If you have a new car, you’ve probably wondered how much your car tax will be. You can avoid sticker shock by researching the tax on your new car. Vehicle tax is calculated on the selling price of the vehicle, plus the documentation fee. Aftermarket options and accessories are also taxed. The tax rate for most vehicles is $4.57 per $100 of assessed value, but there are exceptions. If you’re not sure about the tax…
"How Much Is My Car Tax?"Category: Finance
An equipment financial statement is a report that details how your business uses certain pieces of equipment. The equipment is typically a long-term physical asset that you purchase or lease. Its placement on the financial statement depends on how the equipment was acquired, whether you bought it outright or leased it, and the lease arrangement. If the equipment was bought outright, the equipment should be listed on the balance sheet, while the related expenses should…
"What Is an Equipment Financial Statement?"When you want to buy health insurance, you may have heard about the insurance exchange, or health insurance marketplace. These are organizations set up by each state to help people buy health insurance. These exchanges offer affordable health care coverage. However, there are many questions that need to be answered before deciding whether an exchange is right for you. Hopefully, this article will help you make the right decision. Here are some of the most…
"Is an Insurance Exchange Right For You?"What is comprehensive coverage? This is the highest level of motor insurance coverage in the United Kingdom, and it’s far cheaper than Third Party, Fire and Theft’ Cover. In most cases, you’ll be better off choosing this level of cover anyway. So, what is comprehensive coverage and how do you get it? Read on to find out! Listed below are some of the main benefits of comprehensive coverage. To read more, please click the links…
"What Is Comprehensive Coverage?"The Income Tax Department has been a leader in promoting good governance for several years now. The department interacts with a large segment of the population on a yearly basis, and it has played an integral role in improving citizen satisfaction levels of the government. Sevottam, a model for good governance, is being implemented by the Income Tax Department. The department also periodically publishes a Citizen Charter, which describes the standards of service that it…
"The Income Tax Department Issues the Tax"You may have heard about the Financial Times, which began as a news sheet from the City of London. The Financial Times eventually became one of the world’s most reputable newspapers, printed on salmon-colored paper. It chronicled crucial financial events throughout history, and the archive is comprehensive and unbiased. Whether you are researching a specific company or just curious about the trends that shaped the financial world, the Financial Times archive is a great resource.…
"The Bank of Canada’s Finance Archives"There are many benefits to using recurring automated payments, both for your customers and for your business. Not only does it reduce your need to deal with late payments and follow-up emails, but you’ll also save time in your accounts department! Not only does automated payment processing save you time from manually verifying and mailing receipts, but you can also avoid late payments altogether! Here are just a few. – A stable cash flow for…
"Benefits Of Using An Automated Payment System"The global decentralized Foreign exchange market (FX) facilitates international investment, trade, and currency conversion. The exchange rate, or price of one currency in terms of another, is determined by the supply and demand for each currency. The currency exchange rate is available for trading on a spot market, or electronically via an automated order matching system. It is a global market, operating around the clock from Sunday evening to Friday afternoon. It is important to…
"The Global Decentralized Foreign Exchange Market"Financial accounting is the process of recording and reporting the economic effects of transactions. In other words, when cash is received or paid, the financial effects are recorded in the financial statement. This principle applies to revenue and expenses. Revenue is recognized when the entity earns them, and expenses are recognized when they are paid. The matching principle also applies to interest, which is recognized when paid between the purchase of a fixed income security…
"What Is Financial Accounting?"LIC Housing Finance Limited is one of the largest providers of mortgage loans in the country. Its registered office is in Mumbai. The company is a subsidiary of the LIC insurance corporation. The company provides various mortgage loan products, including home loans, refinancing, and debt consolidation. However, there are some things to keep in mind before applying for a home loan. The following are some of the key benefits and disadvantages of LIC housing finance.…
"Key Benefits and Disadvantages of LIC Housing Finance"