need to report
We are all in search of how to save money, but we often do not pay attention to the facts of how we thoughtlessly “lower” the tidy sums of money daily. Here are 10 ways to prevent your money from slipping away from you:
1. Determine what you really need to do in your home
Living in their own apartment or house, we often do not leave the feeling that something else needs to be repaired, bought, completed, and there is no end to it. Repair can be done indefinitely – spend uncontrolled amounts of money, while also getting a headache from unnecessary or inappropriate purchases. And as a result, the cranes that needed to be repaired in the first place remain leaking. Take time to sit down and calmly identify the three necessary improvements or purchases at your home. If you didn’t have a flood the other day, such an amount will be enough. Repeat this task in a month. The result in the form of cost savings and the establishment of everyday life will not take long. Continue reading
Do not like to think about money? It seems like everyone around is cleverly managing their money, everyone but yourself? The truth is that money is a tool, and we decide where and how we apply it. Let’s try to use these 10 steps in order to make a long-term peace between us and money:
1. We clearly define our financial capabilities. The longer we ignore our finances, the more frightening and confusing things will become. We will make a list of all our annual income and expenses and carefully look at where we are now.
2. We control our debts. Given the circumstances of life, it is better to be without debt than with them, and the point here is not even the money itself. Uncontrolled debt can turn into an expanding black hole that will eagerly absorb everything. Continue reading
Entrepreneurs conducting activities not only in the national but also in the global business field have been forced in the past few years to adapt to the requirements of the updated legislation of the Russian Federation. First of all, we are talking about standards stipulating the work of controlled foreign companies. The adopted law expanded the range of tax residents of the Russian Federation and obliged all firms managed by Russians to pay taxes to the state budget. In this regard, the question arose of finding alternative tools for financial optimization and asset protection.
Entrepreneurs are forced to notify the tax authorities of the Russian Federation about their participation in companies established abroad. Sanctions for neglecting the requirements of the Law – 50 thousand rubles for each of the external companies (according to the Tax Code of the Russian Federation, article 129.6). However, if a Russian resident participates in a structure that does not form a legal entity, he may not submit information to the tax authorities about this. To take advantage of the disclaimer of norms, the following condition must be observed: participants must not belong to the founders and / or persons who control the structure and distribution of its profit. Continue reading