Entries by Leigh-Ann Powell

Living a life of purpose and fulfillment

Chapter 1:  So, why are you in business? By Mal Warwick and Ben Cohen Excerpted from Values‐Driven Business: How to Change the World, Make Money, and Have Fun. Berrett‐ Koehler Publishers, 2006. Copyright © 2006 by Mal Warwick and Ben Cohen. All rights reserved. Living a life of purpose and fulfillment Perhaps you run a business […]

Simple Business Plan

Successful marathon runners will tell you it is far easier to conquer the 42.2k’s if you break the race down into smaller segments. Running a business is much the same. This is particularly the case if you’re thinking of preparing a business plan for your business. A good suggestion is to break the plan down […]

Thinking Outside the box

A senior citizen lived all alone. He wanted to plant his annual tomato garden, but it was very difficult for him, as the ground was hard from a very dry season. His only son, Jack, who used to help him, was in prison. The elderly gentleman wrote a letter to his son and described his […]

A Quick Reminder on Expense Deductibility

Here is a quick summary of what you can claim when running a business, not a hobby. If your intention is to make a profit then the activity is a business and will get caught for tax purposes, but take expert tax advice if in doubt. Accountancy and Other Business Advisory Services – these are […]

Tax Assessment Article

Another Professional Trustee in Court   Budget 2013 “Mean tax” a stupid tax! In keeping with recent trends Budget 2013 contained little in the way of tax measures. So much so that we did not see the need for our traditional Budget News Flash clogging your Inbox. The changes announced were: immediate deductibility for costs […]