Tax Deductible On-Site Meals for Business Owners
Here is a great little tip to keep in mind for 2017. Most businesses owners work long or irregular hours and usually eat at least one meal a day at work. Provided it uses a company or trust, a business can often claim a tax deduction for meals that are eaten at work. Just make sure you eat your meal on site and do not serve alcohol with the meal.
The power of deductibility
At this time of year, many people are keen to make some sort of donation to charity. Here is a simple but powerful idea that will ensure any donation you give does as much good as possible
The list we all want to be on (and what it tells us about wealth)
Lists of the highest paid professions can be good fun. But they also tell us some fundamental truths when it comes to making money, whether we are running a business or deciding on investments. So, take a look and have a think about the most recent list of Australia’s best paid.
Market Update December 1 2016
If presidential elections are hard to predict, then how much harder is it to predict market reactions to those elections? The share market’s reaction to the Trump presidency might have ended well, but it defied logic along the way. The next four years could be very interesting.
Tax-free gifts for Christmas/End of year
The end of the year is almost here. Here is a great way to reward your staff - with a little bit of help from the taxman.
What is a median house price anyway?
You hear a lot of commentary about median house prices. But what is the median, exactly?
Listed but not tested
Companies don’t need to be profitable to list on the stock market. So, don’t be fooled into thinking that every share market listing is a sure thing.
Market summary – October 2016
A bad month for sellers is a good month for buyers. But you would never know from the headlines.
It’s nice not to work for a bank
It is estimated that as few as 15% of financial ‘planners’ are not aligned with large institutions. A pity: being non-aligned is the only way to be a genuine adviser.