Few things are more divided than the “Inheritance Tax” for the readers of the Financial Times. In some cases, taxation is unfair-a punishment for hard-working parents who wish to transfer their property to their children. For other people, taxes are ineffective, because the rich avoid taxes and get unfair opportunities, giving future generations a huge advantage in life.
The Covid-19 pandemic has brought new power to this debate, and it is necessary To increase taxes Once security is restored, public finances can be strengthened. Right now, Prime Minister Rishi Sunak is playing cards near his chest and may collect any such taxes, but many experts suggest that you consider levying wealth taxes, including IHT.
The new EU VAT rules will cost British SMEs £180 million of red tape
According to a consulting company, due to the EU’s comprehensive VAT reform on sales outside the group, e-commerce sellers in the UK will face a red tape saving cost of £180 million.
This New rulesIt will be launched on July 1, and its original purpose is to prevent annual value-added tax fraud by non-EU e-commerce sellers (many of which are located in China), and it is estimated to prevent 7 billion euros of fraud. However, after Britain leaves the European Union, British companies also need to comply.
Small and medium-sized enterprises exporting to EU customers will face the greatest turmoil, as these changes eliminate the tax exemption for small and medium-sized enterprises and transportation of no more than 22 euros.
In order to answer to the above question, the following
distinctions need to be made.
1. Management and control of
the business of the
company Vs. Shareholders control of
the
company
the company through their
votes at general meetings, while the board of directors
exercises control
of the business of the company
by its management. A long line of authorities supports this.
The board of directors exercises the central management and
control of the business, while the shareholders exercise the
control of the company.
The above principle is also specifically adopted in our
Companies Law Cap 113, Table A, section 80, subject to any
An Post has been working hard to prepare for Brexit from January 1
st when changes will affect customers sending parcels to, and receiving items from, Great Britain. Any charges on incoming items will have to be paid by the receiving customer in advance of delivery.
Cyril McGrane, Director of International Trade, An Post said: “In addition to making preparations for Brexit, An Post has also been preparing for the single biggest change to the customs regime in the history of the State: the implementation of Customs 2020, the EU programme to enable national customs administrations to create and exchange information electronically. Our priority is to make the changes as easy as possible for customers.”