lifestyle
What happens when private equity takes over a company?
In fact, private equity firms cause significant unemployment. As I wrote a few weeks ago, economists at Harvard University and the University of Chicago f...
Category: Lifestyle
lifestyle
Does Prompt Payment Act apply to subcontractors?
The 1988 amendments to the Prompt Payment Act provide an additional form of payment protection for subcontractors on federal construction contracts by req...
lifestyle
Who owns a working mens club?
Working men’s clubs are cooperatives run by their members through a committee, usually elected annually. Why did working mens clubs decline? There are man...
lifestyle
Can I claim VAT without an invoice?
Without a valid VAT invoice, you shouldn’t claim the VAT. If you do, and HMRC query it, you’ll be liable to repay that amount to the taxman. You CANNOT re...
lifestyle
How do I make an international transfer from Sparkasse?
This option allows you to transfer money in foreign currencies to any country in the world. To make a foreign currency transfer, simply complete a “Intern...
lifestyle
Can a Ltd company lend money?
The good news is, that loans between limited companies are allowed. However, the loan is only allowed if the company making the loan has sufficient funds ...
lifestyle
Does Ecommerce pay VAT?
In Indonesia adopts a single rate for VAT, amounting to 10%. Buying and selling online is not spared from the imposition of VAT and the purchaser as the f...
lifestyle
Can a company donation be gift aided?
Companies are entitled to tax relief for qualifying charitable donations made to charities. The donations are paid gross without the deduction of income t...
lifestyle
Do you pay UK tax in Guernsey?
Guernsey has its own system of taxation for residents. Individuals have a tax-free allowance of £11,000. Income tax is levied on income in excess of this ...
lifestyle
Can I give my son money tax free UK?
You can give away £3,000 worth of gifts each tax year (6 April to 5 April) without them being added to the value of your estate. This is known as your ‘an...
lifestyle
Is compensation for loss of office tax deductible?
Compensation for loss of office payments will continue to be exempt, in full, from Employee’s NICs even after 5 April 2019. What does compensation for los...
lifestyle
Do I need to fill in a P11D form?
At the end of the tax year you’ll usually need to submit a P11D form to HM Revenue and Customs ( HMRC ) for each employee you’ve provided with expenses or...
lifestyle
What are typical business rates?
If the rateable value is £51,000 or over, use the standard multiplier….How do I estimate business rates? Year Standard multiplier Small business multiplie...
