Small business tax rate

Share to Twitter Share to Linkedin How can small business owners set themselves up to avoid burnout? originally appeared on Quora : the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Charlene Walters, PhD, Business Mentor, Consultant, Corporate Trainer & Author, on Quora : It is very common for entrepreneurs to experience burnout, particularly solopreneurs who are doing everything all by themselves. I’ve had many clients come to me as they neared that point. When it comes to burnout, however, half of the battle is just being aware of its prevalence and actively trying to protect oneself from it. To that end, here are some of the actions that I recommend business owners take to prevent burnout: Guarding their schedules. The most successful entrepreneurs focus on productivity and maximizing their time. Therefore, they are clever in terms of their … [Read more...] about How Small Business Owners Can Avoid Burnout

Share to Twitter Share to Linkedin Having worked with prospective business buyers and sellers for more than thirty years, one of the most frequent complaints I hear is about business brokers. It is common for buyers to bemoan the theory that business brokers do not respond to inquiries, they want an offer in place before they provide meaningful information, the add-backs that they propose do not make sense, and on and on the list goes. Yes, indeed it is true that many brokers are guilty of these infractions, but certainly not all. More importantly what I have learned is that buyers play an equal role, if not greater in the deficiencies of the business buying process. Understanding Their Role Business brokers do not represent buyers; unless they have been engaged and are being paid by them. They represent the seller or the deal. They are not your advisor. Their role is to provide information, answer questions, act as a buffer between the parties, and … [Read more...] about Business Buyers – Stop Complaining About Brokers

Share to Twitter Share to Linkedin Manuel O. Méndez, Chief Executive Officer of Quotient Limited . Each of us has the power to make a positive impact on the lives of others. When I was learning about value-creation strategies at the beginning of my postgraduate studies, I found myself thinking about how every interaction—be it with colleagues, family, mentors or even members within our wider community—is a value-creation exercise. But what is value creation? The concept in business 101 is simple: It’s a process that turns resources into something that meets the needs of others. Amazingly, I was lucky enough to not only learn about this concept in theory but could also witness it in practice from some of my mentors. My father was the first person in my life who projected an air of inspiration that I quickly picked up on. He inspired me to think big and help others do the same along the way. I also met someone early on in my career who was the … [Read more...] about Four Sure-Fire Ways To Become A Value Creator In Your Business Or Community

Representative image. Banks are likely to raise interest rates on Fixed Deposits (FD) because of impending competition from a new savings scheme announced in Budget 2023 that offers an annual rate of 7.5 percent, experts said. The Mahila Samman Savings Certificate will provide a competitive interest rate of 7.5 percent on deposits maturing after two years. Experts said banks will have to keep a check on how this plays out for them and work on their FD rates. “Banks are playing smart by providing high interest rates for selective tenures, which has partially worked out for them. But they are likely to work on hiking interest rates for FDs,” said Chandan Sinha, former executive director of the Reserve Bank of India. Other than the new scheme, experts said banks may see some competition for deposits in the coming months from the existing Senior Citizen Savings Scheme and Monthly Income Account Scheme that saw an enhancement in deposit limits from Budget 2023 . “The … [Read more...] about Banks likely to hike FD rates in line with new savings scheme in budget 2023, experts say

Mindspace Business Parks REIT has raised Rs 100 crore debt for working capital requirements. In a regulatory filing, Mindspace Business Parks REIT informed that it has completed an issuance of commercial papers of Rs 100 crore for a maturity of three months at an interest rate of 7.2 per annum. The funds will be utilised towards the working capital requirements of Mindspace REIT's asset SPVs (special purpose vehicle). Loan to value of Mindspace REIT stood at 16.8 percent as on September 30, 2022. In September this year, capital markets regulator Sebi allowed Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) to issue commercial papers. The move would enable REITs an additional short-term fundraising avenue through shorter tenor instruments at a potentially lower interest cost and swifter timelines. "After successfully exploring capital market fundraising through issuance of multiple debentures, we are glad to be the first Indian REIT to … [Read more...] about Mindspace Business Parks REIT raises Rs 100 cr debt for working capital requirements

Share to Twitter Share to Linkedin As the COVID-19 pandemic recedes many medical testing services businesses have been diversifying and bringing to market new products aimed at the growing health and wellbeing market. For example, blood and DNA testing and screening services. The VAT status of these new offerings is not always clear and recent VAT case-law, and commentary issued by HMRC, leaves some grey areas for interpretation, with risks for tax compliance. One of the considerations when innovating and developing new products is the question of whether or not the contemplated supplies fall under the VAT exemption for medical care. As with all exceptions to standard rating, the medical care exemption is applied narrowly and has a series of conditions that all have to be met. There is also a ‘cliff-edge’ in the impact between having to account for VAT (at the standard rate of 20% in the UK) and exempt treatment; the possible addition of 20% VAT either makes … [Read more...] about Medical Testing Services – Tax Considerations Of New Activities

RBI Governor Shaktikanta Das If you thought the good news stopped with the Budget 2023 slashing the tax burden on individuals, think again. The budget proposals are also likely to help stop the interest rate hikes by the Reserve Bank of India that have been raising your EMIs since last year. The Budget’s fiscal rectitude would be music to the ears of the members of RBI’s interest rate-setting panel. Finance Minister Nirmala Sitharaman not only met her deficit target for the current fiscal year and announced a lower target for the next but she also said that she would stick to the medium-term aim of below 4.5 percent of the GDP. The RBI’s monetary policy committee, which has been waging a war on red-hot inflation over the last year, is widely expected to raise interest rates by another 25 basis points when it meets February 6-8. The panel has raised interest rates by 225 basis points since April 2022. In October, the central bank failed to meet its inflation mandate after … [Read more...] about How Budget 2023 paves the way for RBI to pause rate hike after February

Adani group Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Fitch Ratings says there is no immediate impact on the ratings of the Fitch-rated Adani entities and their securities following the Hindenburg Research report alleging malpractices at India’s Adani group, and expects no material changes to its forecast cash flow. There are also no near-term significant offshore bond maturities – earliest in June 2024 for Adani Ports and Special Economic Zone Limited (APSEZ, BBB-/Stable); December 2024 for Adani Green Energy Limited Restricted Group 1 (AGEL RG1, BB+/Stable); and 2026 or beyond for all other entities – reducing refinancing risks and near-term liquidity risks. “Our ongoing monitoring will be looking closely at any major changes to the rated entities’ access to financing or cost of financing on a long-term basis, … [Read more...] about No immediate impact on Adani entities’ credit profiles from Hindenburg report: Fitch Ratings

Bank of England, London (File image: Reuters) The Bank of England raised interest rates by half a percentage point Thursday as it sought to tame double-digit inflation that is fueling a cost-of-living crisis, public-sector strikes and fears of recession. The bank’s monetary policy committee voted 7-2 to push its key rate to 4%, approving the 10th consecutive rate increase since a post-pandemic surge in the world economy and Russia’s war in Ukraine drove inflation to 40-year highs. Economists suggest this may be the last big rate increase for Britain’s central bank as inflation begins to slow. “The extent to which domestic inflationary pressures ease will depend on the evolution of the economy, including the impact of the significant increases in Bank Rate so far,” the bank said in a statement. “There are considerable uncertainties around the outlook.” The U.S. Federal Reserve has already started tapering its response, boosting its key rate by just a … [Read more...] about Bank of England hikes rates by half-point to tame inflation

The NFO for Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund opened on January 27. The Reserve Bank of India (RBI) on February 3 set a coupn rate of 7.26 percent for the new 10-year benchmark government bond maturing in 2033, raising Rs 12,000 crore. The coupon set on the new benchmark bond is similar to the coupon set on the previous 10-year benchmark bond. “This could be due to easing yields on the bonds after the budget,” said a dealer with a state-owned bank who spoke on condition of anonymity. Also read: Government bond yield eases post expected market borrowing figures The 10-year benchmark government bond is the pricing benchmark for the sovereign bond yield curve and is usually the most liquid paper in the secondary market for government debt. Read More Government bonds are the pricing reference for a vast variety of credit products in the economy, including corporate debt. Prior to this auction, the RBI has set 12 paise … [Read more...] about RBI sets 7.26% coupon rate for new 10-year benchmark government bond