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On the subject of stings, the BIS (Business Inactivity Statement) is due tomorrow. Every few months, this involves our fabulous accountant visiting me at Bloodwood, tapping a few keys and extracting tens of thousands of dollars from our bank account as our contribution to society. Now we believe we should all pay our fair share of tax to support our society but it is interesting to report that when we first got into this wine caper, the tax on wine was 0% and we still couldn’t get a loan from any bank to support our enterprise. When taxation on today’s cellar door retail price can account for up to 41.9% of the total, I don’t know how anybody with any self respect would bother starting a winery these days. But if you would like to help those less fortunate than yourself and turn our BIS into a BAS, you know what to do.
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