There is an exceptionally long list of reasons that stop us from making the decision to set up our own business, but if we wanted to point out the one that appears most often, it would certainly be the fear of high costs associated with running a business
Indeed, these costs are not insignificant, we have to spend the money not only on investments, because the state will also ask for its own. The necessity of paying these obligations, which are related to the broadly understood social security system, seems inevitable. However, when it comes to our cooperation with the Tax Office, it turns out that we can keep part of the money due to it in the company. Moreover, we can achieve this by contributing to its development and better functioning.
Those who hear for the first time that we can consider a good company primarily one that generates high costs may be amused by this. However, when we consider this issue, we will certainly come to the conclusion that it is not as abstract as we thought it would be.
Generating costs in a company can be the key to its success, because the lower the income of the company (and this reduces the costs associated with its development), the lower is also the income tax paid by its owner.
At this point it is worth emphasizing that one cannot afford any shortcomings in this respect, although the costs generated by the company may reduce both income tax and VAT, it should be remembered that the Tax Office will expect us to document the fact that we have incurred them.
It is also worth bearing in mind that although the law does not force us to have a cause-and-effect relationship between the company's costs and profit (some generate it only in the long term), not all expenses may be included among those necessary for the company's development. Among the obvious costs that are worth generating are those related to the expenses incurred for rent and media and generated to equip the office and buy electronic equipment.
The company's costs, which may reduce the amount of tax liabilities, are also related to services used by the company to improve its functioning (website service, accounting office support). The law also speaks of non-obvious costs, where it must be justified that they contribute to the development of the entity we manage.
I had been wondering for a while, what would my first blog on this portal be about.
While conversing with Ms. Geeta Dharmarajan, the founder of Katha, I realised that that the relationship between feelings and learning is is what our first post should be about.
I felt our first post should be about the relationship between feelings and learning, about the connection between the facilitator and the pupil, about the connection between imagination and science, and about everything being a big large story- with small little stories interspersed in between.
Before we move on, here is a little about Katha: Katha is an organisation that has been helping children learn, through stories, since 1988.I have been asked a number of times, if we are a Childrens newspaper company or a robotics company, or a STEM company or a teaching company… Here is the answer, we are a thinking company.
We want our children to think, and there is no way a child can think in buckets and categories.
We want thoughts and imagination to transcend subject barriers, because rasa and shastra cannot be separated.
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