During the 17th and 18th centuries the wearing of wigs by men was very fashionable. Women didn’t wear wigs but instead added hair extensions to their natural hair. Whilst women mainly powdered their hair grey or blueish grey, men went for the bright white look. The wig powder was made from finely ground starch…
Read More »
Canada is a federal parliamentary democracy and a constitutional monarchy, with Queen Elizabeth II being the head of state. The federation is composed of ten provinces and three territories. Although Canada is the world’s second-largest county (covering 9.98 million square km), it’s sparsely populated with the majority of its land being dominated…
Read More »
Objectives: Sam, operates a cleaning company servicing several shopping centre clients. As the cleaning industry has very low margins, Sam is looking to reduce his cost of doing business to remain competitive. Facts: $2 million revenue. Employs 25 individual subcontractors at an annual cost of $1.3 million. Accountant’s Advice: Tax Strategy 101: Reducing Super Guarantee…
Read More »
Average weekly pay: $1,436 Employment size: 79,424 Future growth: Moderate Skill level Certificate II or III Defence force members are employed by the Australian Defence Force (ADF) which is…
Read More »
As Britain’s 1784 tax on hats was such a lucrative revenue raiser for the government, they decided to complement it with a glove tax. The 1785 glove tax was levied at the rate of one penny on gloves to the value of ten pence, two pence to gloves costing between ten pence and fifteen pence,…
Read More »Campione d’Italia is a municipality of the Province of Como in the Lombardy region of Italy. This postage stamp exclave only totals 1.6 km2 and is surrounded by the Swiss canton of Ticino. Campione is very integrated with Switzerland, both administratively and economically. For example, Italian citizens residing in Campione have the Swiss franc as…
Read More »
The benefits of using a private company to accumulate investments include: Company tax rate of 27.5% (which will eventually reduce to 25% by 2025). Ability to retain profits after tax (important in the lead-up to retirement when individual taxable incomes can be high). Fully franked dividends can be accumulated tax free due to the dividend…
Read More »
Average weekly pay: $1,000 Employment size: 107,700 Future growth: Decline Skill level Certificate II or III Bookkeepers maintain and evaluate…
Read More »
The brick tax was a tax on bricks and tiles introduced in Great Britain during King George III’s reign to help pay for the wars in the American Colonies. The tax was originally levied at the rate of 2s. 6d. per 1000 bricks, 3s per 1000 plain tiles, and 8s per 1000…
Read More »
Capital city: Bandar Seri Begawan Currency: Brunei dollar (BND) Population: 417,200 Language: Malay GDP: …
Read More »"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2