Changes in Taxation: Impact on Savers or Investors - Research Proposal Example

Comments (0) Cite this document
This paper tries to explain the relationship between an economic factor and a social factor. Tax is a very important source of government revenue. With the amount that has been collected as tax can be used in various sectors, i.e. it can be used to bear the war expenditure…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.1% of users find it useful
Changes in Taxation: Impact on Savers or Investors
Read TextPreview

Extract of sample "Changes in Taxation: Impact on Savers or Investors"

Download file to see previous pages In case of direct tax shifting of the tax burden is not possible i.e. tax which is charged on personal income, but in case of indirect tax, the shifting of the tax burden is possible i.e. sales tax. In today’s world taxes are collected mostly in the form of money. Saving generally implies lowering the level of expenditure from the income level. It can be considered as an art of protecting money. A person who is doing savings is termed as a saver. An investor can be defined as a person or any enterprise, which mainly purchase various financial assets with the motive of earning a huge return. The investor generally invests in the low-risk project, which includes a longer time period to achieve the return, which most of the time includes a payment on a regular interval. A speculator is a risk-loving person, who invests in a high-risk project with the motive of earning huge profit in a very short period. (Investor. n.d.).
A saver should pay a tax on any savings income or else their volume of earning for any particular year can be greater than the annual limit of tax-free income. In general, savers have to deduct 20pc tax from the level of savings, to receive the gross interest on savings. Savers who do not earn up to that level should finish an HRMC R85 declaration so that they can receive the interest paid without the deduction of tax. According to Halifax savers who have managed to earn greater than the tax allowances can see a reduction in the income level even below the tax threshold limit due to the rise in tax allowances and fall in the level of interest rates. According to Flavia Palacious Umana people who depend on the savings to support their pension have selected the correct product but they have to pay unnecessary tax. He suggested all savers mainly pensioners to review their level of income and they should claim for gross interest according to their eligibility. (Savers paying too much tax, July 20, 2009) ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Changes in Taxation: Impact on Savers or Investors Research Proposal, n.d.)
Changes in Taxation: Impact on Savers or Investors Research Proposal. Retrieved from
(Changes in Taxation: Impact on Savers or Investors Research Proposal)
Changes in Taxation: Impact on Savers or Investors Research Proposal.
“Changes in Taxation: Impact on Savers or Investors Research Proposal”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Changes in Taxation: Impact on Savers or Investors


...………………………………………………………………………….xxxxxx …………………………………………………………………….xxxxxx …………………………………………………………………………xxxxx ………………………………………………………………………..xxxxx @2012 Taxation Q 1.1 General changes proposed for taxation of the company cars, for the company and for employees, for the next few tax years. According to Deloitte, there are several of changes that the government has proposed that will influence the cars belonging to the company as well as the private fuel used by both employees and employers. These changes aim at increasing further the tax charge on cars with high emissions of CO2. Back in 2002, the government introduced new reforms on company cars. The company car...
5 Pages(1250 words)Essay

Improvement measures on Sight Savers the provision of eye care, setting up their first surgical training program in Bangladesh. Working with partners has enabled them to treat more than 200 million people for potentially blinding, and blinding conditions, as well as over 7 million operations meant for the restoration of sight. In 2009, Sight Savers International decided to implement changes in the way that they work to bring long-term change, at which point they launched a new strategy. They hope that this will support their partners in carrying out basic and essential care and rehabilitation of eyesight. They are also working towards influencing governments. Sight Savers International is investing in...
12 Pages(3000 words)Essay


...I. Introduction Taxation is the life blood of a nation. The concept of taxation is derived from the theory of protection and support, where the citizens give tax to the government in exchange for protection. Every country has its own taxation system which is evolving according the needs of time. The evolution of the taxation systems in the United Kingdom is evident in the many revisions of our tax law. There revisions in the law is mostly reflected in the changing tax rates, allowances and systems of collection. The three problems in this essay tackles different scenarios involving different transactions. Problem 1 The first problem involving Ms. Vaughan...
6 Pages(1500 words)Essay


...investors mainly against fraud. To give a quick summary of how monetary supply directly affects output or income, assume that there is an excess supply of money in the market. This will lead households, firms and buy bonds with their extra money so that it earns interest. This however will put downward pressure on the interest rate because many people will be investing their money in interest earning instruments. Investors, on the other hand, borrow money from the banks with the very same interest rate that households and firms determine. A low interest rate means more incentive for investors to borrow and put up their own businesses using their low-interest borrowings from banks. This,...
2 Pages(500 words)Essay


.... This however is not the case in modern times. Governments use taxation to run the national affairs. One thing which has still not changed is using taxation to fund wars. This practice was carried out by empires thosands of years ago and is still in pratice today. Income Tax An income tax is a tax levied on the income of corporations or individuals. The amounts of tax is determined by not a fixed amount but by a percentage. This means that the tax would increase as the income increase. In most economies there are different tax brackets. This would mean that a certain percentage would be charged for an income of a certain level, however as the income would cross that threshold the tax...
3 Pages(750 words)Essay


.... These Gains may be earned due to the sale of assets like the stocks, the bonds and property etc. For example, if a person Mr. Edward Cullen buys some shares worth £2,500 n sells them for £12,500 then he makes capital gains worth £10,000. (12,500-2,500) Campbell (1977) argues that Capital Gains have a lot of strategic importance2. This is because according to him, the business income alone does not prove to be sufficient for the motivation of investors. His study (1977) also shows that the investment in the US and other countries like France, Britain, and Germany has improved over the years due to the increase in the enthusiasm towards the Capital Gains3. However, the introduction of the Capital Gains tax is something...
8 Pages(2000 words)Essay

Life Savers Soda - Marketing Plan

...Marketing Plan: Life Savers Soda 3 December, Table of Contents: A. Introduction. B. Marketing Plan Products 2. Price Place 3. Promotion 4. Profitability. C. Cost benefit analysis. D. Food and Liquor license. E. Health benefits strategy. F. Market situational analysis. G. Conclusion /Recommendation. Marketing Plan: Life Savers Soda Introduction. Marketing entails implementation of the four major factors. Marketing plans influence revenues. Marketing strategies affect profits. Strategic marketing plans enhance revenues and profits. Product. Product quality increases revenues (Zikmund 198). The company will change the ingredients of the Life Savers Soda. The new...
39 Pages(9750 words)Essay


... Taxation “Let there be one international tax framework like the (IFRS) International Financial Reporting Standards and there will be no tax avoidance issues”. Discuss this statement. The statement provides the basis for a globally acceptable tax framework that will be applicable for all countries. The arguments supporting this proposal are as follows: First, the establishment of a universally applicable tax framework for all countries, for example the (IFRS) International Financial Reporting Standards would be beneficial, considering that it will put in place a tax framework that is understandable and which works under well known principles (Hope, 2003:272). This being the case, it would then be easier for such a tax framework... similar...
2 Pages(500 words)Essay


...of levy on goods leads to increase in capital (David 1817). Corporations are also subject to taxation by the government. Corporations pay taxes to the government for services provided. Corporations fill out forms as required by the state laws and hence recognized by the government (Leandra 2002). It is the duty of the corporation to pay taxes to the government for services provided and failure to do so can lead to legal actions towards the corporation. Before investors make an investment plan, they identify the tax system of their investment location. A tax system that is negatively designed does not favor the investor’s interests and will drain their resources and time. The different...
8 Pages(2000 words)Assignment

Potencial investors

...the security through contacts available in the system in case the stranger raises suspicion. The whole process of developing the idea to certification by the national Security Council requires an estimate of 400, 000 US dollars whereas the advertisement and testing fee will cost another 150,000 US dollars. The cost of installation to the first 500 customers will cost an estimate of 100,000 US dollars. The business idea therefore requires a total of approximately 700,000 US dollars to start. The business has a prospect of engaging the federal government in case of success, making huge profits to the investors. With the ease of availability of the computers, the company will develop the software, the alarm and bell...
3 Pages(750 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Proposal on topic Changes in Taxation: Impact on Savers or Investors for FREE!

Contact Us