business
How much can you deduct for mileage self-employed?
The mileage tax deduction rules generally allow you to claim $0.575 per mile in 2020 if you are self-employed. Can a sole trader claim mileage? Business m...
Category: Business
business
What is the fees of trade mark?
The government fees for trademark registration is Rs. 9000 per application per class for company. The government fees for trademark registration is Rs. 45...
business
Is transfer of shares restricted in private company?
Restriction on transfer Section 2(68) of the Companies Act 2013 provides that the Articles of a private company shall restrict the right to transfer the c...
business
What does SARS payment due date mean?
What does the Payment Due Date of 2020/01/31 on my Notice of Assessment mean? If you owe money to SARS, then the 2020/01/31 on your Notice of Assessment m...
business
How many years of mortgage is interest?
In a typical 30-year mortgage, about half the total interest you pay will accumulate in the first 10 years of your loan. That is because your interest rat...
business
How much is the fine for not doing tax return?
The ATO applies a “failure to lodge on time penalty” (FTL) to overdue tax returns or activity statements (BAS or IAS). The FTL is typically up to $900 on ...
business
Can I transfer my tax allowance to my wife?
The marriage tax allowance allows you to transfer £1,260 of your personal allowance (the amount you can earn tax-free each tax year) to your spouse or civ...
business
Can a UK company have a sole director?
Under UK company law, the same person can be a director and shareholder of a company. This means that it is possible to set up a private limited company o...
business
How the tax system works in Australia?
The Australian tax system works by charging a higher tax rate if you earn a higher income. It is a marginal income tax system. The tax system uses a self-...
business
What should you do next if you know you received a phishing email?
If you suspect that an email or text message you received is a phishing attempt: Do not open it. Delete it immediately to prevent yourself from accidental...
business
What are the pitfalls of salary sacrifice?
Disadvantages of Salary Sacrifice Super Salary Sacrifice Contributions Tax. Salary Sacrifice & SGC. Access To Salary Sacrifice Super Contributions. Ma...
business
How do the Inland Revenue know if you sell a property?
HMRC can find out if you sold your house from the land registry records, from records of you advertising your property, bank transfers, any changes in ren...
business
How many companies are registered in the Isle of Man?
Statistics Date Total 1931 Act Companies * Total 2006 Act Companies * 30/09/2020 15,642 9,578 30/06/2020 15,567 9,540 31/03/2020 15,609 9,518 31/12/2019 1...
