Average weekly pay: $1,953 Employment size: 125,400 Future growth: Strong Skill level Bachelor Degree or higher Engineers design, construct, and maintain products, machines, and structures. Typical tax deductions: Travel…
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The Duties on Clocks and Watches Act 1797 was an Act passed by the Parliament of Great Britain instituting a tax on clocks and watches. The tax was introduced by the Prime Minister William Pitt and was assessed at the annual rate of two shillings and sixpence for a basic watch, five shillings for a…
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Cape Verde (officially the Republic of Cabo Verde) is an island country spanning an archipelago of 10 volcanic islands in the central Atlantic Ocean (570 km off the west coast of Africa). The economy of Cape Verde is service-oriented with commerce, transport, tourism, and public services accounting for more than 70% of GDP. In…
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The sole trader business structure involves the individual personally operating their business. The advantages of operating a business as a sole trader include: Simple and easy for clients to understand. Cheap to establish and dismantle (basically just need a business name, ABN, GST registration and business bank account). No extra tax return required to be…
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Average weekly pay: $1,489 Employment size: 48,100 Future growth: Stable Skill level Certificate II or III Earthmoving plant operators operate plant to excavate, breakup, move, level,…
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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…
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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…
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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…
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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…
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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 »"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2