirect Taxes 2. Direct Taxes Indirect taxes are taxes collected for the government by businesses e.g. VAT. Direct taxes are taxes paid directly to the government by individuals and businesses e.g. income tax. Common…

What is Partnership? A partnership business, is a type of business that consists of two or more people who combine their resources to form a business and agree to share risks, profits and losses amongst themselves. Common partnership business examples…