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Role of Entertainment in Life!
Today life is full of stress and anxiety and especially in metropolitan cities situation is the worst. Everyone is busy with his life, no time for family and himself even. Every person is running behind his hectic schedule. Life become so fast but still no time to relax for 5 minute and release the stress. No need to explain, you can easily analyze when you are in hurry to reach the office thinking of some of your personal tensions and then the whole day hectic schedule. Entertainment can add salt in this discomfort and distasteful life. It is the way of entertainment which keeps the life going. Else life becomes very dull and boring. Entertainment gives the life its charm and energy. If entertainment is removed from life then there will be a blank left behind. To fill this blank we need moments of entertainment in life. And some of these special moments become memories of future.
Entertainment can be of any type depending on one’s choice and likes. There are so many electronic gadgets available to give entertaining moments to minds like the most common is T.V. and music systems. A tired person after coming back from office, if got a 15 minute time to watch its favorite show then that time is enough to relax his tiring mind. This small time period of entertainment can give a smile and a soothing effect to his mind.
Music is a great way to relive the day to day stress and is also used for therapeutic purposes. Almost every person is interested in any kind of music. Even researches have proved that music’s ubiquity and portability has made it the number one stress buster. It is a matter of fact that everyone on this earth has an inclination towards listening good quality music. The passion for music differs as per genre whereby youngsters mostly love fast and groovy numbers. People of the older times love classical music whereas kids like rhymes and children music. Not only this, many are attracted to listen natural sounds such as chirping of birds, water falling from the mountains and religious chants.
When a person sits down with his eyes closed to listen his favorite music, the heart beat goes balanced and mind got relaxed. Music tunes the soul and renews the body.
Playing music also relaxes the mind and slows down the tension. Interested people find pleasure in playing his favorite instrument. A piano or a guitar strings can give immense pleasure to a stressed mind.
Other than music, reading is one of the good sources of entertainment. People who love reading can go for good source of stuff to read. It can help relieve stress and definitely reenergize the mind. Reading is a very good habit. It not only helps to gain knowledge but creates good vocabulary and helps to have a better look of the outside world.
Going out for picnic, chatting with family members or friends, dancing, singing etc. can give pleasure to a tired and sick mind. These simple ways lift up the mood and can buzz the day and put the life at an ease.
In short, any sort of entertainment should be there in life to remove the boredom of life and to make the life dynamic and exciting always.
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Training for Success With Your Internet Business, Article 5, Entertainment Costs
A wined and dined client is a loyal one, and a prospective customer wooed with food is likely to express his gratitude by placing an order. Because of its proven profit potential, business entertainment has long been tax deductible.
You don’t have to conduct business with a waitress hovering in the background, however. The cost of entertaining in your home is equally deductible, but a few conditions apply:
You must have a business purpose for getting together. But if your clients are also friends, you don’t have to treat them like strangers. You can engage in small talk and exchange pleasantries as well as discuss business.
Food and drink must be served in an atmosphere conducive to a business discussion. There should be no distractions. A party would hardly qualify. Neither would a meeting in the family room with the television on and the children whizzing paper airplanes.
Limit the gathering to business guests. This is not a hard-and-fast rule, but entertaining a group that includes non business guests raises the presumption that the primary character of the entertainment was not business, but a ripping good time.
Before you hunt for the punch bowl, there is one limitation you should be aware of. In many tax jurisdictions only 50% of business meals and entertainment is usually deductible. So you may want to skip the champagne and caviar.
Because a home is an informal setting, the Tax authorities tend to be sceptical about the business nature of home entertaining. To back up your reasons for the deductions, be sure to buy food and drink you intend to serve to business guests separately from other groceries.
Keep the supermarket receipt, and write the following five required items of information on it:
the date;
the place;
the amount spent;
the name of the person(s) entertained (use last names);
the business purpose of the entertainment or any business benefit gained.
You may also want to have business guests sign a guest book.
If you set aside a certain area of your home exclusively for entertaining clients or prospective clients, you may include that floor space in your home office calculation.
Note: Taxation legislation differs between countries and each country may change their rules at any time. The information provided in these newsletters is accurate at time of publication. You should however seek specific information from your Tax Advisor or Taxation Department as it relates to your own situation each year that you are required to provide Income and Expense Statements.
Other topics in this series are as follows:
Number 1, Record Keeping,
Number 2, General Expenses,
Number 3, Purchase of Goods for Resale,
Number 4, Deductions for use of Home,
Number 6, Motor Vehicle Expenses,
Number 7, Depreciation Costs,
Number 8, Business Meals,
Number 9, Salary Payments to Children,
Number 10, Travel Expenses,
Number 11, Demonstrators Samples & Promotional Tools,
Number 12, Gifts,
Number 13, Here Comes the Tax Man,
Number 14, Capital Items,
John Ritchie, A.I.B., A.I.C.B, F.I.C.B, email:brlynt@gmail.com
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