sorry, I wasn't really clear enough. High income earners usually have enough sense to see their accountant BEFORE the end of the tax year.
Usually the accountant would fail to mention that he was picking up a handy 10 to 12% commission for providing this particular silver bullet. Some accountants were earning more from MIS commission than from doing the actual accounting !
Re TII, I completely agree with Portfolio Plus, who in their right mind would write that an investment was worthwhile on the basis that the returns were "high enough to justify the risk and hassle of going through receivership".
Holy dooley!! There are great investment options out there right now that have almost no risk of going into recievorship PLUS decent yields. The banks for example ?
TIM Price at posting:
17.5¢ Sentiment: LT Sell Disclosure: Not Held
