Business & Finance Questions and Answers in The AnswerBank

Is your Credit Card Balance Increasing?

With rising food costs, council tax, home energy bills and petrol prices are you paying for this by increasing your outstanding balance on your credit card?

AB Editor

Have you been affected by the 'credit crunch'?

moody2020

example of basis trading

I was wondering if anyone could provide me with or provide an internet link to a basic mathmatical example of a bsis trade, i am aware of what this involves i.e. the purchase of a government bond...

GDS

Yacht VAT European Waters

I am about to sail the yacht I bought in Turkey into Greek waters. I want to know what the procedures are for paying VAT on the vessel, should it remain in Greek waters, & what the costs would be....

cruciverbals

any accountants out there? If a company's only profit is say from share trading, is the corporation tax at 21% or the CGT rate of 18%. Would the Revenue assume it has investment company status and tax...

Kinetic

Student Loans

Hi there, I live in Wales and at the start of last September was awarded funding for my Swansea University degree in English. The final payment for this year is due Monday 7th April. As English wasn't...

sp1214

The minimum wage

Are apprenticeships paying ?80 pw the way forward to combat the cost of employing staff on the minimum wage.

brookfield

pay off morgage or not

i have a mortgage of ?24,000.My fixed rate has just ended.My new payment with Nationwide has gone up by 30%.I only have about 1 year left before my endowement finishes.I have the cash to pay it...

evedawn

advertising on the gumtree site

this might be posted in the wrong section... i wanna advertise something on the gumtree site...anyone know if it is free? I can't see any charges in their small print?

rutineli

How Many Chinese Peasants Remain?

We are constantly told about the industrial revolution that is taking place in China but what percentage of the population is still employed in agriculture or conversely what is the percentage that...

cdlspivey

Cash Flow

A US Corporation has operating income (EBIT) of $750,000. The company's depreciation expense is $200,000. The company is 100 percent equity financed and it faces a 40 percent tax rate. a. What is the...

janela

bereavement allowance

If someone is entitled to a bereavement allowance because their spouse has died, and the decision to award it came after that person themself died (due to the length of time taken to make the...

jennings09

adaptable life plan

my yearly statement arrived today with a current cash in value.does this mean i can cancell the policy and receive the cash in value sum quoated.

bj777

tax liability

what are the tax implications for a mortgage endowment maturing next year

karatant

This doesn't add up, does it ?

I had a bank account for a few years with bank "A" and set up a standing order for ?25 per month. One day, I drew out my moddest amount of money via the hole in the wall and went in to see the teller...

bwfcolinh58

contract / lease dispute

we are in a contract with a hygene company, when it was signed it was not datted, can we change the contract or get out of the contract or is the contract still legally binding thank you