Chancellor Philip Hammond’s first, and last, Spring Budget was delivered at a pivotal moment for the UK as it readies itself to begin the process of leaving the EU. The Chancellor will announce a second Budget in the Autumn as the Treasury changes to the new financial cycle from 2018.
To help you understand the Budget announcement, we have published our comprehensive presentation slides from our Budget events.
What does the budget means for you and your clients and, importantly, any tax planning opportunities for high net worth individuals and business owners.
Most observers do not believe that further curbs on public spending can reduce our debts to an acceptable level, thus suggesting that George will have to increase taxes in a way that will not hurt the average citizen. It also suggests that hopes of reforms that reduce tax yields are likely to prove unrealistic. In particular, an increase in the IHT limit (other than the promised limited relief for family homes) seems unlikely. We also expect further pain for non-doms and tax avoiders. We think that some tax relief for small businesses is likely, but as such businesses create scope for tax evasion and avoidance, we are sceptical as to how helpful these are likely to be in practice.
On Wednesday 16 March the Chancellor of the Exchequer, George Osborne, will deliver his second coalition-free budget speech setting out the Government's plans for the economy based on the latest forecasts from the Office for Budget Responsibility as well as any proposals for changes to taxation.
There is little doubt that the Chancellor will continue on his path of austerity, particularly in driving down Government overheads and closing tax avoidance loopholes to fulfil his aim of eliminating the deficit by the end of the decade, but there are challenges ahead. The extended honeymoon of close to zero inflation will end during 2016 and as the rate of inflation rises, the Bank of England Monetary Policy Committee is likely to follow suit by raising interest rates and businesses will need to factor this in when planning ahead.
Our tax partners and consultants will be analysing the measures taken in the Budget and we will be presenting our analysis and commentaries.
The new Tax reform in Latvia will come into force from January 1, 2018 and will impact both - individual and corporate tax payers in Latvia. The social tax rate will increase by 1%. Maximum turnover for all micro-enterprises is decreased to EUR 40,000.
Chancellor Philip Hammond’s first, and last, Spring Budget was delivered at a pivotal moment for the UK as it readies itself to begin the process of leaving the EU. The Chancellor will announce a second Budget in the Autumn as the Treasury changes to the new financial cycle from 2018.
To help you understand the Budget announcement, we have published our comprehensive presentation slides from our Budget events.
What does the budget means for you and your clients and, importantly, any tax planning opportunities for high net worth individuals and business owners.
Most observers do not believe that further curbs on public spending can reduce our debts to an acceptable level, thus suggesting that George will have to increase taxes in a way that will not hurt the average citizen. It also suggests that hopes of reforms that reduce tax yields are likely to prove unrealistic. In particular, an increase in the IHT limit (other than the promised limited relief for family homes) seems unlikely. We also expect further pain for non-doms and tax avoiders. We think that some tax relief for small businesses is likely, but as such businesses create scope for tax evasion and avoidance, we are sceptical as to how helpful these are likely to be in practice.
On Wednesday 16 March the Chancellor of the Exchequer, George Osborne, will deliver his second coalition-free budget speech setting out the Government's plans for the economy based on the latest forecasts from the Office for Budget Responsibility as well as any proposals for changes to taxation.
There is little doubt that the Chancellor will continue on his path of austerity, particularly in driving down Government overheads and closing tax avoidance loopholes to fulfil his aim of eliminating the deficit by the end of the decade, but there are challenges ahead. The extended honeymoon of close to zero inflation will end during 2016 and as the rate of inflation rises, the Bank of England Monetary Policy Committee is likely to follow suit by raising interest rates and businesses will need to factor this in when planning ahead.
Our tax partners and consultants will be analysing the measures taken in the Budget and we will be presenting our analysis and commentaries.
The new Tax reform in Latvia will come into force from January 1, 2018 and will impact both - individual and corporate tax payers in Latvia. The social tax rate will increase by 1%. Maximum turnover for all micro-enterprises is decreased to EUR 40,000.
Summary of the 2019 Budget, a wee breakdown of the details - so that you can cut through the waffle out there, and clearly see how the new budget announcements may affect you.
Stephen M. Cordi from the Office of the Chief Financial Officer gives entrepreneurs tips on new tax regulations at the Washington, DC Economic Partnership's Entrepreneur Road Map seminar (4/16/14).
Workplace pension law has changed. Every employer has new legal duties to help their workers in the UK save for retirement. As an employer you must automatically enrol eligible workers into a qualifying pension scheme and make contributions towards it.
The largest employers have already gone through this process and increasing numbers of employers are affected by the legislation each month. At the peak in late summer 2017, around 135,000 employers are due to reach their compliance (staging) date every single month.
The duties required of each employer do not finish with this staging date. Continuous assessments, communications and record keeping have to be carried out every time you pay your workforce and make their pension contributions. The Pensions Regulator has introduced stringent penalties for failure to comply with the 30+ new Auto Enrolment duties introduced by the Government.
Presentation given at the McInerney Saunders Annual Networking Event 2011.
Read the blog post here:
http://www.mcinerneysaunders.ie/blog/budget-2012-event/
On Wednesday 23 November, the Chancellor of the Exchequer, Philip Hammond, will deliver the first Autumn Statement since the Brexit vote. He will set out the Government's taxation and spending plans based on the economic projections provided by the Office for Budget Responsibility (OBR).
Challenges Facing The Private Rental Sector: Carolyn Uphill, National Landlor...Portico Property
Carolyn Uphill, Chairmain of the NLA (National Landlord Association) discusses challenges facing the private rental sector at the NLA & Portico landlord seminar.
The launch of Smart Rent Wales leaves England as the only remaining country without a national landlord register. Labour’s new leader, Jeremy Corbyn, has put longer tenancies, rent control, land taxes and social housing back on the agenda. Meanwhile George Osborne has unexpectedly introduced punitive tax changes. Has the PRS peaked in the face of public criticism and will we ever succeed in persuading politicians to recognise and champion the important work that landlords do?
This webinar will provide you with all of the information you need to know in order to understand and implement the changes made by the Tax Cut and Jobs Act, signed into law in December of 2017. McKonly & Asbury presenters, Mark Heath – Partner, and Charlie Eisenhart – Manager, will be covering corporate tax reform including rate changes, new depreciation rules, and limitations on deductions; flow-through tax reform with a special focus on the new 199A deduction; as well as the changes affecting individuals, including new rate brackets and limits on itemized deductions.
A presentation by the accounting firm of Dyke Yaxley LLC on the 2013 UK Budget given to the British American Chamber of Commerce Ohio in March 2013.
Reproduced and published by kind permission of Dyke Yaxley LLC
For more information, please visit www.baccohio.org
Your Taxes: Top 10 Things to Know & Tax Filing Tips and TrapsModernAdvisor
Faizal Valli is an independent tax advisor with 13 years experience in tax planning. He has previously worked with small accounting firms as well as an international tax firm and a boutique practice in taxes over a wide variety of experience.
In this presentation, we discuss the top 10 changes introduced in the federal budget which was presented on Tuesday, March 22nd. We review what you need to know about these tax changes that will affect you in 2016 and going forward. Next we’ll switch gears and talk about some tax tips and traps to be aware of for the 2015 filing season as well as generally.
Regulatory Round-Up: Richard Blanco, National Landlord Association Portico Property
A regulatory round-up at the NLA & Portico landlord seminar, from Richard Blanco, the London Representative of the NLA (National Landlord Association).
If you're feeling taxed, regulated, capped and licensed from all angles, never fear your NLA London Representative will take you seamlessly through all the latest changes from landlord immigration checks and five year prison sentences to the more sublime deposit protection and section 21 changes, EPCs and smoke alarms.
Indirect Taxes content slideshow Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics
Intro to Indirect Taxes
Reasons for Indirect Taxes
The Incidence of a Tax: Who pays it?
Limitations of Indirect Taxes
Weinberger Law Group Seminar: Divorce 101
- Live seminar recorded on YouTube: http://youtu.be/8uJjOnZmGxg
- Find important and invaluable information for starting the divorce process in New Jersey along with what to expect in this seminar given by Bari Zell Weinberger of Weinberger Law Group.
For more information on Divorce or other Family Law issues visit: http://www.WeinbergerLawGroup.com
Summary of the 2019 Budget, a wee breakdown of the details - so that you can cut through the waffle out there, and clearly see how the new budget announcements may affect you.
Stephen M. Cordi from the Office of the Chief Financial Officer gives entrepreneurs tips on new tax regulations at the Washington, DC Economic Partnership's Entrepreneur Road Map seminar (4/16/14).
Workplace pension law has changed. Every employer has new legal duties to help their workers in the UK save for retirement. As an employer you must automatically enrol eligible workers into a qualifying pension scheme and make contributions towards it.
The largest employers have already gone through this process and increasing numbers of employers are affected by the legislation each month. At the peak in late summer 2017, around 135,000 employers are due to reach their compliance (staging) date every single month.
The duties required of each employer do not finish with this staging date. Continuous assessments, communications and record keeping have to be carried out every time you pay your workforce and make their pension contributions. The Pensions Regulator has introduced stringent penalties for failure to comply with the 30+ new Auto Enrolment duties introduced by the Government.
Presentation given at the McInerney Saunders Annual Networking Event 2011.
Read the blog post here:
http://www.mcinerneysaunders.ie/blog/budget-2012-event/
On Wednesday 23 November, the Chancellor of the Exchequer, Philip Hammond, will deliver the first Autumn Statement since the Brexit vote. He will set out the Government's taxation and spending plans based on the economic projections provided by the Office for Budget Responsibility (OBR).
Challenges Facing The Private Rental Sector: Carolyn Uphill, National Landlor...Portico Property
Carolyn Uphill, Chairmain of the NLA (National Landlord Association) discusses challenges facing the private rental sector at the NLA & Portico landlord seminar.
The launch of Smart Rent Wales leaves England as the only remaining country without a national landlord register. Labour’s new leader, Jeremy Corbyn, has put longer tenancies, rent control, land taxes and social housing back on the agenda. Meanwhile George Osborne has unexpectedly introduced punitive tax changes. Has the PRS peaked in the face of public criticism and will we ever succeed in persuading politicians to recognise and champion the important work that landlords do?
This webinar will provide you with all of the information you need to know in order to understand and implement the changes made by the Tax Cut and Jobs Act, signed into law in December of 2017. McKonly & Asbury presenters, Mark Heath – Partner, and Charlie Eisenhart – Manager, will be covering corporate tax reform including rate changes, new depreciation rules, and limitations on deductions; flow-through tax reform with a special focus on the new 199A deduction; as well as the changes affecting individuals, including new rate brackets and limits on itemized deductions.
A presentation by the accounting firm of Dyke Yaxley LLC on the 2013 UK Budget given to the British American Chamber of Commerce Ohio in March 2013.
Reproduced and published by kind permission of Dyke Yaxley LLC
For more information, please visit www.baccohio.org
Your Taxes: Top 10 Things to Know & Tax Filing Tips and TrapsModernAdvisor
Faizal Valli is an independent tax advisor with 13 years experience in tax planning. He has previously worked with small accounting firms as well as an international tax firm and a boutique practice in taxes over a wide variety of experience.
In this presentation, we discuss the top 10 changes introduced in the federal budget which was presented on Tuesday, March 22nd. We review what you need to know about these tax changes that will affect you in 2016 and going forward. Next we’ll switch gears and talk about some tax tips and traps to be aware of for the 2015 filing season as well as generally.
Regulatory Round-Up: Richard Blanco, National Landlord Association Portico Property
A regulatory round-up at the NLA & Portico landlord seminar, from Richard Blanco, the London Representative of the NLA (National Landlord Association).
If you're feeling taxed, regulated, capped and licensed from all angles, never fear your NLA London Representative will take you seamlessly through all the latest changes from landlord immigration checks and five year prison sentences to the more sublime deposit protection and section 21 changes, EPCs and smoke alarms.
Indirect Taxes content slideshow Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics
Intro to Indirect Taxes
Reasons for Indirect Taxes
The Incidence of a Tax: Who pays it?
Limitations of Indirect Taxes
Weinberger Law Group Seminar: Divorce 101
- Live seminar recorded on YouTube: http://youtu.be/8uJjOnZmGxg
- Find important and invaluable information for starting the divorce process in New Jersey along with what to expect in this seminar given by Bari Zell Weinberger of Weinberger Law Group.
For more information on Divorce or other Family Law issues visit: http://www.WeinbergerLawGroup.com
The Verdict: Social media in the legal sectorFTI Consulting
Welcome to The Verdict, FTI Consulting’s inaugural study into the way that corporate law firms engage on social media. Using the proprietary model developed by FTI Consulting's Digital team we have analysed the social media performance of the UK Top 30 firms.
The report provides a ‘League’ table of the best performing firms on social media, covering three categories:
• Presence – followers and output (e.g. Tweets and Posts)
• Impact – levels of engagement from the social media output
• Quality – use of imagery or hashtags
Click on the link below to read the full report and see which firms are leading the way in social media. The report also features interviews with Heads of Communications at Allen & Overy, Baker & McKenzie and Eversheds.
Do you wonder whats so special about world's best presentations? What makes them unique from rest?
Secrets/lessons of world's best presentations - This presentation summarizes what I thought were top 10 unique qualities or secrets of world's best presentations. Would love to hear your feedback.
Download a full version of the report at:
www.psfk.com/report/future-of-work-2016/
The PSFK Future of Work Report deep dives into the talent and development landscape to identify the conditions and qualities that cultivate tomorrow’s leaders in the workplace. In return for investing in greater opportunity and education, employers will reap the rewards of increased efficiency, engagement and entrepreneurship—reducing mistrust, stress and ultimately turnover across teams.
Additionally, PSFK has developed six workplace visions that were inspired by 10 strategies to develop a new era of internal leadership. These boundary-pushing product and workplace concepts reimagine how teams can onboard employees, expand the office, and prevent miscommunication.
The Chinese market is an obvious source of inspiration, talent, and opportunity for Australian businesses. But tackling such a complex market needs considerable context, insight, and cultural understanding.
At ThoughtWorks Live Australia 2016, Angela Ferguson and Hu Kai shared stories and learnings around the level of upfront preparation, commitment, and assessment needed to ensure the best chance of success in the Chinese market.
10 Best Practices of a Best Company to Work ForO.C. Tanner
What does it take to be named a Best Company to Work for by FORTUNE magazine? For starters, a winning culture, collaboration, and creating an environment for learning and growth. Take a look at these slides for more ideas!
The State of Sales & Marketing at the 50 Fastest-Growing B2B CompaniesMattermark
There’s a lot of information out there for sales and marketing professionals. In fact, as our friend Erik Devaney at Drift.com points out, a quick search of the term “sales and marketing advice” yields more than 90 million results on Google.
What’s more, there are tons of industry influencers who, on a regular basis, share their views on everything from content marketing and sales, to pricing and customer success. It’s a noisy conversation, and for many, a confusing one.
So, how do you make sense of it all?
By focusing on the sales and marketing efforts that actually produce results, not flash-in-the-pan engagement. But finding those results is a little challenging. That’s why we decided to put together our latest report with Drift.com, The State of Sales and Marketing at the 50 Fastest-Growing B2B Companies.
Using Mattermark data, we were able to identify the fifty high-growth companies in the U.S. and evaluate their marketing activities to understand which practices really moved the needle. In order to make the qualitative portion of our research more tangible, we evaluated each company on the list in light of how they approached content, customer communication, path to purchase, and pricing.
What we and the team at Drift.com discovered was surprising, to say the least.
What does the future look like? Is it a dark space where we’re suffering from varying degrees of techamphetamine or are we heading towards a Utopian fantasy of abundance and harmony?
Understanding that our basic human needs and wants barely change, we explore the future state of a range of topics; from our need for physical sustenance through to our age-long fascination of transcending the limitations of our biology.
Looking at the future from a human perspective, our potential for greatness is teetering on a fine line between darkness and hope. We’re banking on the latter.
An immersive workshop at General Assembly, SF. I typically teach this workshop at General Assembly, San Francisco. To see a list of my upcoming classes, visit https://generalassemb.ly/instructors/seth-familian/4813
I also teach this workshop as a private lunch-and-learn or half-day immersive session for corporate clients. To learn more about pricing and availability, please contact me at http://familian1.com
The passage of the Tax Cuts and Jobs Act will have widespread and long lasting implications throughout the country and will change how most taxpayers will prepare their tax returns. Citrin Cooperman recently hosted a seminar in Philadelphia to provide insight on where we are now, how we plan to move forward, and how the new law will impact your overall business and tax strategies. Join us to get answers to questions in the following areas:
Corporate and Businesses
Pass-Through Entities
International Issues
Individuals
Our Spring Tax Updates will be taking place across the region in March 2018.
The update will include the following:
• Comment on the latest legislative changes
• Provide practical advice
• Help to prepare for the end of the tax year
• Give thoughts on the current tax policy
Our Spring Tax Updates will be taking place across the region in March 2018.
The update will include the following:
• Comment on the latest legislative changes
• Provide practical advice
• Help to prepare for the end of the tax year
• Give thoughts on the current tax policy
Our Spring Tax Updates will be taking place across the region in March 2018.
The update will include the following:
• Comment on the latest legislative changes
• Provide practical advice
• Help to prepare for the end of the tax year
• Give thoughts on the current tax policy
Business taxation in Croatia (Copyright Natasa Zunic Kovacevic)University of Ferrara
Business taxation in Croatia attracting foreign investments in post accession era. Presentation delivered at the University of Ferrara, Rovigo campus, on January 27th 2017. All rights reserved by the author.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
How to Obtain Permanent Residency in the NetherlandsBridgeWest.eu
You can rely on our assistance if you are ready to apply for permanent residency. Find out more at: https://immigration-netherlands.com/obtain-a-permanent-residence-permit-in-the-netherlands/.
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxanvithaav
These slides helps the student of international law to understand what is the nature of international law? and how international law was originated and developed?.
The slides was well structured along with the highlighted points for better understanding .
Responsibilities of the office bearers while registering multi-state cooperat...Finlaw Consultancy Pvt Ltd
Introduction-
The process of register multi-state cooperative society in India is governed by the Multi-State Co-operative Societies Act, 2002. This process requires the office bearers to undertake several crucial responsibilities to ensure compliance with legal and regulatory frameworks. The key office bearers typically include the President, Secretary, and Treasurer, along with other elected members of the managing committee. Their responsibilities encompass administrative, legal, and financial duties essential for the successful registration and operation of the society.
ALL EYES ON RAFAH BUT WHY Explain more.pdf46adnanshahzad
All eyes on Rafah: But why?. The Rafah border crossing, a crucial point between Egypt and the Gaza Strip, often finds itself at the center of global attention. As we explore the significance of Rafah, we’ll uncover why all eyes are on Rafah and the complexities surrounding this pivotal region.
INTRODUCTION
What makes Rafah so significant that it captures global attention? The phrase ‘All eyes are on Rafah’ resonates not just with those in the region but with people worldwide who recognize its strategic, humanitarian, and political importance. In this guide, we will delve into the factors that make Rafah a focal point for international interest, examining its historical context, humanitarian challenges, and political dimensions.
A "File Trademark" is a legal term referring to the registration of a unique symbol, logo, or name used to identify and distinguish products or services. This process provides legal protection, granting exclusive rights to the trademark owner, and helps prevent unauthorized use by competitors.
Visit Now: https://www.tumblr.com/trademark-quick/751620857551634432/ensure-legal-protection-file-your-trademark-with?source=share
2. New Tax Law
• Since the very first day of 2015 the new tax law will be
applied in Spain.
• The last approved reform changes many aspects of the
law regarding:
• Personal income tax
• House renting or selling
• Indemnities for firing and patrimonial earnings
• Savings and pension plans
• Donations and sponsorship
• Corporate tax
• VAT
• Other
3. Personal Income Tax
• Minimum: 20% in 2015, 19% in 2016.
• Maximum: 47% in 2015, 45% in 2016.
• Tax exemption for incomes under 12.000€ per year.
• Freelancers retention will change from 21% to 19% in
2015 and 18% in 2016.
• Grants from financial institutions will not pay taxes.
4. House Renting or Selling
• Tenants will not have any tax reduction.
• Lessors will have a 60% tax reduction regardless of the age of
the tenant.
• Dation in payment will not generate taxes.
• Patrimonial earnings from properties bought before 1994 will
pay a tax of the 11,11% when they are less than 400.000€.
• When a person sells his first home in order to buy another one,
there is a tax exemption.
5. Indemnities for Firing and Patrimonial Earnings
• People over 65 will not pay taxes for their patrimonial
earnings under 240.000€ if they are reinvested in a life
annuity.
• Indemnities for firing are exempt from taxes up to
180.000€.
• Investors will pay taxes for all their earnings.
6. Savings and Pension Plans
• There is a tax reduction for savings:
• Up to 6.000€ - 20% in 2015, 19% in 2016
• From 6.001€ to 50.000€ - 22% in 2015, 21% in 2016
• From 50.001€ on - 27%
• Reductions for contributions to pension plans are lower
and they will only be applied to 8.000€.
• It will be mandatory to maintain for 5 years an individual
saving plan, instead of 10 years.
7. Donations and Sponsorships
• The tax reduction for donations grows up to 30%, if it is
done during 3 years or more the reduction will be of 35%.
• When donations are less than 150€, the redution is 75%.
• Donations to companies of social utility will have a tax
reduction of 10%.
8. Corporate Tax
• Nominal interest rate will go down from 30% to 28% in
2015 and to 25% in 2016.
• New reductions for:
• I+D investment
• Companies which updated their balance in 2012
• Performing acts and musical companies
• 15% deduction for foreign shootings
• Reductions which desappear:
• Reinvested extraordinary earnings
• Accounting damage
9. VAT
• VAT will not be changed in general, but some sectors will
suffer some modifications.
• Flowers and plants: 10% instead of 21%.
• VAT exention:
• School meals
• Radios and Televisions of the autonomous communities.
10. Other
• Inheritance and patrimony taxes are equal for residents
and no residents.
• Those companys that need a continuous use of electricity
have a 85% reduction in the electricity tax.
11. More information
• This is only a summary of the changes that the tax law will
suffer in Spain next year.
• For specific situations and deeper information, you can
trust in the knowledge of Bressers Law.