Tax free dividend allowance reduced from £5,000 to £2,000 two years after George Osborne scrapped the dividend tax credit

Caitlin Morrison Tax free dividend allowance reduced from £5,000 to £2,000 two years after George Osborne scrapped the dividend tax credit whatsapp Wednesday 8 March 2017 1:21 pm Share It will “ensure that support for investors is more effectively targeted, and make the total amount of income they can receive tax-free fairer and more affordable”, according to the Treasury.Read more: What the tax-free dividend allowance cut means for youMany startups and small businesses rely on dividends as a source of income, and this move will be felt keenly by a group hit elsewhere in today’s Budget – Hammond also announced that self-employed workers will pay increased national insurance contributions from April next year.The reduction of the tax-free dividend allowance takes account of the increased ISA allowance, which will rise to £20,000 from this April, as well as further increases to the tax-free personal allowance which is additional to the dividend allowance.A £2,000 dividend allowance will continue to mean that 80 per cent of general investors pay no dividend tax, including those with sizeable investments (typically, up to £50,000), the government said. The £5,000 allowance was first introduced less than two years ago by Hammond’s predecessor, George Osborne. In his July 2015 Budget, Osborne scrapped the dividend tax credit, and brought in an allowance instead.At the time, Osborne said this would mean 85 per cent of investors would see a reduction in the amount of dividend tax they pay, while investors with a portfolio of more than around £140,000 would see an increase.LIVE: Chancellor Philip Hammond delivers the 2017 Budget whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Chancellor Philip Hammond has slashed the tax free dividend allowance from £5,000 to £2,000.The Treasury said the allowance was being shrunk so as to “reduce the tax differential between the self-employed and employed, and those working through a company, to raise revenue to invest in public services”. read more

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DEBATE: Should the government cut the number of university courses and places to ensure value for money?

first_imgWednesday 9 January 2019 4:40 am Share More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Should the government cut the number of university courses and places to ensure value for money?Gillian Keegan MP, parliamentary private secretary to the Treasury and co-author of the foreword to the Onward report, says YES.The government should cut the number of low-value university places and steer people towards better options. Analysis of government data by the think tank Onward finds that going to university won’t be financially worthwhile for up to a quarter of students. They will be left with low earnings which don’t justify high debts. DEBATE: Should the government cut the number of university courses and places to ensure value for money? Gillian Keegan and Dan Davies whatsappcenter_img City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. Education isn’t like other government programmes; it’s more like venture capital than infrastructure investment. We should take lots of small risks and let the decisions be taken by people with skin in the game. While students of medicine, maths, sciences and economics do well after they leave, those on arts, media studies and psychology courses do badly. The majority of graduates from creative arts courses are not earning enough to pay anything back even 10 years after they left uni. The cost to the taxpayer is why fees are so expensive for other students.If we could steer people towards either better university courses or advanced technical options like graduate apprenticeships, we could cut the costs of going to university – the Onward report shows how we could halve the amount that students have to pay back with a 50 per cent graduate tax cut.Dan Davies, managing director and head of training at Frontline Analysts, says NO.The government cannot pick winners in university education any more than it can in industry.For example, communication arts at a former polytechnic might sound like an excellent candidate for the chop. But that was the course (at Sheffield Hallam) that gave us Nick Park and Aardman Animation of Wallace and Gromit fame, and a media industry cluster that’s generated enough revenue to pay for thousands of student loan write-offs.Creative arts are a hits-based business, with a very fat tailed-distribution of returns. You can’t tell what the true cost to the economy is unless you look at the system as a whole. And if you look at the whole creative sector, the economy gets a pretty good return on its education subsidy. whatsapp Opinion Tags: Trading Archivelast_img read more

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China to cut tariffs on hundreds of products

first_img The plans also back up the claim that China – which is in a long-running trade dispute with the US – is opening up its economy.  An outbreak of African swine fever that started in August last year has nearly halved China’s pig herd, official data showed, sending pork prices soaring to record levels. whatsapp whatsapp (Getty Images) China is preparing to slash tariffs on hundreds of products next year in a bid to bolster the economy.  Import tariffs on 859 items, ranging from frozen pork to technology products, will be cut from 1 January in order to “increase imports of products facing a relative domestic shortage, or foreign speciality goods for everyday consumption”.  Jessica Clark Monday 23 December 2019 9:05 am Share China to cut tariffs on hundreds of products Frozen pork tariffs, which will be cut to eight per cent from 12 per cent for some countries, are being reduced as China battles with an outbreak of African swine fever.  Read more: Trump: US to suspend planned tariffs after reaching China trade deal Semiconductors, certain types of medication and some wood and paper products are among the items that will see tariffs reduced. China’s economy is expanding at its weakest rate in nearly 30 years and could face more downward pressure next year, but the government has vowed to keep growth within a reasonable range in 2020 and keep policies forward-looking and effective. Show Comments ▼last_img read more

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Music Video Monday: Grizzly Bear – “Yet Again”

first_imgUncategorizedMusic Video Monday: Grizzly Bear – “Yet Again”By Elina Shatkin – October 15, 2012448ShareEmailFacebookTwitterPinterestReddItEmbarrassment. Isolation. The sense of balancing on tightrope with failure always looming below. Brooklyn band Grizzly Bear’s video for “Yet Again” gives voice to it all thanks to a haunting video by Emily Kai Bock. A film student who dropped out of Montreal’s Concordia University after her video for Grimes’ “Oblivion” brought her international attention, she explains some of her concepts for the video in this Pitchfork interview. TAGS2012L.A. CultureMusic VideoMusic Video MondayOctober 2012Previous articleCaught Getting Creative: The Implosion of Jonah LehrerNext articleFor Argo, Ben Affleck Blows His Own HornElina Shatkin RELATED ARTICLESMORE FROM AUTHORFollow in Pee-wee Herman’s Footsteps Across L.A.The L.A. Director Behind Childish Gambino’s “This Is America” Video Is Making His MarkWhat Defines a Successful Immigrant?last_img read more

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The Essential Movie Library #62: The Conformist (1970)

first_imgFilmUncategorizedThe Essential Movie Library #62: The Conformist (1970)In The Conformist Bertolucci struck his most successful balance between the sensual exhilaration of cinema and the discipline devoted to telling a storyBy Steve Erickson – January 21, 20141163ShareEmailFacebookTwitterPinterestReddItBy 1970 the movies finally caught up with the ‘60s, and American movies were still catching up with a new European cinema confronting all the ways in which the old order became so toxic. Maybe the most revelatory moment of The Conformist, which takes place in the 1930s, isn’t when lapsed intellectual and fascist recruit Jean-Louis Trintignant pursues his old college professor (whose wife—played by Dominique Sanda when Brigitte Bardot turned down the part—he’s been sleeping with) to assassinate him for philosophical transgressions; rather it’s when he goes to confession to absolve himself not of murder but rather of feeling no guilt for having committed murder. In turn the priest is most dismayed not by the murder or lack of remorse but rather the admission of a homosexual affair. The moral universe as defined by church and state flips upside down.Barely out of his twenties when he adapted the novel by Alberto Moravia, Italian director Bernardo Bertolucci, in collaboration with cinematographer Vittorio Storaro, always has been an imagist sometimes to his self-indulgent detriment (even as it often has been to our delight, self-indulgence notwithstanding). In The Conformist Bertolucci struck his most successful balance between the sensual exhilaration of cinema and the discipline devoted to telling a story—so maybe it’s no accident that, in the movie’s collision of fascism and a sexuality at once repressed and cruel, lies an epiphany about the allure and even perverse beauty of totalitarianism and depravity. In retrospect Bertolucci’s next endeavor, Last Tango in Paris, not only made sense but was the only creative avenue possible.Read them all:The Essential Movie Library #61: Bonnie & ClydeThe Essential Movie Library #60: Sweet Smell of SuccessThe Essential Movie Library #59: MelancholiaThe Essential Movie Library #58: La Dolce VitaThe Essential Movie Library #57: Pat Garrett and Billy the KidThe Essential Movie Library #56: ContemptThe Essential Movie Library #55: Sunset BoulevardThe Essential Movie Library #54: MetropolisThe Essential Movie Library #53: In A Lonely PlaceThe Essential Movie Library #52: Talk to HerThe Essential Movie LIbrary #51: To Be or Not To BeThe Essential Movie Library #50: The Battle of AlgiersThe Essential Movie Library #49: NotoriousThe Essential Movie Library #48: Wings of DesireThe Essential Movie Library #47: L’AvventuraThe Essential Movie Library #46: Malcolm XThe Essential Movie Library #45: In the Mood for LoveThe Essential Movie Library #44: Touch of EvilThe Essential Movie Library #43: Once Upon A Time in the WestThe Essential Movie Library #42: Belle de JourThe Essential Movie Library #41: Apocalypse NowThe Essential Movie Library #40: Out of the PastThe Essential Movie Library #39: Branded to KillThe Essential Movie Library #38: The GeneralThe Essential Movie Library #37: Lord of the RingsThe Essential Movie Library #36: Aguirre, the Wrath of GodThe Essential Movie Library #35: Raging BullThe Essential Movie Library #34: The Rules of the GameThe Essential Movie Library #33: Chinatown The Essential Movie Library #32: StalkerThe Essential Movie Library #31: WeekendThe Essential Movie Library #30: Some Like It Hot The Essential Movie Library #29: Red RiverThe Essential Movie Library #28: The PassengerThe Essential Movie Library #27: Singin’ in the RainThe Essential Movie Library #26: HeatThe Essential Movie Library #25: L’AtalanteThe Essential Movie Library #24: SunriseThe Essential Movie Library #23: His Girl FridayThe Essential Movie Library #22: Black NarcissusThe Essential Movie Library #21: Blade RunnerThe Essential Movie Library #20: PersonaThe Essential Movie Library #19: The Shop Around the CornerThe Essential Movie Library #18: Lost HighwayThe Essential Movie Library #17: Tokyo StoryThe Essential Movie Library #16: 8 1/2The Essential Movie Library #15: City LightsThe Essential Movie Library #14: Seven SamuraiThe Essential Movie Library #13: Lawrence of ArabiaThe Essential Movie Library #12: Citizen KaneThe Essential Movie Library #11: Jules and JimThe Essential Movie Library #10: My Darling Clementine The Essential Movie Library #9: Double Indemnity The Essential Movie Library #8: That Obscure Object of Desire The Essential Movie Library #7: 2001: A Space Odyssey The Essential Movie Library #6: CasablancaThe Essential Movie Library #5: The Lady EveThe Essential Movie Library #4: The Third Man The Essential Movie Library #3: The Passion of Joan of Arc The Essential Movie Library #2: Vertigo The Essential Movie Library #1: The Godfather Trilogy TAGSThe ConformistMoviesL.A CultureEssential Movie LibraryPrevious articleL.A. by the Slice: Five Stages of Parking Spot GriefNext articlePartyscope: Boldface TriesSteve Erickson RELATED ARTICLESMORE FROM AUTHORArcLight Cinemas and Pacific Theatres Are Permanently Shutting DownL.A. Movie Theaters Can Reopen Next Week—but Some Cinemas Aren’t Quite Ready‘The Raw Materials Were Her Life’: The New Billie Eilish Documentary Shoots for Storytelling with No Filterlast_img read more

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Singapore-style maths lessons could add £200 a year to students’ salaries

first_img Sarah Spickernell Thursday 18 June 2015 9:46 am whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunEliteSinglesThe Dating Site for Highly-Educated Singles in ScottsdaleEliteSinglesTotal Battle – Tactical Game OnlineThe Most Addictive Strategy Game of 2021Total Battle – Tactical Game Onlinezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorLearn It WiseAfter Losing 70lbs Susan Boyle Is So Skinny Now She Looks Like A ModelLearn It Wise Share Singapore-style maths lessons could add £200 a year to students’ salaries whatsapp Show Comments ▼ A maths programme used in Singaporean schools could add hundreds of pounds a year to British students’ salaries once they hit the workforce, according to research by the UCL Institute of Education and the University of Cambridge. The “Maths Mastery” programme focuses on fewer topics but goes into more depth than the programmes used in British schools, and has been shown to improve overall mathematical ability. For years, Singapore has excelled far beyond the UK in terms of maths. The researchers tested it out in a selection of English schools, and after just one year they could see improvements beyond what was normal for the country.  The impact of higher maths scores at age 10 on salary at ages 26, 30, 34 and 38 was estimated using data from the British Cohort Study, and in all cases the gains made, both for the individual and the economy, far exceeded the cost of implementing the new system in the first place.  Overall, it was found to result in an average wage increase of between £100 and £200 each year once the person began working. The report suggests adopting the programme nationwide would lead to a good return on investment further down the line. “Even a small enhancement of maths skills at age 10 yields long-term economic benefits for individuals and the economy,” it says. Tags: NULLlast_img read more

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Jury sent out to consider verdict in Tom Hayes libor-rigging trial

first_img Show Comments ▼ Wednesday 29 July 2015 11:57 am whatsapp The jury has been out to consider the verdict in the trial of former trader Tom Hayes who is accused of attempting to manipulate the Libor rate.The former UBS and Citigroup yen derivatives trader, who is 35, denies eight charges of conspiracy to defraud between August 2006 and September 2010. Prosecutors have branded Hayes “greedy” and said he masterminded a conspiracy with 25 staff from at least 10 banks and brokerages to submit false numbers into the Libor system, to suit their trading positions.In return for boosting his profits, the SFO said that brokers would receive kickbacks such as extra business to boost their fee income.Hayes is the first person to stand trial on charges of alleged manipulation of the London interbank offered rate, or Libor, used to price an estimated $450 trillion (£288 trillion) of financial contracts worldwide.He was initially arrested back in December 2012 as part of the SFO’s investigation into the manipulation of the libor rate, used to calculate the repayment rates for things such as student loans and mortgages. Jury sent out to consider verdict in Tom Hayes libor-rigging trial whatsapp Tags: Libor rate-fixing scandal People Tom Hayes Share More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Jessica Morris last_img read more

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People / Kirsten Castillo Hall appointed CEO of GlobalTranz

first_imgBy Alexander Whiteman 23/05/2017 GlobalTranz Enterprises has appointed Kirsten Castillo Hall as its new chief operating officer.Ms Hall’s appointment follows GlobalTranz’s acquisition of Logistics Planning Services (LPS), where she was chief executive.Ms Hall was previously LPS’s chief operating officer and has 21 years of supply chain experience, including 14 years at Imation, a data managerment firm that was spun-off of science giant 3M.Ms Hall said joining the online freight brokerage would ensure a “seamless” transition for LPS customers and employees while enabling her to continue working for a logistics “market leader”.Chairman of GlobalTranz Bob Farrell said Ms Hall’s experience would be “extremely valuable” for the company as it expanded its managed transportation business.last_img read more

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News / $250m cash injection to boost tech firm GoGoVan’s global expansion ambitions

first_imgBy Gavin van Marle 13/07/2018 Alibaba’s logistics arm, Cainiao Network, this week continued to pump cash into supply chain technology start-ups.Hong Kong’s GoGoVan announced this morning Cainiao had joined other investors in a new $250m funding round to fund GoGoVan’s aim of global expansion.This has been its central strategy since last August when the mobile app-based logistics platform merged with Chinese intra-city logistics provider 58 Suyun.“Since the merger, our business has been advancing rapidly,” said Steven Lam, chief executive and co-founder of GoGoVan.“The number of powerful investors on board in this round of funding shows that the market approves of our strategy. We will be using the new funds to expand our service offerings and grow new markets.“In the next few months, we will offer door-to-door service to fulfil demand in the small item segment. We strive to simplify logistics and delivery services.”The merged entity claims to cover 339 cities across six countries, serving about 8m consumers. The merger claimed to “create synergies on fleet utilisationand geographical coverage” and that GoGoVan had “become the leader in short-haul logistics in Asia”.Today’s $250m investment round was led by InnoVision Capital, and with  Cainiao Network also included Russia-China Investment Fund, Hongrun Capital, Qianhai Fund of Funds and 58 Daojia Group.The deal is Cainiao Network’s second logistics investment this week, after it pumped $290m into Hangzhou-based logistic service provider Dianwoda and became its controlling shareholder. Dianwoda provides outsourced delivery services for enterprises and individual consumers.In May, Cainiao Network linked with parent Alibaba to pay $1.38bn for a 10% stake in growing Chinese operator ZTO Express.last_img read more

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Premium / M&A radar: Where to for sennder + Uber Freight Europe now?

first_imgBy Gavin van Marle 18/09/2020 LOGIN Password* Please either REGISTER or login below to continue Forgotten your password? Please click here New Premium subscriber REGISTER Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium Email* << Go back Reset Please Login Uber Freight’s European foray came to an end this week after its US parent company came to an agreement to sell it to German rival sennder – a company whose name is causing havoc with the autocorrect function of this journalist’s word processing software.Although the purchase price remained undisclosed, a Bloomberg report cited sources who valued Uber Freight Europe at €900m, and included Uber taking a minority stake in sennder as part of the deal. The acquirer said the deal ... Email* Reset Your Password Premium subscriber LOGINlast_img read more

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