TAX IS AN EXPENSE NOT AN IMPOST

A different view? Having a tax liability means one thing – you have made a profit, because tax is paid/payable on profits. Be happy with that. Dividends are paid from after tax profits. You basically can’t pay a dividend if you have no profits. If you pay tax you can pass on the imputation to … Continued

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Budget/12 Doesn’t Equal Cash Flow

April, that time of the year when the nights appear longer, air is crisp in the morning and getting out of bed is just that little harder. It’s also the time of the year when many business owners start to plan “next year”. The success or failure of the current year is nearly over and … Continued

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Be first out of the block

I was fortunate enough to meet Usain Bolt on one of his trips to Sydney and whilst I stood in awe of the fastest person in the world, what really impressed me more was his trainer; Glen Mills. Mills has been coaching Bolt since 2004 and since then the record books have been rewritten countless … Continued

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