Gibraltar as an offshore company tax haven A number of factors make Gibraltar attractive for offshore business conduct; good geographical location and bilingual (English and Spanish) territory; cost effectiveness and attractive fiscal regime for offshore investors; excellent reputation, stable government and special status within the European Union; excellent infrastructure and communications; favorable tax status for offshore...more
Common Reasons For Tax Rebates The tax rebate is one of those things that a lot of taxpayers wait for anxiously. Despite the fact that a lot of people do not take serious steps to ensure that they utilize their monies correctly, a good number of them are always eager to get the cash. However, although these people may genuinely be desiring to lay their hands on these monies, not all of them qualify for the same. In this article...more
Knowing When To Claim A Tax Rebate The truth of the matter is that there are so many people who deserve a tax rebate but who never take any steps to claim them. At the same time, there are many people who are very eager to claim the refund even when they know that there are indeed very few chances of them accessing the same. In this article, we are going to look at some times when you should be claiming a rebate. When You Are Leaving The United KingdomThe first case that should allow you to claim a refund is when you are leaving the United Kingdom. Although there is actually nothing special about those people who are leaving the UK, the fact is that such people usually do so within the financial year, hence they are not able to make full use of their personal tax-free allowance. You will realize that the personal allowance is meant for the whole year, but it usually happens that the annual personal allowance is divide by twelve, so that you as the taxpayer can base your monthly payments on the monthly salary. However, if it happens that you fail to work for the whole year, you will not be allowed to use the full personal allowance, and hence you should be able to...more
How To Apply For A Tax Rebate if you are employed If you suspect that you are due a tax refund but are not so sure on how you should proceed with the application process, then be my guest. Every year, millions of pounds go unclaimed by people who are actually supposed to claim that money. Despite the fact that a good number of people...more
How Not To Use Your Tax Rebate There are so many people who get their tax rebates but do not really know how they should use this money. They tend to use this money in a haphazard manner because they do believe that this money is "free money." There is really no need for us to base so much of our discussion on whether or not this is...more
The Challenges In Applying For A Tax Rebate If you are applying for a tax rebate, you need to keep in mind the fact that the process will have its own challenges, and that you should be ready to deal with these challenges if you would really like to have your tax back. In this article, we are going to look at a few of these challenges, and discuss what you can do to make sure that you overcome the challenges that will be mentioned here. Lost DocumentsThe first thing that hurts many people who would like to apply for their rebates is the issue of lost documents. You will realize that during the tax-back application process, the HMRC will not want to deal with applications that do not have supporting documents that are needed. However, you will find that there are a good number of people who are not usually so keen on keeping the documents in safe place, and they will only start looking for them when they realize that these documents are needed. In many of these cases a few documents get lost hence causing the taxpayer to lose out some refund that was actually due him. To deal with this problem only requires you to be able to keep your documents safe and all will be...more
Advantages Of Filing Your Tax Returns Early The business of filing tax returns has become one of the most head-cracking activities ever since the concept of self-assessment was popularized. However, a good number of people are yet to...more
Life Settlements and How They Affect Taxes Understanding the tax implications of replacing or selling existing life insurance coverage will help shed some light on the options available to financial advisors and policy holders looking...more
How A Flexible-benefits Plan Gives You A Tax Break Flexible-benefits Plan (FBP) is an employee benefits plan which helps the employees' to save considerable amount of taxes by paying certain expenses from their pre-tax income....more
UNC trio tries to make up for lost time in front of NFL scou Marvin Austin and Robert Quinn lined up side-by-side on North Carolina's practice field for defensive line drills while Greg Little hauled in passes.It was harsh...more
The NFL Lockout is Turning Everyone into a Loser – Can't We All Just Get Along?! The decertified NFL players association – which is not, I repeat, not a union – is encouraging incoming players to skip the league's draft...more
Policies in Taxes Phyllis Stolp began by summarizing the testing programs in place in Texas. She described three components of the state assessment program, all tied to the mandatory statewide curriculum called Texas Essential...more