Category: Personal finance
The Isle of Man has a tax cap of £120,000
The Isle of Man, also known simply as Mann, is a self-governing crown dependency between England and Northern Ireland in the Irish Sea. Under ...
Metabo Law to decrease Japan’s obesity rates
In 2008 the Japanese Ministry of Health, Labour and Welfare introduced the ‘Metabo Law’ to decrease Japan’s obesity rates. The ‘Metabo law’ is, in ...
The UK has a bedroom tax!
In 2012 the United Kingdom (UK) introduced the bedroom tax to free up public housing (1 million spare bedrooms) and reduce the Government’s public ...
Marijuana tax
In the United States (US), the possession of cannabis is illegal under the Federal Controlled Substances Act of 1970. In contrast to the Federal ...
Illegal early access to super
To access your super legally, you must satisfy one of the twelve conditions of release. Generally, you can only access your super when you: ...
30% tax applies to super fund balances greater than $3m
From the 1st of July 2025, the future earnings of super fund balances greater than $3m will be taxed at 30%. Currently, these earnings ...
What does the Australian government spend your income tax on?
Percentages vary from year to year based on changes in government policy and the economy but most recently, the highest percentage of funds from ...
Protect your assets with a pedigree trust
A pedigree trust (also known as a linear descendant's discretionary trust) is a type of discretionary trust established to ensure that the property of ...
FBT exemption for retraining and reskilling staff
Employer expenditure on retraining and reskilling redundant (or soon to be redundant) employees is exempt from FBT. The education or training is not required ...
5 advantages of staff working from home
Having staff work from home reduces office space requirements and reduces rent. Additional advantages include: Increased talent pool - companies can hire the best ...