How to gain more control over your company’s finances? One way to do this is to look at your monthly costs and look for ways to reduce them. It is good to look at costs in terms of variable costs and fixed costs. It shows where the money is going and whether something could be given up. However, controlling costs does not only mean cutting costs. The main goal is to learn how to make more profit without compromising on quality.
When compiling the annual report, so many companies may be frightened by discovering that equity does not meet the requirements prescribed by law. We can explain in more detail how equity can become negative and what to do in such cases.
Regardless of the field in which your company operates, you generally need to know what the taxation of costs is, i.e. what the state requires you to pay. You could also find out what the state benefits are so that you will not pay more taxes out of ignorance than you actually should. We are talking about the taxation of costs, i.e. the logic of corporate income tax in Estonia and elsewhere, tax-free and taxable costs, fringe benefits and non-business costs.