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Details. Gift Aid allows individuals who are subject to UK income tax to complete a simple, short declaration that they are a UK taxpayer. Any cash donations that the taxpayer makes to the charity after making a declaration are treated as being made after deduction of income tax at the basic rate (20% in 2011), and the charity can reclaim the basic rate income tax paid on the gift from HMRC.
The pound ( sign: £) is the main unit of sterling, [4] and the word pound is also used to refer to the British currency generally, [5] often qualified in international contexts as the British pound or the pound sterling. [4] Sterling is the world's oldest currency in continuous use since its inception. [6]
t. e. In economics, a gift tax is the tax on money or property that one living person or corporate entity gives to another. [1] A gift tax is a type of transfer tax that is imposed when someone gives something of value to someone else. The transfer must be gratuitous or the receiving party must pay a lesser amount than the item's full value to ...
v. t. e. A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in ...
From January 2008 to June 2012, if you bought shares in companies when James J. O'Connor joined the board, and sold them when he left, you would have a -37.5 percent return on your investment, compared to a -9.8 percent return from the S&P 500.
May 25: Product: Facebook announces that it is shutting down Facebook Exchange (FBX), its desktop ad exchange. The reasons cited include that FBX makes a very small share of Facebook's ad revenue, and that it is of limited utility because is purely desktop-based, and any successful ad campaign must include mobile, that people are increasingly ...
Based on market exchange rates, the UK is the sixth-largest economy in the world and the second-largest in Europe by nominal GDP. Its currency, the pound sterling , is the fourth most-traded currency in the foreign exchange market and the world's fourth-largest reserve currency (after the United States dollar , euro , and yen ). [270]
John Winston Ono Lennon [nb 1] (born John Winston Lennon; 9 October 1940 – 8 December 1980) was an English singer, songwriter and musician. He gained worldwide fame as the founder, co-lead vocalist and rhythm guitarist of the Beatles. His work included music, writing, drawings and film. His songwriting partnership with Paul McCartney remains ...
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