Sell at or above asking price: Seller financing allows buyers to consider businesses with a higher asking price. This may give the seller the opportunity to sell at or above their asking price and avoid having to give a seller discount. Tax advantages: Seller financing is classed as an instal...
Climate change is the number one global issue, and governments across the world are reacting to the problem by introducing programmes that urge businesses and private citizens to reduce their carbon footprint. Lowering our energy consumption is a simple, but effective strategy to help achieve this ...
However it is important to point out that spread betting may only be tax free if it is not your main source of income. For that reason it is probably not wise when opening a spread betting account to put your job description down as ‘day trader’ or ‘trader’ as it would then be ...
A drawdown Pension is one way of using your Pension pot to provide you with a regular retirement income, or for withdrawing lump sums. You may also see it referred to as a flexible retirement income. It is used by some as an alternative to buying an annuity, which pays a guaranteed inco...
... It's reported as a lump sum in the employee's income statement or PAYG payment summary – individual non-business. Any amount over the tax-free limit is part of the employee's ETP. Is redundancy classed as savings? Redundancy payments and Universal Credit Capital includes things such ...
The UK has welcomed a large number of migrants in recent years. When considering our overseas aid budget, people should also put into the balance the large numbers of people from dangerous and low income countries we help by supporting them on arrival and then granting them rights to stay and...
If your limited company incurs costs or provides assets for the private use of directors or employees, or reimbursed expenses not wholly and exclusively for the purpose of your trade are incurred, they are classed as a Benefit in Kind. Is payment in-kind taxable? Payments in kind in the pla...
For anarchists, private property (or capital) is "the power to produce without labour." [Proudhon, What is Property?, p. 161] As such, surplus value is created when the owners of property let others use them and receive an income from so doing. Therefore something only becomes capital, ...
The company is 10% owned by a government- owned firm and 90% by a Beijing-based private firm, according to Chinese corporate information platform Tianyancha. The Beijing-based firm is majority- owned by company Chairwoman Li Xueyan, who holds a 54% stake. Mo Sen, one of the company ...
2.2.8.2 Assets funded through finance leases Leases which transfer virtually all the risks and benefits relating to the ownership of an asset to the Group are classed as finance leases. Assets funded through finance leases are recognized in the assets side of the balance sheet at the fair value...