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Get help handling your company’s finances with App Paye

“So when I was contacted by App Paye to check out their latest finance app for freelance contractors and small businesses I was naturally very interested” reports techdigest.tv. App Paye costs £15 per week, including payroll, all taxes /holiday/insurance /BUPA etc.Whereas once you would’ve needed a whole payroll department to handle taxes, pay expenses and produce payslips, now all of this can be done with a swipe of a finger using a smartphone app like App Paye.Then you can use the app to upload the hours you work for them…

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Throwing money at the NHS can’t be justified when so much is wasted

“I am not one of the 63 per cent of Conservatives who back higher taxes in order to hand over yet more billions to the NHS money pit” writes Tom Welsh for telegraph.co.uk. Only a few weeks ago the NHS’s most senior doctor informed us that the service needs no more money, and instead should become more efficient and reduce waste. Last November you quoted Jeremy Hunt, the Health Secretary, as saying that the NHS could save £1 billion per year if all trusts bought their supplies at the best…

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Repealing head tax, Seattle avoids walking into the propeller

“Eliminate the possibility of a ballot challenge to the tax, save my council seat next year, then bring back the jobs tax” writes Special To The for seattletimes.com. The same might not have been true for some of the nearly 600 companies affected by the jobs tax.Too many Seattleites don’t know how good we have it — although the attempted jobs tax seems to have slapped many awake.This was rich considering Amazon’s business depended on the internet, which was birthed by federal tax dollars.The jobs tax would have hastened that. Source:…

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Ronaldo accepts 2 years in prison, 18.8 million euro fine in tax case: El Mundo

“MADRID (Reuters) – Real Madrid forward Cristiano Ronaldo has reached a deal with the Spanish tax authorities to serve two years in prison and pay a 18.8 million euro ($21.8 million) fine in a tax evasion case, newspaper El Mundo reported on Friday” writes Midwest Communications Inc for 95kqds.com. Ronaldo is unlikely to serve any time in jail under the deal because Spanish law states that a sentence of under two years for a first offense can be served on probation. The 33-year-old Portuguese footballer, who is accused of evading…

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Gearing up for retirement? Make sure you understand your tax obligations

“There are several factors at play when we talk about taxes in retirement, including age, tax-deferred and other retirement accounts, additional investments and Social Security” writes Catherine Golladay for marketwatch.com. Social Security benefits may or may not be taxed, depending on what the IRS calls “provisional income.” Provisional income includes gross income, tax-free interest and one half of your Social Security benefits.Understanding how to navigate these interconnected factors, and how to use specific tax strategies, can help you build a comfortable retirement.Subscribe to Retirement Weekly One way to potentially lower…

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If you work remotely from a home office, you just lost a tax break

“The home office tax break was significant because it applied to more than rent or mortgage” writes Elisabeth Leamy for seattletimes.com. That will give you time to adjust to the loss of the home office tax break.The 2017 taxes filed in April were still eligible for the home office tax deduction.As a telecommuter for a Southern California real estate investment company, Alexander works from a home office.It’s part of a larger transformation in the tax code that removes employees’ ability to deduct business expenses that their employers do not cover. Source:…

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Alaska’s legal pot industry decries taxes, seeks changes

“It comes as other legal pot states have struggled with marijuana taxes” writes The Associated Press for seattletimes.com. Bill Walker’s administration has no official position on the tax issue, said Ken Alper, director of the state Tax Division.They could then try to establish a different tax rate based on those definitions.The state Department of Revenue said last year that it lacked the authority to establish different tax rates for lower-quality flowers.The Marijuana Control Board, which regulates the industry, plans to discuss tax and supply issues with state officials Wednesday. Source: seattletimes.com…

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Trump economy is doing fine, to the chagrin of the dismal science

“The Europeans, whose statism most professional economists worship, has failed to clean up its banks” writes Peter Morici for marketwatch.com. Nonpartisan research predating the Trump candidacy indicates the 15% cut in taxes on business profits enabled by corporate reforms should increase investment between 7.5% and 15%.The Brits are the exception but on the continent Germany’s largest bank, Deutsche Bank DB, -2.26%  , is still run badly, and in Italy, medieval practices die hard. Source: marketwatch.com Share This:

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