Research and determine the key legal responsibilities and liabilities of all of the managers and directors...
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Research and determine the key legal responsibilities and liabilities of all of the managers and directors in the four (4) business structures below; 1. Sole traders-Sole trader 2. Trust Trustee 3. Company - Board Member/Director and Financial Controllere 4. Partnership - Partner You must focus on the following four (4) areas: • taxation - how much tax you pay and the types of taxation payable, record keeping requirements, • licencing and business registration, Insurances Research and determine the key legal responsibilities and liabilities of all of the managers and directors in the four (4) business structures below; 1. Sole traders-Sole trader 2. Trust Trustee 3. Company - Board Member/Director and Financial Controllere 4. Partnership - Partner You must focus on the following four (4) areas: • taxation - how much tax you pay and the types of taxation payable, record keeping requirements, • licencing and business registration, Insurances
Expert Answer:
Answer rating: 100% (QA)
1 Sole Trader Taxation Sole traders are taxed at individual income tax rates They are personally responsible for all taxes related to their business R... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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