In this episode of the #NiunetPodcast we speak with Vanessa Geita. She is an active blogger who operates an Instagram and Facebook account dedicated to educating her followers on anything finance-related with the goal of assisting SME’s and new businesses.
We caught up with her and asked about running a business, smart financial practices, and how taxes can affect your business.
Here are time codes for easy navigation
00:00 - Intro
00:05 - Show Introductions
02:41 - Who is Vanessa?
06:47 - Why she started Hello Tax Man
09:54 - The reception of the pages
16:23 - What is tax
17:24 - What is income tax?
18:53 - What is GST?
19:56 - Do we pay taxes differently in PNG compared to other countries?
22:13 - Tax penalties to be aware of
27:20 - Keep a track of your books
30:20 - What businesses are expected to do after the first year?
33:21 - Vanessa's take on the level of financial knowledge the general public has
36:00 - The potential for Young PNG entrepreneurs once they understood taxes and bookkeeping
39:19 - Whom small businesses can engage with to assist them with their taxes
44:36 -The things they don’t teach you in school
46:55 - What are healthy and unhealthy spending habits?
53:36 - Closing
54:07 - END
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Hope you enjoy the episode everyone!
#niunetpng #educationeverywhere #taxes #business #bookkeeping #financialliteracy