The Timely Entrepreneurhttps://www.thetimelyentrepreneur.com/index.php/component/tags/tag/106Mon, 13 May 2024 00:57:58 +0000Joomla! - Open Source Content Management - Version 3.10.11en-gbCommingling https://www.thetimelyentrepreneur.com/index.php/blog/189-comminglinghttps://www.thetimelyentrepreneur.com/index.php/blog/189-comminglingCommingling Of Funds

According to Black’s Law Dictionary, ‘commingling’ is defined as, (Of a fiduciary) “to mix personal funds with those of a beneficiary or client.”

Even as a small business, it is important to set up separate accounts for your business and personal needs.

]]>Commingling Sun, 06 Oct 2019 22:51:07 +0000VAT Registrationhttps://www.thetimelyentrepreneur.com/index.php/blog/351-vat-registrationhttps://www.thetimelyentrepreneur.com/index.php/blog/351-vat-registrationAs required within the jurisdiction of Trinidad and Tobago, individuals or businesses that makes a gross sales value of TT$500,000 or in excess of TT$500,000 in any 12-month period, MUST register for VAT.

Individuals and businesses whose sales forecast is TT$500,000 or more within any 12-month period, MUST also register.

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