Five Reasons Why You Should Work For the Travel and Tourism Industry |

The travel and tourism industry is a massive global industry that caters for the needs of those who have to travel away from home in terms of providing facilities and services like hotel accommodation, air and road transport. Close to a billion people are involved in international travel in this industry which generates billions of dollars every year. Sometimes making a decision on which industry to work for can be quite hard given the many options available today across the globe. Below are five reasons why you should consider working in the travel and tourism industry.

1. There are lots of work opportunities. The travel and tourism industry has a lot of opportunities employment for those seeking employment. You can work in the aviation sector, road, rail and water transport, accommodation providers like hotels and lodges, leisure and business travel agents and tour guides. It is now also possible to work from home thanks to technology which is convenient for some people like mums who have a child or children and do not want to be far away from home.

2. The perks are good. The travel industry provides rewards that not many other industries do. For example those working in the airline industry can get free tickets for themselves and immediate family members to fly to any destination that the airline they work for flies to. Those who work as travel agents can get reduced travel fares and even pay reduced accommodation rates. Then there are the familiarization trips that those who work in the industry have the opportunity to take. Just think of an all expenses paid trip to places like the Seychelles, France, the Kenyan coast of Mombasa to name just a few.

3. It is a growing industry. In spite of the recent downturn because of the threat of terrorism and the world recession, travel industry players are optimistic about its growth. In good times and bad times people always get the urge to move. And with more and more places becoming accessible because of air travel and with both air travel and hotel rates coming down in order to accommodate peoples pocket there is reason to believe that the travel industry will continue to grow and more markets will be reached which is good news for service providers. Furthermore technology like the internet has made it possible to access markets anywhere in the world, at any time of the day.

4. It is never boring. Working in the industry almost means that you will meet new people from time to time. This is especially true for those who work as frontline staff in travel agencies, airline offices or hotels. Those who work in the airline industry as flight attendants have the opportunity to travel to different parts of the world, visit different towns and cities and see and experience different cultures. That can never be a boring job.

5. You do not need years of studying to work in the industry. You may love a certain profession but because of the years of studying involved in learning it you may be discouraged from joining it. Not so with the travel and tourism industry. Three to six months may be enough depending on what qualification you are studying for to get you started working for this exciting industry. Some people because of their love for the work and experience gained in certain areas of the industry have even started working and studied for the paper qualifications later.

Let Your Home Based Business Help With Your Taxes |

Having a home-based business makes some very significant tax advantages available to you. Every year, many home business owners start worrying about how they’re going to file their taxes, or they start rummaging through everything trying to find the receipts and information they need to take to their tax accountant. Some are worried about being audited by the IRS and are afraid that their home based business will be a red flag to get audited. But the truth is only 5% of taxpayers actually get audited, and if you are one of the chosen few good records will be a lifesaver for you.

Here are a few ideas of expenses you can claim towards your taxes. (Note: I am not a tax expert and make no such claims. Please be sure to consult with your own tax professional as to how these will affect you).

1. Your vehicle: This is the most common write-off and most people know to claim it. If you use your vehicle to meet a client, that counts as a business expense. But keep in mind that you can also claim the expense of driving to the Post Office for stamps or to your local office supply store, even if you’re running errands at the same time. You can choose to keep track of all your expenses such as gas, insurance, auto maintenance, etc., and writing all that off, or you can keep track of your mileage in instead. The mileage is easier, but you’ll need to find what works for you. Be sure to keep good records. If you’re using mileage, purchase a little mileage fog from your office supply store and keep it in your visor or glove compartment. Make it a point to log your mileage every time you get into the car and keep track of any mileage that relates to your business. This is worth a lot to you at tax-time.

2. Office Supplies: This is a given. If you use ink in your printer, or paper to print on, or even pens & pencils for your business; these are all tax-deductible. Be sure to keep every receipt.

3. Rent & Utilities: If you rent an office space, you can deduct all your rent and utilities, even internet if it’s being used for your business. If you work from home you can write off a portion of your home expenses, including your mortgage payment or rent and utilities. This true if you’re using your garage, a separate room, or even a corner of your living room. To figure out how much you can write off, you have to determine the total square footage of your home. Then figure out how much area your home office space takes up. So, if your office space takes up 10% of your total home area and you pay $1000.00 a month for rent or mortgage, you are allowed to claim $100 a month for your office space as a business deduction. That amounts to $1200.00 a year!

4. Travel, Entertainment and Gifts: Good news, small-business travelers. You might as well stay in a nice hotel, because the entire cost is tax deductible. Also the cost of travel – plane, train, boat or automobile – is 100 percent deductible, as well as the costs associated with travelling such as car rentals, tips for the bellboy or luggage handlers, etc. The only exception is eating out. You can only deduct 50 percent of your meals while traveling – unless you are entertaining a client to discuss business.

5. Insurance Premiums: If you are self-employed and paying for your own health insurance, in most cases this can be deducted as well. Of course all insurance premiums for your business such as liability insurance are always deductible.

6. Telephone Charges: When you receive your phone bill, circle all charges that were business related and those can be deducted. Because it is assumed that you have a home phone, regular charges & fees are not tax deductible, but if you have a second line for business all expenses are tax deductible.

7. Web Expenses: If you own a website, that will include the costs of web hosting, site development and maintenance, and owning your domain name.

Of course, these are only a few of the expenses that you can claim. The most important piece of advice I can give you is to keep good records. If you keep track daily or weekly as the charges are incurred life will be a breeze at tax time. Be sure to check with your tax professional to ensure that you are taking all the deductions available to you.