Organisations that run company cars need to understand the cost implications of these changes, which are likely to be considerable in the case of capital allowances and prepare accordingly.
1. Reform of capital allowances and leasing disallowances
Next April’s reform of corporate tax reliefs...
Archive for the ‘Financial Services’ Category
Critical Illness Insurance 07 – Taxation of Critical Illness Policies
March 19th, 2010 
Onye Akpala
As we mentioned in previous article, critical illness insurance is a type of insurance which will pay a lump tax free benefit to the insured if he is diagnosis of one of the critical illnesses covered by the policy. The benefit is intended to help insured persons maintain their quality of life...
The “Amazon tax” upheld in New York, enabling state taxation of web sales
March 19th, 2010 Onye Akpala
Introduction
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In a case that has all major online retailers nervous, a Manhattan court upheld a new state tax law that requires many out of state retailers to collect state sales tax on purchases by New York residents in Amazon.com LLC v. New York State Dept. of Taxation and Finance, ___ N.Y.S....
Posted in Accounts & Tax 
Tags: enabling, Sales, State, Taxation, tax”, upheld, York, “Amazon 
No Comments »Tax Help – Information To Help You Know Why Help With Taxation Is A Good Idea
March 19th, 2010 Onye Akpala
Often most people are not aware that there are provisions for Penalty abatement, Installment accord, Offer-in-compromise and others like this in the federal government’s tax debt relief program. Yes if for some reason you are unable to pay the IRS your tax the authorities are willing to show...
Best tax software: using Lacerte taxation software for better returns to your accounting business
March 19th, 2010 Onye Akpala
Which is the best tax software to use? Accounting professionals have always pondered over this question. The choice of taxation software is a very important accounting decision. The selection of a taxation software could determine the business margins of your accounting profession. Using particular...
Posted in Accounts & Tax Tags: Accounting, best, Better, Business, Lacerte, returns, Software, Taxation, Using No Comments »Mutual Funds Taxation- You Need To Determine How Much Tax Your Dividend Is Subject To
March 18th, 2010 Onye Akpala
Sometimes, an investor may receive less returns than what would have been anticipated. The reason for this is in most cases as a result of taxation of the investment. This is more so with investments like mutual funds. However, the securities under this category tend to be charged much lower tax...
Posted in Accounts & Tax Tags: Determine, Dividend, Funds, Much, Mutual, Need, Subject, Taxation No Comments »Free Taxation Knowledge-Income Tax Tips
March 18th, 2010 Onye Akpala
Free Taxation Knowledge-Income Tax Tips
Having at least an idea of the easiest way to file the taxes is pretty much required, even if you are planning to hire a pro who can help you. It is true that there is much available income tax help from any source but always recall that it is very important...
Taxation of Fosters Sab Miller Deal in India
March 18th, 2010 Onye Akpala
Introduction
Business today has no boundaries, no limitations. The word has evolved drastically from local Barter system to the current global market. Also the laws governing them have changed a lot. When East India Company first came to India in 17th century they would have never...
Gold Coast Accounts: Auditing, Taxation on and Finance Planning
March 18th, 2010 Onye Akpala
The prime goal of experienced accountants is to help you stop paying unnecessary taxes. Chartered Account is a group of people collectively working for an individual or a group of companies in tax planning, auditing, and finalization of accounts, record maintaining and analysis various aspects...
Posted in Accounts & Tax Tags: Accounts, Auditing, Coast, Finance, Gold, Planning, Taxation No Comments »Affiliate Marketing and the Effects of State Taxation
March 17th, 2010 Onye Akpala
The effect of proposed state sales tax on the affiliate marketing industry has captured headlines across the nation recently. These proposals by some lawmakers are no doubt in response to a poor economy.
The idea to impose a sales tax on the affiliate commissions to generate additional state...
