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What do you think could be lacking in the Owner’s self-devised accounting system?

Investigative plan 1. Give short answers for the following questions: (12) i. What is the difference between proactive and reactive investigations? ii. How would you differentiate between the weighted and unweighted solvability factors. iii. Goal – setting and planning is very important for the soundness of an investigative process. Why? iv. Outline the major goals […]

Briefly summarise the workings of three such alternative schemes, highlighting what benefits each might provide, and any potential adverse consequences which they might confer.

INCOME TAX Normal Rates Dividend Rates Basic Rate £1 – £37,500 20% 7.5% Higher Rate £37,501 – £150,000 40% 32.5% Additional Rate £150,001 and over 45% 38.1% Savings income nil rate band – Basic rate taxpayers £1,000 – Higher rate taxpayers £500 Dividend nil rate band £2,000 A starting rate of 0% applies to savings […]

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