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Most low-income individuals and families do not face high enough tax liability to profit in a significant way from tax deductions linked to HSAs. While bonus rates could be high, it is going to then drop with a lower monthly interest hereafter. Money is the form we use to... - Read more | |
The IFRS Foundation, parent entity of the mighty International Accounting Standard Board, made a £460,000 (Rs 4.07 crore) provision last year for a potential tax settlement with Britain’s HM Revenue and Customs, in a case that could prove highly embarrassing for the... - Read more | |
UK accountants had been hoping for a 13.5% increase in salary this year, nine times larger than the national average pay rise. But they have had to settle for only seven times. Average accountancy salaries rose 10.3% during 2011 to £59,900 from £54,300. Bonuses were... - Read more | |