In 1784 Pitt the Younger introduced a tax on men’s hats to raise government revenue. The government believed the tax would be equitable as the rich would have a large number of expensive hats, whereas the poor might have one cheap hat or none at all. Ladies hats were exempt from the tax. The hat…
Capital city: Gaborone Currency: Pula Population: 2,250,260 Language: English GDP: …
Frank Genovesi’s new tax planning book shows how a home business can offer significant and lasting business, taxation, wealth and lifestyle benefits. Get your copy here through Amazon.
This strategy involves having a company’s ordinary shares owned by a family trust structure (instead of the individual directors). This applies irrespective of whether the company operates a business or holds investments. The advantages of this strategy include: Provides asset protection – If the directors personally go bankrupt then the company is protected as the…
Average weekly pay: $932 Employment size: 23,100 Future growth: Moderate Skill level Bachelor Degree or…
The East India Company (EIC) was a British joint-stock company formed in 1600 to pursue trade with the East Indies (Southeast Asia). The company ended up mainly trading with China and seizing control of the Indian subcontinent. The company traded in basic commodities such as cotton, silk,…
This book details 201 tax saving strategies and ideas, that if implemented will save you tax. It doesn’t matter whether you are an employee, investor, or business owner, there are tax strategies that apply to your circumstances. Often taxpayers are unaware of all the tax saving strategies that are available. This is understandable as the…
Capital city: Sucre, La Paz Currency: Boliviano (BOB) Population: 11,410,651 Language: Spanish GDP: …
Objectives: Mathew is a self-employed livestock agent operating in Harvey, WA. Mathew’s twin objectives are to purchase a farm to breed cattle and save tax. Facts: Mathew’s livestock agency business produces $200,000 profit pa. 300,000 super balances (Mathew and Jane). Farm cost $600,000. Accountant’s Advice: Tax Strategy 68: Establish a Family…
Average weekly pay: $896 Employment size: 179,500 Future growth: Stable Skill level High School or Certificate I Cleaners clean houses, offices, hotels, hospitals,…
"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2