Watching the money-go-round
Article Abstract:
The United Kingdom voluntary sector is considering a consultation document from the Treasury on reform of the tax system for charities. Charities are highly taxed although they carry out a welfare and educational role similar to that of the government. They have been affected by a move to indirect taxation and by the end of advance corporation tax income which effectively means that their dividend income will be taxed. This change affects the investment strategies of charities and means that they may have to take on higher risks with their investments.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Beware the yield that promises too much
Article Abstract:
UK investors should beware of using corporate bond personal equity plans (Peps) for a high income since this will mean erosion of capital. In the long term capital erosion will also affect income. High yields may involve higher risk levels or assets in a foreign currency likely to fall in value. Fund managers are divided as to how fees should be levied. Some argue that fees should be offset against income from Peps. while others, a minority, are in favor of charging against the capital invested.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Putting their money where their mouth is. The trick of tracking
- Abstracts: Reading the runes from Omaha. Insurance deal lacks premium rating. Cox adds engine power
- Abstracts: Waging war on equity returns. Why investors should beware the L-word
- Abstracts: Change from the chancellor. Charges of the discount brigade. Trusts with a taste for the esoteric
- Abstracts: Hunting for lost shares. How hot tips turn into lame ducks