Many employers give their employees a gift at Christmas. If you are one of those generous employers have you considered whether there are any tax implications for the employee on the gift you give? Bonus Employers may give their employee a bonus at Christmas. A bonus must be added to their pay for the period […]
Archives for 2019
Saudi Aramco prospectus flags risks, gives few details on IPO size
By Saeed Azhar, Hadeel Al Sayegh, Aziz El Yaakoubi and Maher Chmaytelli
Saudi Aramco prospectus flags risks, gives few details on IPO size
By Saeed Azhar, Hadeel Al Sayegh, Aziz El Yaakoubi and Maher Chmaytelli
How Tax Reform Impacts Charitable Giving Questions to Consider Before the End of the Year
The Tax Cuts and Jobs Act of 2017 impacted charitable giving in ways that have confused many. Let’s address the changes, how individual charitable giving is impacted, and what questions you should consider as a result. Tax Reform Changed Charitable Giving Charitable contributions can only reduce your tax bill if you choose to itemize your […]
China’s Oct PPI falls 1.6% y/y, CPI rises to near eight-year high
China’s factory gate prices fell 1.6% in October from a year earlier, the steepest fall since July 2016, data from the National Bureau of Statistics showed on Saturday, as manufacturing continues to struggle with weak demand.
WeWork data shows growth still doubling
WeWork owner The We Company disclosed data on Friday that showed expansion of its office-sharing business was almost doubling in size from a large pipeline of leases even as the money-losing company plans to slash costs and reduce its headcount.
China, U.S. agree tariff rollback if phase one trade deal is completed
China and the United States have agreed to roll back tariffs on each others’ goods in a “phase one” trade deal if it is completed, officials from both sides said on Thursday, sparking division among some advisers to President Donald Trump.
Why you need accounting software in your business
Accounting is a critical component of any business or organization. It is more than just documenting every financial transaction of your business. Accounting is not limited to compiling records of every purchase, payment, and gain your business has made. It allows you to see how financially sound your business organisation is. Simply put, accounting is […]
Wall Street ends near flat; healthcare shares gain but trade deal delay weighs
U.S. stocks ended little changed on Wednesday as a report the U.S.-China trade deal could be delayed until December was offset by gains in healthcare shares.
French lottery valued more than $3.3 billion in IPO prospectus
France’s state-owned lottery operator Française des Jeux (FDJ) is worth more than 3 billion euros ($3.32 billion), according to the prospectus for its stock listing released on Wednesday.