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Four capital gains tax concessions for small businesses have been available since 21 September 1999. 15-year exemption. Exemption from CGT for an owner who had a small business for 15 years and is selling due to retirement (must be over 55 years old) or due to permanent incapacitation. 50% active asset reduction.
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Individuals paid capital gains tax at their highest marginal rate of income tax (0%, 10%, 20% or 40% in the tax year 2007/8) but from 6 April 1998 were able to claim a taper relief which reduced the amount of a gain that is subject to capital gains tax (thus reducing the effective rate of tax) depending on whether the asset is a "business asset ...
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Hire purchase. A hire purchase (HP), [1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
In 2017, Fintrax Group acquired Planet Payment, a leading provider of international and multi-currency processing services, for $250 million. [11] It also announced the acquisition of GB TaxFree, the third largest tax refund provider in the UK, for £15 million. [12] In 2018, The company is rebranded Planet. [13]