world news
Do Under 18s pay tax?
As with adults, children aged under 18 can earn up to the tax free allowance in each tax year (£12,500 in 2020/2021) and pay no income tax. This is the ma...
Category: World News
world news
What is the profit margin on fish and chip shop?
For every McDonalds in the UK there are 8 fish and chip takeaways. Crucially the profit margins in the industry are strong. The average portion of fish an...
world news
How long after being made redundant can you go back?
After making an employee redundant, you can rehire them or hire a new employee almost immediately. There is no strict period of time given for how long yo...
world news
Does variation happen after death?
You can change a person’s will after their death, as long as any beneficiaries left worse off by the changes agree. If there’s no will the law decides who...
world news
How to enforce a European Payment Order?
If they don’t oppose the claim, the European Payment Order will become automatically enforceable. To get the order enforced, you need to send a copy of th...
world news
Does a workplace have to provide a uniform?
The truth is that there is no legal obligation imposed on employers to pay for uniform. However, you are not permitted by law to charge an employee for an...
world news
Can someone sue after buying a house Scotland?
A buyer who does not comply with the terms of the contract can be compelled by the court to complete the contract and can be sued for any costs the seller...
world news
Can you apply for sixth form at 17?
Sixth form students usually start at the age of 16, but there are students who have had special circumstances where they for instance; have a learning dis...
world news
What is my net income if I earn 40000?
Find out how much your salary is after tax If you make $40,000 a year living in the region of New York, USA, you will be taxed $8,101. That means that you...
world news
Do Ltd have to file their accounts with Companies House?
Download your free in-depth guide on preparing statutory accounts for your UK limited company. All limited companies must file their company accounts each...
world news
Is VAT payable on food in a restaurant?
If you supply food and non-alcoholic beverages for consumption on your premises, for example, a restaurant, café or pub, you’re currently required to char...
world news
Do savings accounts pay you monthly?
In savings accounts, interest can be compounded, either daily, monthly, or quarterly, and you earn interest on the interest earned up to that point. The m...
world news
What makes you a tax resident in Ireland?
Residence for tax purposes You are resident for tax purposes for a year if: You spend 183 days or more in Ireland in that year from 1 January – 31 Decembe...
