int Flashcards
US corporate tax rate
used to be high 30’s now is 21%
UK corporate tax rate
19%
VAT registration threshold
85000
news
GTA maker has paid no tax in 10 years
news 2
trump and france in tax war, digital tax vs wine tax
income tax
20% 12500 - 50000
40% 50000
45% 150000
tax free dividend
2000
capital gains
12000
standard vat
20%,
reduced 5%
tax year
6 april - 5 april
non UK residents
taxed only on taxable income
capital gains tax
chargeable price and selling price difference charged on property or valuable 6000 above
requirements
strong IT skills, background working with softwares such as SAGE
strong organisational skills
why do you want to work with tax
like keeping up with changes
provides opportunity to work amongst colleagues in a team but also with clients
tax return
a form on which a taxpayer makes an annual statement of income and personal circumstances, used by the tax authorities to assess liability for tax.
