Free VAT Calculator for calculating net profit
If you are running a business in a country where you must charge your clients VAT, like Israel or the UK, you may often find yourself trying to figure out how much money is left once VAT is deducted from client payments. I’ve found a number of online VAT calculators, but they are either unreliable, […]
Israeli small businesses doomed to failure
The Israeli economy is growing at a tremendous pace, yet a recent study by BDI-Coface has shown that despite the fact that there was a 3% rise in 2007 of newly-founded businesses over previous years, most Israeli businesses are doomed to failure. According to the study, only 58% of ventures are still around after two […]
And on the subject of taxes…
One of my last posts was about the burden of taxes on small businesses, and how they stifle growth. To continue in that spirit, here are some quotes about the beauty of taxation: “I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and […]