rate taxpayers do not benefit from this increase in the personal allowance. The exact figure will be confirmed when the September’s Retail Prices Index is known.
NATIONAL INSURANCE CONTRIBUTIONS
• The planned increases in national insurance will go ahead, so the rate for employees will increase to 12% and the rate for employers will increase to 13.8% from April 2011.
• The national insurance upper earnings limit/profit limit will be reduced to keep it in line with the income tax higher rate threshold.
• The threshold at which employers start to pay Class 1 NIC’s will be increased by an extra £21 per week above indexation.
• New businesses which start up during a three year qualifying period in specific targeted areas (Scotland, Wales, Northern Ireland, the North East, Yorkshire and the Humber, the East Midlands, the West Midlands and the South West) will not have to pay the first £5,000 of Class 1 employer’s NIC’s due in the first twelve months of employment. This will apply for each of the first 10 employees hired in the first year of business. This scheme is intended to start from September 2010 and will benefit any new business set up from 22 June 2010.
CAPITAL GAINS TAX
From 23 June 2010, there will be two main rates of capital gains tax – 18% and 28%. The rate paid will depend on the individual’s total taxable income – the 28% rate will apply where total taxable and gains exceed the basic rate tax band (£37,400 for 2010/11).
Gains qualifying for entrepreneurs relief will continue to be taxed at 10%, and the lifetime limit of gains qualifying for entrepreneurs relief will be raised from £2 million to £5 million.
These new rates will have affect from 23 June 2010. Gains arising in 2010/11, but before 23 June 2010 will continue to be liable to CGT at 18% and will not be taken in to account in determining the rate at which gains of indivuduals arising on or after 23 June 2010 should be charged.
The annual exempt amount will remain at £10,100 for 2010/11.
• The full rate of corporation tax for Financial Year 2011,commencing 1 April 2011 be cut to 27%. Further cuts are expected for future years as follows – 26% in 2012/13, 25% in 2013/14 and 24% in 2014/15.
• The small company rate for the Financial Year 2011, commencing 1 April 2011 will be reduced to 20%
• The Annual Investment Allowance will be reduced from the current level of £100,000 to £25,000 from April 2012. Capital expenditure above this level will be eligible for capital allowances at the standard writing down allowance.
• Writing down allowances for new and unrelieved expenditure on plant and machinery will be reduced from 20% to 18% for expenditure in the main rate pool and from 10% to 8% for expenditure in the special rate pool. These changes will take effect from 1 April 2012 for corporation tax and 6 April 2012 for income tax.
• The standard rate of VAT will increase to 20% from 4 January 2011.
• Zero rated supplies and supplies subject to VAT at the 5% reduced rate are not affected by this change.
• There are no changes to the Cash Accounting or Annual Accounting Schemes, but the rates used under the Flat Rate Scheme will also change to reflect this increase, with affect from 4 January 2011.
• Anti-forestalling legislation will be introduced as a result of this measure.
• There is the possibility that pensions tax relief will be restricted from 6 April 2011. This is in consultation but it has been suggested that the annual allowance may be in the region of £30,000 to £45,000.
• State pension is to be relinked to earnings from April 2011 and basic state pension will increase every year by the highest of earnings, inflation or 2.5%
• The government will accelerate the increase in state pension age to 66
TAX CREDITS AND CHILD BENEFIT
• From April 2011, tax credits for families with income over £40,000 will be reduced. Further changes will be made in 2012-13.
• Child benefits will be frozen for the next 3 years.
CHILD TRUST FUNDS
• The Government announced on 24 May 2010 that it intends to reduce and then stop all contributions to Child Trust Funds. They intend to reduce government contributions at birth and to stop contributions at age 7 from August 2010. They also intend to stop HMRC from issuing Child Trust Fund vouchers from 1 January 2011.
FURNISHED HOLIDAY LET
The furnished holiday lettings rules, which were due to be withdrawn from 6 April 2010, will now not be withdrawn.
The current rules which mean that the current FHL rules are applied to UK taxpayers with qualified holiday lettings situated elsewhere in the EEA will continue to apply for the 2010/11 tax year.
The Government then plans to change the treatment of furnished holiday lettings from April 2011 and will be looking at a proposal that would:
• Ensure the FHL rules apply equally to properties in the EEA
• Increase the number of days that qualifying properties have to be available for, and actually let, as a commercial holiday letting, and
• Change the way in which FHL loss relief is given
• A levy based on the banks’ balance sheet will be introduced from 1 January 2011, to encourage banks to move to less risky funding profiles…
ine has criticised the UK for failing to support the self-employed.
The latest labour market statistics show there was a four per cent annual dip in self-employment in the UK, with further figures from Foreign Direct Currency revealing that nearly a quarter of business owners are considering leaving the country.
Commenting on the data, Rhiannon Davies, co-founder of Shelter Offshore, stated that "people are right in thinking that they can have a better chance of success if they take their business abroad or start a new business overseas".
"The UK restricts self-employed individuals on so many levels – such as with excessive taxation – the self-employed pay Class 4 National Insurance contributions, for example, which is effectively a tax on tax," she explained.
Ms Davies also attacked banks for their reluctance to lend to small businesses in the country.…
bed Critical Access Hospital is part of a five hospital organization which provides excellent opportunity for advancement from within which means you have the potential to advance while staying within a committed community.
Provides collaborative leadership to the process of planning, directing, integrating, and coordinating activities to achieve departmental objectives and maintain high quality services. Responsible for operations of assigned departments. Provides oversight as needed; responsible for personnel management (evaluate/hire/fire), budget planning and monitoring, scheduling, systems improvement, compliance with regulatory requirements and strategic planning. Masters degree preferred. Successful completion of management courses/education program preferred.
May be required to work in the department occasionally and may be required to take call on rare occasion.
WHY THIS Hospital?
1. Small Organization with family culture.
2. Life balance and understand that work is only one part of our life
3. Cozy coastal community of 10,000
4. 45 minutes from Willamette Valley
5. Ocean views from the hospital
6. Rewarding work in critical access hospital
7. Awesome recreation
8. 90 minutes from Portland
9. New Graduates Welcome!
Bachelors Degree Required
BLS required or eligible
OR RN License Required or eligible
2 years related experience required
Basic computer skills
Bachelors degree required
Current unencumbered Oregon RN License required
Healthcare Provider BLS required, other certifications as required by departmental standards
Two (2) years RN experience and 2 years in a leadership role required
Paid time off
Health plan- Premiums are paid on a pre-tax basis. This comprehensive benefit program offers medical, pharmacy, dental and vision.
Cafeteria and pharmacy discounts- Employees enjoy a 15 percent discount at all Company cafeterias and retail pharmacies.
Employee Wellness Program- Employees are reimbursed for participating in approved health-related classes and activities up to the yearly maximum of $300.
Life and disability insurance- Life insurance – a one-time payment of employee’s annual salary up to $50,000 maximum.
Accidental death and dismemberment – two times annual salary up to $50,000 maximum.
Long-term disability – 60 percent of employee’s monthly salary up to $5,000 maximum.
Short-term disability – four voluntary plans available.
Employees may purchase additional life insurance up to a maximum of $300,000 for the employee and eligible dependents.
Additional AD&D insurance available.
Undergraduate and graduate classes are reimbursed at 75 percent (based on OSU tuition rates) for tuition and books. Open to employees who work at least half time.
Athletic club discounts- Discounts are given at selected athletic clubs in Lincoln, Linn and Benton counties.
Personal Choice Account- Use pre-tax dollars to pay for dependent care expenses, medical and dental services, and employee insurance premiums.
College Savings Plan- Designed to help families set aside funds for future college costs.
Retirement Plan- Employer contribution of 4 percent of annual salary. Employee is 100 percent vested after three years.
Tax Sheltered Annuity Program – Employees may purchase through payroll reduction with choice of two companies.
Matching Plan – Maximum of 3 percent matched by SHS for employees participating in Tax Sheltered Annuity Program.
Employee Assistance Program- Confidential counseling services for employees and their immediate family members.
Consumer Credit Counseling - debt management counseling services
Family Connections - child care and elder care referral services
Relocation Expenses paid up to $15,000
$79,310 - $113,089
To apply call or email Ron Mason at 801-583-1125 or email@example.com…
ts they handle over 40 million monthly transactions throughout worldwide customers.
Job Description • double reporting to the Headquarters Financial Controller and to the Russia General Director • handling and monitoring of all daily accounting activities • budgeting • preparing monthly financial reports, income tax, social tax and VAT reports • preparing annual financial report based on yearly controlled reports • collection of the receivables • payments • oversight of the financial activity with the holding company.
Skill Required • Certified Chief Accountant / Bookkeeper, with at least 5 years of successful experience in a similar Accountant position, preferably within mid size ($5-$10M) Software, Telecom or High-Tech companies • experience in working with a US Holding/subsidiary is an advantage • knowledge of 1-C software programs • details oriented, meticulous, energetic and excellent team player • very computer literate with ability to adapt to the company's own software programs • fluent English
Benefits excellent salary company benefits
City, region Moscow
Discipline Finance and Accountancy
Sector IT and Telecommunications
CV Email Application by email…
calls for political parties to take the issue of over-regulation of business seriously.
Business directors are spending more than a month each year handling government red tape, according to a new report from the Institute of Directors (IoD).
The organisation claims that the cost of government regulation to business is now running at more than £80 billion a year and dealing with the paperwork is diverting the focus of directors away from company building and job creation.
"When the regulatory burden is so large that it typically occupies one employee in every private enterprise in the UK for nearly half a year, it’s obvious we have a problem," said IoD director general Miles Templeman.
He added that "businesses will continue to face a large and ever increasing burden of paper work that hinders them from growing and, ultimately, creating jobs" unless the next administration changes the way things are done.
NatWest and Royal Bank of Scotland recently stated that late invoices and debt are "endemic problems" for UK companies.…
ressive, organized and thorough Senior Concrete Structures Estimator for all types of concrete cast-in-place and precast structures.
Types of Work:
Post tensioned box girder bridges, precast and steel girder bridges, concrete box culverts, cut-and-cover concrete transit system structures, concrete retaining walls, and misc., reinforced formed concrete structures.
Must be able to read, analyze, interpret and obtain a thorough understanding of contract proposals, drawings and specifications.
Must be proficient in analyzing cast-in-place concrete structures as part of major public works projects and privately funded projects.
Must be able to both self-perform and/or direct others in quantity take-off for both unit price and lump sum project bidding schedules. Must be able to summarize in an Excel spreadsheet format.
Must be able to analyze various scopes of work and produce comprehensive unit price estimates by creating production crews and including specific equipment and materials in a job cost software program. HCSS is the current job cost estimating program.
Must possess good communication skills to effectively solicit and work with individual project owner’s representatives, material suppliers and subcontractors in pre-bid estimate preparations and post-bid negotiations.
Excellent Wage and Benefits Package...
Group Life Insurance: Employees are eligible for $110,000.00 Life Insurance and $160,000 Accidental Death and Dismemberment (AD&D) Insurance. The company pays the entire cost of this benefit.
Retirement Savings Plan (401K): Employees are eligible to participate in the Retirement Savings Plan (“401k”) as of their date of hire. Employees may contribute up to 50% of eligible pay on a pre-tax basis, subject to the annual maximum amount established by the IRS. The Company matches 30% of the first 10% of an employee’s contributions; contributions in excess of 10% and after-tax contributions are not matched.
Long Term Disability Insurance: The plan will pay 60% of the employee's Basic Monthly Earnings, to a maximum monthly benefit of $6,000, after a waiting period of ninety (90) days. The company pays the entire cost of this benefit.
Health Insurance for an individual employee for the HMO plan is at not cost to the employee. Additional employee contributions for dependents for the HMO and PPO plans are required.
Monthly automobile allowance is which includes insurance/repairs/fuel.
Annual discretionary bonus program.
TJ Wisdom, President
Added by TJ Wisdom at 4:26pm on September 26, 2008