Presentation to Coffee Means Business of how Beatons Accountants operates. Includes International tax, VAT, self assessment refunds, penalty cancellations, grant funding, Brief overview of 2014 budget, pension changes.
Use allowances and consider deferring income to take advantage of upcoming tax rate changes. Review company car benefits and payroll processes in preparation for 2013/14 changes to real-time reporting and residency rules. Ensure robust record keeping and consider longer term tax planning strategies for business sales, retirement, and inheritance tax protection given increased HMRC scrutiny of certain industries.
R&DTax is a consultancy that specializes in helping companies claim R&D tax credits. They have over 2000 successful claims totaling over £7.5 million for more than 220 clients. Their low overhead business model keeps their fees the most competitive in the sector. Testimonials from clients and accountancy firms praise R&DTax for their efficient service and expertise in maximizing R&D tax credit claims.
HMRC Insolvency and Enforcement Workload #054K2Partners
The HMRC insolvency and enforcement department in Worthing appears to have an increasing workload due to businesses withholding tax payments, fewer approved payment plan arrangements, and failed existing payment plans. As a result, HMRC is issuing more Winding Up Petitions against companies, dominating the weekly court lists. The only options to halt a WUP are paying the full amount owed or proposing a Company Voluntary Arrangement, though companies often complain advisers failed to draft arrangements in time. More WUPs are expected following the May tax return deadline.
Ian McMonagle The Business Journey_Nov2014Martin Jack
Research & Development Tax Relief
Ian McMonagle, Chartered Tax Adviser and Tax Director at Russell & Russell will outline some details on:
R&D Tax Relief available to innovative companies
Who can qualify and how to claim
The document outlines ways for businesses to reduce their tax compliance burden and improve cash flow during times of reduced economic activity. It recommends that businesses consider filing VAT and PAYE returns less frequently, canceling VAT registration if turnover decreases below thresholds, switching to the cash receipts basis for VAT accounting if turnover drops, and applying redundancy refunds from the Department of Trade and Enterprise against tax liabilities. Contact details are provided for any additional information needs.
Case Alert Berkshire Golf Club & others v HMRCGraham Brearley
The document summarizes a tax tribunal decision in a case between HMRC and various golf clubs regarding VAT repayment claims. The tribunal ruled that golf clubs should be repaid 90% of VAT claims for "green fees" paid by visitors, rejecting HMRC's argument that full repayment would constitute unjust enrichment. However, the tribunal agreed with HMRC that VAT is due on supplies to corporate customers and tour operators. It also determined expenditure on golf courses could be partially exempt for VAT purposes. Both parties may appeal aspects of the decision to an upper tribunal.
The document summarizes hot topics related to VAT (Value Added Tax) in the UK, including:
1) VAT registration requirements and thresholds for compulsory and voluntary registration.
2) Schemes for flat rate, cash accounting and annual accounting VAT payments that provide benefits for small businesses.
3) Rules around VAT liability, rates, discounts, bad debt relief and voluntary disclosures.
4) Future changes including a potential VAT rate increase and complex areas like property and services.
Use allowances and consider deferring income to take advantage of upcoming tax rate changes. Review company car benefits and payroll processes in preparation for 2013/14 changes to real-time reporting and residency rules. Ensure robust record keeping and consider longer term tax planning strategies for business sales, retirement, and inheritance tax protection given increased HMRC scrutiny of certain industries.
R&DTax is a consultancy that specializes in helping companies claim R&D tax credits. They have over 2000 successful claims totaling over £7.5 million for more than 220 clients. Their low overhead business model keeps their fees the most competitive in the sector. Testimonials from clients and accountancy firms praise R&DTax for their efficient service and expertise in maximizing R&D tax credit claims.
HMRC Insolvency and Enforcement Workload #054K2Partners
The HMRC insolvency and enforcement department in Worthing appears to have an increasing workload due to businesses withholding tax payments, fewer approved payment plan arrangements, and failed existing payment plans. As a result, HMRC is issuing more Winding Up Petitions against companies, dominating the weekly court lists. The only options to halt a WUP are paying the full amount owed or proposing a Company Voluntary Arrangement, though companies often complain advisers failed to draft arrangements in time. More WUPs are expected following the May tax return deadline.
Ian McMonagle The Business Journey_Nov2014Martin Jack
Research & Development Tax Relief
Ian McMonagle, Chartered Tax Adviser and Tax Director at Russell & Russell will outline some details on:
R&D Tax Relief available to innovative companies
Who can qualify and how to claim
The document outlines ways for businesses to reduce their tax compliance burden and improve cash flow during times of reduced economic activity. It recommends that businesses consider filing VAT and PAYE returns less frequently, canceling VAT registration if turnover decreases below thresholds, switching to the cash receipts basis for VAT accounting if turnover drops, and applying redundancy refunds from the Department of Trade and Enterprise against tax liabilities. Contact details are provided for any additional information needs.
Case Alert Berkshire Golf Club & others v HMRCGraham Brearley
The document summarizes a tax tribunal decision in a case between HMRC and various golf clubs regarding VAT repayment claims. The tribunal ruled that golf clubs should be repaid 90% of VAT claims for "green fees" paid by visitors, rejecting HMRC's argument that full repayment would constitute unjust enrichment. However, the tribunal agreed with HMRC that VAT is due on supplies to corporate customers and tour operators. It also determined expenditure on golf courses could be partially exempt for VAT purposes. Both parties may appeal aspects of the decision to an upper tribunal.
The document summarizes hot topics related to VAT (Value Added Tax) in the UK, including:
1) VAT registration requirements and thresholds for compulsory and voluntary registration.
2) Schemes for flat rate, cash accounting and annual accounting VAT payments that provide benefits for small businesses.
3) Rules around VAT liability, rates, discounts, bad debt relief and voluntary disclosures.
4) Future changes including a potential VAT rate increase and complex areas like property and services.
This document is about a company called Moneyback PPI that assists people with claiming money back from mis-sold Payment Protection Insurance policies. It states that millions of PPI policies were incorrectly sold by companies to boost profits and agent commissions, making customers entitled to make claims. The process involves requesting a pack, sending it back, and the company handling the rest for a competitive fee of 10%+VAT of successful claims. Contact details are provided.
The Belgian government has decided to reduce the rate of withholding tax on dividends paid by small- and medium-sized enterprise (SME) to 15 or 20 percent, depending on certain conditions (from 25 percent).
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?
The document discusses capital allowance tax refunds and historical auditing services. For capital allowance tax refunds, the service identifies unclaimed capital allowances from property purchases and refurbishments that can offset tax liability or provide refunds. On average, 25% of property/refurbishment costs are found in unclaimed allowances. For historical auditing of utilities and telecoms spending over £20,000 annually, the service analyses past bills for errors that can provide 10% savings in refunds or future bill offsets. Both services charge fees only if they identify a minimum amount of unclaimed funds, otherwise there are no fees.
The Court of Justice ruled that Germany could not deny VAT exemption for the transfer of a vehicle from Germany to Spain by a taxpayer simply because the taxpayer failed to include a VAT number on the invoice, as long as the substantive requirements for exemption were met. The failure to comply with this formal requirement should not prevent exemption from being available, unless tax evasion was suspected. The German law preventing exemption due to missing a VAT number on the invoice violated the purpose of the VAT Directive.
Additionally, the Upper Tribunal affirmed that for VAT groups in the UK, the representative member of the group is entitled to receive any VAT refunds, even if another group member made the supplies and initially overpaid VAT. Individual group members cannot claim refund
Ogilvie Fleet outlines five reasons for companies to introduce a salary sacrifice car scheme through them: 1) It saves employers approximately £300 per car per year in reduced National Insurance contributions; 2) It helps attract and retain employees by providing a valuable benefit; 3) On average, it saves employees £70 per month on motoring costs; 4) Ogilvie Fleet fully supports the scheme with automated systems and customer service; 5) The scheme can support environmental goals by offering fuel efficient and low emission vehicle options.
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.
Regent FE: Guaranteed FX pricing. Multi-currency AccountsCiaran Pennington
Regent FE offer a very simple and long term solution for businesses.
1. We publish our FX pricing and never change it. What you get is linked to volume and everybody gets the fair, super fine rates.
2. We offer nil-cost multi-currency accounts
Get in touch to learn more
Case Alert Associated Newspapers - Upper TribunalGraham Brearley
This document summarizes a recent Upper Tribunal judgment regarding the VAT treatment of vouchers given away by Associated Newspapers (AN) as part of a business promotion scheme. The Tribunal partially allowed HMRC's appeal regarding AN's entitlement to reclaim input VAT paid on voucher purchases. Specifically, AN could reclaim VAT paid to intermediaries but not on "retailer vouchers" issued by AN directly. The Tribunal also dismissed HMRC's appeal that AN must account for output tax when providing the vouchers to customers for free, as this satisfied the "business purpose test" of increasing newspaper/ad sales. The judgment clarifies VAT implications for businesses using vouchers in promotions.
Pay as You Go You are required to pay your taxes in advance in case you fall under certain criteria's.
The handout helps in explaining when you are required to pay your taxes under Pay as you Go tax assessed by Australian Tax Office.
You can also pay tax as per your own calculations rather than as per the schedule given by ATO however in case the estimate falls wrong by 85% you are liable to pay interest as well as penalty.
Legal requirements for various registrations required for Australian business Entity. Registration Requirements for starting a small business in Australia. It describes various requirements for obtaining GST Number, Tax Filing number etc.
Capital Gains Tax must be paid if an asset is sold for more than it was purchased for. This document provides information about filing a UK Tax Return for the 2010/2011 tax year if capital gains were realized. It notes that penalties for late filing are more severe now. It also explains that capital gains realized after June 22, 2010 could be taxed at 18% or a combination of 18% and 28% depending on one's total income. Filing must be completed by January 31, 2012.
This document provides an overview of tax and business structure considerations for freelancers in the UK. It discusses the reasons for declaring income and paying taxes. The most common business structures for freelancers are sole trader, partnership, limited company, and limited liability partnership. A sole trader is the simplest structure but provides no liability protection. A limited company provides greater credibility but involves more complex administration. The document also covers VAT registration requirements, allowable business expenses, and the importance of keeping proper financial records.
The document provides information about filing taxes in Ireland, including deadlines, penalties, and tips to reduce tax bills. Some key points:
- The deadline for paper tax returns is October 31st and the deadline for online returns is November 15th. Filing late can result in penalties of 5-10% of the total tax liability.
- Individuals must file if they are self-employed, have rental income, investment income, shares/options, or other non-PAYE income.
- Taxpayers can reduce their bills by claiming all eligible tax credits, contributing to a pension, splitting income with a spouse, carrying losses forward, and considering setting up a limited company.
- Tax
0% tax - how significant tax savings can occur using Malta's Remittance System
A legitimate low tax EU jurisdiction.
5% effective corporate tax rate, no withholding, capital gains or entry or exit taxes. No inheritance or wealth taxes.
Presenter - Simon Cook Company - SRC Accountancy Services Ltd
The area of tax for businesses is not straightforward, in fact it can be a real minefield for business owners. However, if you take a little time, and work with your accountant, it’s usually possible to find ways to save some tax.
This document provides a summary of taxes in the UK, including income tax, corporation tax, VAT, and how to spread the costs of taxes through financing options from White Oak UK. It defines each major tax, how often payments are due, and tips for tax filing and claiming deductions. White Oak UK offers short-term loans to help businesses pay tax bills in installments rather than a lump sum. The loans can be arranged quickly online and provide cash flow benefits over using cash reserves.
1) The document provides guidance for setting up as a sole trader business, including registering with HMRC, opening a business bank account, considering insurance needs, and setting up a PAYE scheme if employing staff.
2) Key expenses that can be claimed include salaries, national insurance, pension contributions, travel, training costs, computer equipment, and accountancy fees. The document outlines rules around private use of expenses.
3) As a sole trader, tax returns must be filed annually reporting all income and deducting allowable expenses. Payment on account may also be required in two installments to spread out tax payments.
The document provides information on government support available to businesses during the Covid-19 pandemic, including:
- Increased statutory sick pay refunds for eligible employees off work due to Covid-19.
- Business rates relief for companies with properties below a rateable value of £51,000.
- Grants of £10,000 for businesses under £15,000 rateable value and £25,000 for those below £51,000.
- Coronavirus business interruption loans of between £1,000-£5m with an 80% government guarantee.
- Support includes tax payment deferrals and universal credit for self-employed and low income individuals.
This document is about a company called Moneyback PPI that assists people with claiming money back from mis-sold Payment Protection Insurance policies. It states that millions of PPI policies were incorrectly sold by companies to boost profits and agent commissions, making customers entitled to make claims. The process involves requesting a pack, sending it back, and the company handling the rest for a competitive fee of 10%+VAT of successful claims. Contact details are provided.
The Belgian government has decided to reduce the rate of withholding tax on dividends paid by small- and medium-sized enterprise (SME) to 15 or 20 percent, depending on certain conditions (from 25 percent).
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?
The document discusses capital allowance tax refunds and historical auditing services. For capital allowance tax refunds, the service identifies unclaimed capital allowances from property purchases and refurbishments that can offset tax liability or provide refunds. On average, 25% of property/refurbishment costs are found in unclaimed allowances. For historical auditing of utilities and telecoms spending over £20,000 annually, the service analyses past bills for errors that can provide 10% savings in refunds or future bill offsets. Both services charge fees only if they identify a minimum amount of unclaimed funds, otherwise there are no fees.
The Court of Justice ruled that Germany could not deny VAT exemption for the transfer of a vehicle from Germany to Spain by a taxpayer simply because the taxpayer failed to include a VAT number on the invoice, as long as the substantive requirements for exemption were met. The failure to comply with this formal requirement should not prevent exemption from being available, unless tax evasion was suspected. The German law preventing exemption due to missing a VAT number on the invoice violated the purpose of the VAT Directive.
Additionally, the Upper Tribunal affirmed that for VAT groups in the UK, the representative member of the group is entitled to receive any VAT refunds, even if another group member made the supplies and initially overpaid VAT. Individual group members cannot claim refund
Ogilvie Fleet outlines five reasons for companies to introduce a salary sacrifice car scheme through them: 1) It saves employers approximately £300 per car per year in reduced National Insurance contributions; 2) It helps attract and retain employees by providing a valuable benefit; 3) On average, it saves employees £70 per month on motoring costs; 4) Ogilvie Fleet fully supports the scheme with automated systems and customer service; 5) The scheme can support environmental goals by offering fuel efficient and low emission vehicle options.
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.
Regent FE: Guaranteed FX pricing. Multi-currency AccountsCiaran Pennington
Regent FE offer a very simple and long term solution for businesses.
1. We publish our FX pricing and never change it. What you get is linked to volume and everybody gets the fair, super fine rates.
2. We offer nil-cost multi-currency accounts
Get in touch to learn more
Case Alert Associated Newspapers - Upper TribunalGraham Brearley
This document summarizes a recent Upper Tribunal judgment regarding the VAT treatment of vouchers given away by Associated Newspapers (AN) as part of a business promotion scheme. The Tribunal partially allowed HMRC's appeal regarding AN's entitlement to reclaim input VAT paid on voucher purchases. Specifically, AN could reclaim VAT paid to intermediaries but not on "retailer vouchers" issued by AN directly. The Tribunal also dismissed HMRC's appeal that AN must account for output tax when providing the vouchers to customers for free, as this satisfied the "business purpose test" of increasing newspaper/ad sales. The judgment clarifies VAT implications for businesses using vouchers in promotions.
Pay as You Go You are required to pay your taxes in advance in case you fall under certain criteria's.
The handout helps in explaining when you are required to pay your taxes under Pay as you Go tax assessed by Australian Tax Office.
You can also pay tax as per your own calculations rather than as per the schedule given by ATO however in case the estimate falls wrong by 85% you are liable to pay interest as well as penalty.
Legal requirements for various registrations required for Australian business Entity. Registration Requirements for starting a small business in Australia. It describes various requirements for obtaining GST Number, Tax Filing number etc.
Capital Gains Tax must be paid if an asset is sold for more than it was purchased for. This document provides information about filing a UK Tax Return for the 2010/2011 tax year if capital gains were realized. It notes that penalties for late filing are more severe now. It also explains that capital gains realized after June 22, 2010 could be taxed at 18% or a combination of 18% and 28% depending on one's total income. Filing must be completed by January 31, 2012.
This document provides an overview of tax and business structure considerations for freelancers in the UK. It discusses the reasons for declaring income and paying taxes. The most common business structures for freelancers are sole trader, partnership, limited company, and limited liability partnership. A sole trader is the simplest structure but provides no liability protection. A limited company provides greater credibility but involves more complex administration. The document also covers VAT registration requirements, allowable business expenses, and the importance of keeping proper financial records.
The document provides information about filing taxes in Ireland, including deadlines, penalties, and tips to reduce tax bills. Some key points:
- The deadline for paper tax returns is October 31st and the deadline for online returns is November 15th. Filing late can result in penalties of 5-10% of the total tax liability.
- Individuals must file if they are self-employed, have rental income, investment income, shares/options, or other non-PAYE income.
- Taxpayers can reduce their bills by claiming all eligible tax credits, contributing to a pension, splitting income with a spouse, carrying losses forward, and considering setting up a limited company.
- Tax
0% tax - how significant tax savings can occur using Malta's Remittance System
A legitimate low tax EU jurisdiction.
5% effective corporate tax rate, no withholding, capital gains or entry or exit taxes. No inheritance or wealth taxes.
Presenter - Simon Cook Company - SRC Accountancy Services Ltd
The area of tax for businesses is not straightforward, in fact it can be a real minefield for business owners. However, if you take a little time, and work with your accountant, it’s usually possible to find ways to save some tax.
This document provides a summary of taxes in the UK, including income tax, corporation tax, VAT, and how to spread the costs of taxes through financing options from White Oak UK. It defines each major tax, how often payments are due, and tips for tax filing and claiming deductions. White Oak UK offers short-term loans to help businesses pay tax bills in installments rather than a lump sum. The loans can be arranged quickly online and provide cash flow benefits over using cash reserves.
1) The document provides guidance for setting up as a sole trader business, including registering with HMRC, opening a business bank account, considering insurance needs, and setting up a PAYE scheme if employing staff.
2) Key expenses that can be claimed include salaries, national insurance, pension contributions, travel, training costs, computer equipment, and accountancy fees. The document outlines rules around private use of expenses.
3) As a sole trader, tax returns must be filed annually reporting all income and deducting allowable expenses. Payment on account may also be required in two installments to spread out tax payments.
The document provides information on government support available to businesses during the Covid-19 pandemic, including:
- Increased statutory sick pay refunds for eligible employees off work due to Covid-19.
- Business rates relief for companies with properties below a rateable value of £51,000.
- Grants of £10,000 for businesses under £15,000 rateable value and £25,000 for those below £51,000.
- Coronavirus business interruption loans of between £1,000-£5m with an 80% government guarantee.
- Support includes tax payment deferrals and universal credit for self-employed and low income individuals.
My 10 minute presentation at BNI Camberley in April 2013 that covers all aspects of Fuller Spurling's work and includes some worked examples of how we can advise clients on the tax implications of their decisions
The new tax rules will restrict tax relief on finance costs for residential landlords to the basic rate of income tax from April 2017. Currently, landlords can deduct all finance costs such as mortgage interest from their rental income. Under the new rules, relief will be restricted gradually over four years until 2020/21 when all financing costs can only be claimed as a basic rate tax reduction. This is likely to increase the tax liability for many residential landlords. The changes may also impact other areas such as eligibility for child benefit due to an increase in adjusted net income. Professional advice should be sought to understand the implications and consider options to reduce income where applicable.
The Accountancy Firm Self Assessment AdviceHi Gemba
This document provides information about who needs to complete a UK self-assessment tax return by 31 January 2017 and tips for certain tax situations. It lists various occupations and financial circumstances that require submitting a return, such as being self-employed, having rental income, working abroad, or being a trustee or beneficiary of a trust. It also provides contact information for The Accountancy Firm, which offers accounting and tax services.
The document discusses various strategies for businesses to use to avoid bad debts from unpaid invoices. It begins by explaining how costly uncollected debts can be in terms of lost profits and additional sales needed to make up the shortfall. Various common excuses customers give for late payments are then outlined. The rest of the document proposes nine unique strategies businesses can implement, such as offering large prompt payment discounts, prize draws for on-time customers, and using humor or technology like direct debit payments to motivate customers to pay on time. The overall goal of the strategies is to improve cash flow and reduce losses from uncollected invoices.
Profit extraction and investment for family and OMB businesses - ExeterPKF Francis Clark
This practical seminar will look at options and opportunities available under current and proposed tax legislation. We will examine the taxation consequences but also highlight broader commercial and practical issues in relation to profit extraction and investment. Our aim is that delegates will have a better idea of how to ensure they and their businesses continue to thrive.
Profit extraction and investment for family and OMB businesses - Bodmin/RedruthPKF Francis Clark
This practical seminar will look at options and opportunities available under current and proposed tax legislation. We will examine the taxation consequences but also highlight broader commercial and practical issues in relation to profit extraction and investment. Our aim is that delegates will have a better idea of how to ensure they and their businesses continue to thrive.
The complete guide to understanding VAT returns for small businesses in the UK. Our presentation includes: VAT principles and how VAT is collected, the different types of VAT rates and categories they apply to, how VAT returns are calculated for small businesses selling exempt products, VAT registration rules and advice, the three VAT schemes explained, useful real-world examples and much more.
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 document discusses how payment over time (leasing) can allow customers to implement energy projects more quickly and efficiently by enjoying the benefits of the investment immediately rather than having to wait years to break even. Leasing provides tax advantages where customers can receive 100% tax allowances on payments, and it allows customers to spread costs over monthly payments while retaining liquidity. The benefits of leasing include faster returns, positive cash flow, tax savings, preserving credit lines, flexibility to take on additional projects, and lower approval levels for decisions.
The document provides guidance on setting up and running a limited company. It discusses key steps like company registration, opening a bank account, registering for VAT and corporation tax, and setting up payroll (PAYE). It also covers expenses, insurance, invoicing, deadlines, paying dividends, IR35 rules, and tax returns. Regarding salaries, it recommends paying at least the NIC threshold of £8,060 or the national minimum wage rate of around £13,000 annually.
This document provides information about UK Research and Development (R&D) tax credits, which are a government incentive program administered by HMRC to encourage innovation. Key points covered include eligibility requirements, how the credits work, statistics on amounts claimed and rates, qualifying and non-qualifying costs, schemes available for small/medium enterprises and large companies, an example calculation of savings, and a case study of a construction company that claimed over £257k in credits. The document encourages companies to use a tax consultant to help determine eligibility and successfully submit a claim.
The document provides advice on various UK tax matters. It asks questions about paying high taxes, minimizing taxes, VAT schemes for small businesses, capital gains tax on property sales, inheritance tax planning, VAT on commercial building purchases, changes to work in progress accounting, available tax credits and breaks, preventing PAYE and business tax investigations. Suggested strategies include using personal and spouse allowances, limited companies, dividends over salary, interest payments on loans to companies, capital allowance claims, non-taxable benefits, various property tax strategies, wills, trusts, gifts, business and agricultural reliefs.
Buying a buy-to-let property through a limited company rather than personally can provide some tax advantages. If purchased through a limited company, the profits are taxed at the corporation tax rate of 19% rather than an individual's income tax rate of up to 45%. Financing costs can be claimed at 100% rather than a 20% reduction. Gains on sale are not subject to capital gains tax for companies. However, money extracted from the company is taxed as dividends up to 38.1%. Finding a lender can also be more difficult when purchasing through a limited company. It is best to consider your long term plans and any need to access rental income when deciding between the personal or limited company structure.
Similar to Menta Coffee Means Business Who are Beatons 25 March 2014 (20)
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
1. Elemental Economics - Introduction to mining.pdf
Menta Coffee Means Business Who are Beatons 25 March 2014
1.
2. What do we do?
Accountancy
Tax planning
International Services
Consultancy
Wealth Management
Business Start-up
Company Audits
Charity Audits
Not-for profit Audits
Grant audits
Ground rent/expense audits
Payroll
Back office finance functions
Management accounting
Cloud accounting
VAT returns
Small business bookkeeping
Company Secretarial
3. Help people see a solution…
Helped a local business
reclaim over £200,000 in
VAT.
Annually reclaim around
£200,000 in tax through the
self assessment system.
Advised on moving to work
overseas in Oman, Saudi
Arabia, Dubai, Hungary,
South Africa, America,
Switzerland.
Advice on purchase of
company cars/vans.
Cancelled out of time
tax demands penalties
in excess of £10,000
and received an
apology from HMRC.
Provide advice on tax
efficient purchase and sale
of residential properties.
Assisting overseas business
in applying for EU grant
funding in excess of £1m.
4. What don’t we do?
Tax Avoidance
Vs Tax Evasion
A general decline in this style of loss scheme with effect from 5 April 2013
the maximum loss offset is £50,000 or 25% of income.
5. Tax is everywhere…
In what we eat, Cake or Biscuits?
For VAT cakes are zero rated, biscuits are
zero rated but biscuit with a chocolate
covering is standard rated.
That is 20% extra cost to you and me!
A teacake is a cake. But getting it wrong had
a cost to M&S. They charged standard rated VAT
many years ago and then when they realised
their error wanted to reclaim the VAT paid over
incorrectly. But it was the customer who
suffered the VAT not M&S. This would have
been unjust enrichment for M&S over their
competitors to be able to receive the refund.
So it was blocked.
Lesson: don’t get it wrong. If in doubt obtain
clearance from HMRC.
6. In how we travel…
Buying a bus isn’t cheap.
Buying a new fleet of buses is even less so!
8. 2014 Budget…
A budget for savers… maybe?
Pensions reform
• No requirement to purchase annuity
• Flexibility to extract pension funds
ISA’s reform
• £15,000 annual investment
limit in NISA
Self service time to pay arrangements
for self assessment online.
Small business help? Increase
in annual investment allowance
to £500,000