Ordinary income Tennant v Smith‚ (money or convertible into money) An employee was given accommodation rent free by his employer. Was this ordinary income? • The employee could not sublet the accommodation to anyone else‚ therefore could not turn this accommodation into cash. • The Court said it was not ordinary income under s. 25(1) (now s.6-5) since the accommodation was not convertible into money. • Not ordinary income under s.6-5. FCT v Cooke & Sherden. (money or convertible into money) Soft
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here is an ever aging population in the UK; this has been described as a ‘pensioners time bomb’ and will result in many changes for society. There are a number of factors that have caused this. Thomas McKeown (1972) argues that improved nutrition since the 1900‘s has accounted for up to half the reduction in death rates another factor for this is medical improvements (such as the introduction of the NHS in 1948 and antibiotics) and public health measures (like the Clean Air Act of 1956). Some people
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African Journal of Economics Vol. 1 (5)‚ pp. 176-190‚ December‚ 2013. Available online at www.internationalscholarsjournals.org © International Scholars Journals Full Length Research Paper Competition in Ethiopian Banking Industry 1 Zerayehu Sime Eshete‚ 2Kagnew Wolde Tesome‚ 3Teshome Ketama Abebe 1 Research and Development Officer at CBE and now PhD candidate in Economics at University of Nairobi‚ Kenya. 2 Research and Development at CBE and now a PhD candidate in Economics at
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Legislation and Regulations Outline of legislation in relation to Unit and assessment criteria Children Act 1989 This Act allocates duties to ensure children are safeguarded and their welfare is promoted‚ with an emphasis on children being best looked after within their family. Schools have a greater duty of care‚ including ensuring there is no risk from the adult supervision within schools‚ one method to help ensure this is the data barring checks (DBS‚ formerly criminal records bureau‚ CRB). School
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Lush “Happy people making happy soap” EXECUTIVE SUMMARY Lush Marketing Plan Page 1 I. Situation Analysis Lush Products and Services: Creators of Lush have been working together to craft their handmade cosmetics since the 1970’s‚ but not under the name Lush. Luckily in 1994 the company was able to recreate itself and reopened its doors as Lush Inc. Their headquarters are in Poole‚ England where they really changed the bathing world by introducing the public to new bath products
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a large increase in spending by the government which was then followed by the financial crisis and the largest recession since WW2. • Recession reduces the tax take because people are unemployed and they are not paying income tax. Businesses are not making profits and therefore they are not paying as much corporation tax. • Therefore the tax take falls at the same time as your spending rises because you are paying out more in benefits for example for people who are unemployed. • Therefore recessionary
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Unit 3 Assignment 1: Homework Short Answer 5‚ 6 p. 71 5. What two things must you normally specify in a variable declaration? You must specify the variable type and identifier. 6. What value is stored in uninitialized variables? Some languages assign a default value as 0 to uninitialized variables. In many languages‚ however‚ uninitialized variables hold unpredictable values. Algorithm Workbench Review Questions 3-10 p.71 3. Write assignment statements that perform the following operations
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Table of Contents Executive Summary 2 Foreword 3 1 A - Political 4-6 Environmental 7 Social 8 Technological 9 Micro-environment 10-13 Competitive analysis 14-15 1 B - SWOT analysis 16 Strengths 16-17 Weaknesses 17 Opportunities 17-18 Threats 18 2 Barclaycard ranking table 19-21 3 - A and B 22 Ansoff’s Matrix 23-25 Porter’s five force analysis 25-27 4 - Updates
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characteristics of the UK economy‚ fiscal‚ monetary and competition polices can impact on an organisation. Within this report I hope determine in detail all the characteristics of the UK economy‚ government fiscal and monetary policies and how each one effects on the Tesco PLC organisation. I plan to give a clear and comprehensive look into each of the factors which build the UK economy and analyze and evaluate with strong evidence of application to theory throughout the report. The UK subscribes to
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INTRODUCTION In this essay‚ I will examine the factors that determine the price of houses in UK housing market. Firstly we will have a look the past and the recent history of UK housing market. The UK housing market has been booming in the past few years‚ with prices rising much faster than household incomes. After its dramatic crash in the early 1990s‚ the UK housing market has staged a remarkable recovery.1 In the early 1980s widespread financial deregulation raised the availability of mortgage
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