Expenses?

I have to go to Frankfurt this evening to run a two-day course on Monday and Tuesday.

The recent revelations about MPs' expenses have got me wondering whether I include enough of my outgoings when invoicing clients, as well as whether I should be setting more of my expenses against tax.

Short journeys like this one, for example, mean buying cups of tea, coffee and snacks that I can never be bothered to include in my invoices, even though I wouldn't have had to spend any of this money had I not been on my way to do a job for a client.

And, having just bought a new case that's big enough to take all my equipment, shirts, etc,. but small enough to count as hand baggage and save me time waiting at luggage carousels, does this count as a 'business expense' that can be legitimately set against tax?

Thanks to our elected representatives, I feel a visit to my accountant coming on...

Imagery worthy of Obama in speech by the Governor of the Bank of England

I’ve thought for some time that Mervyn King, Governor of the Bank of England, has some pretty good speechwriters, and this isn’t the first time I’ve thought it worth posting an example from one of his speeches.

The night before last at the Mansion House, he used and developed a neat simile, that was singled out and used as a headline in the print and broadcast media:

KING:

"To achieve financial stability the powers of the Bank are limited to those of voice and the new resolution powers.

"The Bank finds itself in a position rather like that of a church whose congregation attends weddings and burials but ignores the sermons in between.

"Like the church, we cannot promise that bad things won’t happen to our flock – the prevention of all financial crises is in neither our nor anyone else’s power, as a study of history or human nature would reveal.

"And experience suggests that attempts to encourage a better life through the power of voice alone is not enough.

"Warnings are unlikely to be effective when people are being asked to change behaviour which seems to them highly profitable.

"So it is not entirely clear how the Bank will be able to discharge its new statutory responsibility if we can do no more than issue sermons or organise burials."

You can watch this part of the speech HERE - and was there a slight smirk on his face as he finished the punch line about 'sermons' and 'burials'?

News on BBC radio is sometimes very good indeed

I didn’t get to see any television news last night but did listen to The World Tonight on BBC Radio 4 while having a bath.

I hadn't heard it for a while, and had forgotten what a very good a news programme it is and was impressed by how much more I learnt about what's going on in Iran than I have from all the television pictures of John Simpson wandering about the streets of Tehran, interspersed with poor quality mobile phone footage.

There were no needlessly adversarial interviews as featured daily on the Today programme - and, better still, I somehow managed to understand every word without having to watch a single slideshow from the likes of Nick Robinson, Robert Peston and all the other death from PowerPoint merchants who now dominate BBC Television News programmes.