If you are on a low income or unemployed, you may be wondering what options you have to make ends meet while you are looking for a job. The UK government offers Universal Credit to those who meet their criteria. Here’s everything you need to know about Universal Credit, including how to work out if you are eligible, how much you will get and your responsibilities.
This is a real basic presentations about the application of an Irrevocable Life Insurance Trust to estate planning. If you would like a copy of the slides with my in depth audio presentation, please email me at wardwilsey@wilseylaw.com
Using Life Insurance in Zero Tax Estate Planningwardwilsey
This presentation describes the uses of life insurance in estate plans designed to eliminate the estate tax. For a version with audio as well, please email me at wardwilsey@wilseylaw.com
This is a real basic presentations about the application of an Irrevocable Life Insurance Trust to estate planning. If you would like a copy of the slides with my in depth audio presentation, please email me at wardwilsey@wilseylaw.com
Using Life Insurance in Zero Tax Estate Planningwardwilsey
This presentation describes the uses of life insurance in estate plans designed to eliminate the estate tax. For a version with audio as well, please email me at wardwilsey@wilseylaw.com
Sam Henderson The Business Journey_Nov2014Martin Jack
Protecting your Company’s Legacy
Sam Henderson ,Chartered Financial Planner and MD of Henderson Stone & Co ltd will present some thoughts on:
Protecting the Key Asset in your business
Loans and Personal Guarantees protection.
The Company “Will”
Important Things to Know About Long Term Care (LTC) InsurancePravesh Vasudeva
Long Term Care (LTC) insurance isn't just for seniors. You may become unable to care for yourself for 90 days or more at any point in your life. Long term care insurance can cover some of the costs of a care facility or a caregiver in your own home following an accident or illness. Here's everything you need to know about LTC Insurance.
Fight identity theft by keeping your personal documents personal. Learn what to shred, when to shred it, and what to keep as you prepare your shred pile.
The Best Way to Buy Sell or Replace Life Insurancefreddysaamy
http://ekinsurance.com/pennsylvania-life-insurance/
Traditionally, life insurance is purchased during your working years to replace your income for your family in case you died. But if you are retired, do you still need life insurance?
Have you factored Social Security benefits into your overall retirement strategy? Roy Kramer, CPA, CDFA, CDS, NSSA, a certified National Social Security Advisor and member, tax services at Brown Smith Wallace, discusses strategies that people often overlook when claiming Social Security benefits.
Most people look at the benefits they would receive today when making their decision about when to begin receiving their Social Security. They also underestimate how long they may live unless they already have medical issues that are known to reduce longevity.
These two impulses cause many couples to begin their benefits too early which has an adverse effect for survivor income. When one person dies, the lowest benefit “goes away” and the highest benefit “remains.”
The article below explains how that works with a couple and their Social Security benefits at various ages.
Sam Henderson The Business Journey_Nov2014Martin Jack
Protecting your Company’s Legacy
Sam Henderson ,Chartered Financial Planner and MD of Henderson Stone & Co ltd will present some thoughts on:
Protecting the Key Asset in your business
Loans and Personal Guarantees protection.
The Company “Will”
Important Things to Know About Long Term Care (LTC) InsurancePravesh Vasudeva
Long Term Care (LTC) insurance isn't just for seniors. You may become unable to care for yourself for 90 days or more at any point in your life. Long term care insurance can cover some of the costs of a care facility or a caregiver in your own home following an accident or illness. Here's everything you need to know about LTC Insurance.
Fight identity theft by keeping your personal documents personal. Learn what to shred, when to shred it, and what to keep as you prepare your shred pile.
The Best Way to Buy Sell or Replace Life Insurancefreddysaamy
http://ekinsurance.com/pennsylvania-life-insurance/
Traditionally, life insurance is purchased during your working years to replace your income for your family in case you died. But if you are retired, do you still need life insurance?
Have you factored Social Security benefits into your overall retirement strategy? Roy Kramer, CPA, CDFA, CDS, NSSA, a certified National Social Security Advisor and member, tax services at Brown Smith Wallace, discusses strategies that people often overlook when claiming Social Security benefits.
Most people look at the benefits they would receive today when making their decision about when to begin receiving their Social Security. They also underestimate how long they may live unless they already have medical issues that are known to reduce longevity.
These two impulses cause many couples to begin their benefits too early which has an adverse effect for survivor income. When one person dies, the lowest benefit “goes away” and the highest benefit “remains.”
The article below explains how that works with a couple and their Social Security benefits at various ages.
Understanding Child Care Vouchers with Green & Peter...
Child care vouchers are vouches from your employer that can save many parents with children aged up to 15 over £1,000 a year on childcare.
Creating and maintaining the right investment strategy plays a vital role in securing your financial future. But we live in the era of the 24-hour news cycle, and ‘bad news sells’. The investment world can be unpredictable and investors currently have plenty of bad news to process, with a plethora of events making the daily and even hourly news headlines - from the US - China trade conflict and oil price volatility, to Britain’s exit from the European Union. We consider why it’s important to stay positive and focus on your investment goals. For more information visit https://www.tudorfranklin.co.uk
Financial Wellbeing: Saving for goals, financial independence and your wellb...NHS Horizons
- Getting into the savings habit and why it pays to save regularly
- Saving for emergencies and putting the rest where it can work
harder for you
- Top tips for choosing a savings account
- Help to Save if you’re on a low income
- Credit Unions and saving
- What are investments?
The Policy Team at Nottingham City Council has created this information booklet to help advisors, agencies and citizens understand the changes to welfare coming from April 2016 and beyond.
This is a presentation for Blue Edge Financial Planning for a post on their Facebook page.
It is their Spring newsletter.
You can follow them on Facebook at:
http://www.facebook.com/blueedgefinancialplanning
Information from a financial perspective for those who are being made or have already been made redundant. Actions they can take and the Options they have
The NHS pension scheme is one way to help NHS staff live more comfortably when they retire. However, many people are not aware of the benefits and rights they have with this scheme. Read on to learn the answers to some of the most commonly asked questions about NHS GP pensions.
Uber is able to escape VAT by making use of a gap in how tax is gathered for cross-EU company sales. This stems from the fact that it classifies its 40,000 UK drivers as independent entities, each too small to register for VAT. Read on to learn about VAT on UberEats, reverse charges and more.
The UK government will introduce the Plastic Packaging Tax on 1 April 2022, charging £200 per tonne. The tax will apply to businesses that manufacture or import 10 or more tonnes of finished plastic components within the preceding 12 month period or plan on doing so within the following 30 days.
The Construction Industry Training Board (CITB) must keep a register of employers that are entirely or primarily engaged within the construction industry. Once a company is registered, it is legally required to file annual Levy Returns wherein it must provide details of wage bills for the assessment of levy liability.
Companies need to auto enrol most formally employed staff in the UK onto pension schemes. It is then up to the individual if they want to opt out.
However, directors are often exempt from auto-enrolment duties, even if they have an employment contract.
Rishi Sunak announced plans for the financial year 2022-2023 in his autumn budget statement on 27th October. He promised to deliver a stronger economy for everyone, but what does it mean for you? In this post, we present a quick-fire autumn budget summary, showing you precisely what’s changed, and how it is likely to affect you financially. Contrary to expectations, we did not see a raid on inheritance tax or any changes to capital gains, as recommended by various advisory bodies. Instead, it appears that ordinary working people will shoulder most of the tax burden associated with the COVID-19 pandemic over the following years.
If you're a business owner in the UK, you'll likely have heard of the UK government's super-deduction relief tax policy that's designed to give UK businesses a helping hand in investing. But what is the super-deduction allowance and how could it benefit you? Let's take a closer look.
The government has announced a temporary NIC increase of 1.25% for employees, employers, and the self-employed from April 2022 until April 2023. Revenue raised from the levy will be funnelled into supporting the NHS and equivalent bodies across the UK.
Reverse Charge for Google and Facebook adverts is a relatively new initiative from HMRC, which has been in place since April 2017. The aim is to ensure that digital companies with a UK presence, such as Google and Facebook, pay the correct amount of VAT on their advertising. The government estimates that this initiative will raise an extra £400 million in tax revenue every year.
When it comes to running your own business, making sure you have your accounts in order is key. It is also essential to submit any tax returns to HMRC on time. Whether it is the simple end of year accounts for sole traders or more complex tax reporting for Limited Companies, this is an area you must get to grips with. You may have also heard of HMRC selecting certain businesses for a tax investigation after returns are sent in. This basically sees inspectors look through your records to verify that your returns are correct. Needless to say, any discrepancies can prove very serious. But why might your business be chosen for a tax investigation?
While bookkeeping, VAT returns and payroll are all key to many small businesses, it is payroll that the vast majority often need a hand with. This is naturally a very important aspect of any business because it deals with paying your staff. Any hiccups here can really cause problems! It is also key to get right so that HMRC have the correct information around tax and NI information for employees.
With so many people forced to use credit to manage their household and business finances, one of the most commonly asked questions is ‘Does my debt die with me?’.
Or, families of those who experience financial difficulties are concerned that they will inherit any outstanding obligations when their loved one dies.
The world of contracting and subcontracting can be complicated enough without the complex matters of tax introduced. If you work in the construction sector, you have likely heard of something called the Construction Industry Scheme, commonly abbreviated as CIS. We'll be answering some of the commonly asked questions about CIS, including what it is and the eligibility criteria to receive a CIS refund.
The IR35, the HMRC's name for off-payroll working and subsequent taxation, had signicant changes due to come into force in April 2020. However, with the Coronavirus pandemic occurring, they chose to delay it until April 2021. If you're a
contractor, it's important that you're fully aware of what IR35 changes mean for you.
Accountants routinely get something of a bad rap. In Hollywood films, accountants are often regarded as synonymous with the words ‘dull’ or ‘humdrum’, but this is of course nonsense; one cannot be accurately defined by their job role alone, regardless of what it happens to be.
What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
Explore Sarasota Collection's exquisite and long-lasting dining table sets and chairs in Sarasota. Elevate your dining experience with our high-quality collection!
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
In this comprehensive slideshow presentation, we delve into the intricacies of crypto marketing, offering invaluable insights and strategies to propel your project to success in the dynamic cryptocurrency landscape. From understanding market trends to building a robust brand identity, engaging with influencers, and analyzing performance metrics, we cover all aspects essential for effective marketing in the crypto space.
Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
How to Build a Diversified Investment Portfolio.pdfTrims Creators
Building a diversified investment portfolio is a fundamental strategy to manage risk and optimize returns. For both novice and experienced investors, diversification offers a pathway to a more stable and resilient financial future. Here’s an in-depth guide on how to create and maintain a well-diversified investment portfolio.
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
Textile Chemical Brochure - Tradeasia (1).pdfjeffmilton96
Explore Tradeasia’s brochure for eco-friendly textile chemicals. Enhance your textile production with high-quality, sustainable solutions for superior fabric quality.
2. Member Firm
Page 2 of 4 - Taxcare Accountancy Newsletter
Become our client and remain stress free on your
accounting and tax issues.
The UK government offers Universal
Credit to those who meet their criteria.
Here’s everything you need to know
about Universal Credit, including how to
work out if you are eligible, how much
you will get and your responsibilities.
AM I ELIGIBLE FOR
UNIVERSAL
CREDIT?
You will be eligible for Universal Credit if:
You are unemployed or on a low
income
You are 18 or over
You and your partner have under
£16,000 savings between you
You live in the UK
HOW MUCH WILL I
GET?
Your Universal Credit is a single
payment, and the amount you get will
depend entirely on your circumstances.
For example, if you are on a low income,
but are still earning, the amount you will
get will differ from someone who is
unemployed.
HERE ARE THE BASIC
UNIVERSAL INCOME
AMOUNTS:
Single and under 25: £344.00
Single and 25 or over: £411.51
In a couple and you’re both
under 25: £490.60
In a couple and either of you is
25 or over: £596.58
If you have children, Universal
Credit can help you cover the
cost of looking after your
children.
For your first child: £282.50
(born before 6 April 2017) or
£237.08 (born on or after 6 April
2017)
For your second child: £237.08
per child
If you have housing costs, such as
a mortgage or rent, Universal
Credit may be able to cover some
of the costs.
3. Member Firm
Page 3 of 4 - Taxcare Accountancy Newsletter
Positive, Proactive and Professional
business Accountants.
WHAT ARE MY
RESPONSIBILITIES?
If you are eligible for Universal Credit, you
will be expected to do certain things to keep
your Universal Credit payments. Usually, this
will include looking for work regularly. If you
do not keep up with your obligations, your
payments could be stopped.
WANT TO LEARN
MORE ABOUT
UNIVERSAL
CREDIT?
At Taxcare Accountancy,
we offer expert Universal
Credit advisory services.
We know everything
there is to know, so you
will never have to worry
about applying for
Universal Credit.
Get in touch at
info@taxcareaccountancy.co.uk
for more details.