The January 31 deadline for filing your personal tax return is only days away as I write this and we’re down to the last half-dozen that need to be finalised and submitted. The common link among the last half-dozen is that most of the them have more tax to pay than they expected.
Do not put the tax cart before the business horse
It also reminded me that it can be daft to make decisions primarily for tax reasons. Putting the tax cart in front of the business horse is the wrong way to run a business.
Now get out of that – business, cycle
You run a cycling shop, part of a chain (no pun intended), and on a Sunday lunchtime a guy drags his bike in with a puncture, asking whether your shop can replace the inner tube so he can get on his way.