Gratuity Trust Fund Consultant on LinkedIn: Gratuity Trust Fund Consultant (2024)

The main rate of primary Class 1 National Insurance contributions is reduced from 12% to 10% with effect from 6 January 2024. Read this article to find out what this means for employees and directors.Read Here:- https://lnkd.in/e-aGQXDGSanjay K Sah, ACA, FCCA Makesworth Tax Advisers Makesworth Hampshire Ltd Makesworth Accountants#accounting #accountant #nationalinsurance #ukbusiness #uk

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"🔔 Major changes in the world of #InsuranceAccounting! 🌐 IFRS 17 is set to revolutionize how we recognize insurance contract profits - shifting the focus to service delivery over premium receipt. 📈 Dr. Dawkins Brown of Dawgen Global says, 'IFRS 17 provides a transparency upgrade, enabling stakeholders to understand profitability more accurately.' 👍Greater clarity, meaningful comparisons between companies, and improved investment decisions are just a few benefits we can expect. It's a game-changer for investors, pension funds, and shareholders alike! 👥 Stay tuned for more insights! 💼Learn more :https://lnkd.in/eSnNgG8k #IFRS17 #FinancialReporting #InsuranceIndustry #dawgenglobal #pensionplanning #pensionfunds

RDSBL's Lecturer in Financial Management, Nisha Prakash, provided expert commentary for Sage UK on the changes to National Insurance occurring in 2024. Discover what employees and those who are self-employed can expect by reading the piece here: https://bit.ly/3u0VXM2

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To all of my accountant & bookkeeper contacts, if you're not already a part of our Lifecycle network then it's definitely about time you were... Membership is free and comes with a variety of fab benefits for your business & lets you offer a number of specialist services to your clients. Give me a shout if you would like any more information or would like to join our network.We have the rockstar that is tax expert Giles Mooney back this coming Thursday 7th hosting his Spring Budget Update following the Chancellors accouncement - Register now to make sure you don't miss out 📝✅️#leonardcurtis #lifecycle #accountants #businesssupport #cpdtraining

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The Australian accounting profession is overall in good shape in terms of their physical, mental and financial wellbeing however there are signs of sthttps://lnkd.in/gT877xqd #accountants #accounting #mentalhealth #ppsmutual

National Insurance credits can help qualifying applicants fill gaps in their National Insurance record. This can assist taxpayers to build up the numberof qualifying years of National Insurance contributions which can increase the amount of benefits a person is entitled to, such as the State Pension. #NIC #NICcredits

Happy to let you know that our paper on taxation of variable annuities embedded with minimum guarantee benefits has just been accepted for publication at ASTIN Bulletin: The Journal of the IAA. You can find the paper here: https://lnkd.in/e2JaYbzA This is joint work with my colleagues Michael Sherris, Samuel Harishan Thirurajah and Jonathan Ziveyi. We consider two taxation regimes: one where capital gains are allowed to offset losses and a second where gains do not offset losses.We show that the regime under which the insured is taxed significantly impacts prices. If losses are allowed to offset gains then this enhances the market, increasing the policyholder’s willingness to participate in the market compared to the case when losses are not allowed to offset gains. With fair fees from the policyholder’s perspective, we show that the net profit is generally positive for insurance companies offering the contract as a naked option without any hedge. We also show how investment policy, as reflected in the Sharpe ratio, impacts and interacts with policyholder persistency.

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National Insurance credits can help qualifying applicants fill gaps in their National Insurance record. This can assist taxpayers to build up the numberof qualifying years of National Insurance contributions which can increase the amount of benefits a person is entitled to, such as the State Pension. #NIC #NICcredits

National Insurance credits can help qualifying applicants fill gaps in their National Insurance record. This can assist taxpayers to build up the numberof qualifying years of National Insurance contributions which can increase the amount of benefits a person is entitled to, such as the State Pension. #NIC #NICcredits

#Self reflection#I am very proud of being part of the first release of the Interim Accounts under IFRS17/9.Uncountable hours of testing, reviewing the outcome, connecting/correlation among new IFRS17 the disclosures, implementing control framework in the whole IFRS17/9 process from beginning to end value chain. Along all these years, I have worked with exceptional, knowledgeable colleagues (at Group and BUs). Without all the teamwork, it could not be possible :). #NN#strongresults#greatplacetowork#

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