Thursday, May 14, 2020
Teenage Pregnancy The Preventable Health Issue - Free Essay Example
Sample details Pages: 3 Words: 875 Downloads: 1 Date added: 2019/04/05 Category Society Essay Level High school Tags: Teenage Pregnancy Essay Did you like this example? Introduction Teen pregnancy occurs most often in southern states, or areas that dont teach safe sex, or abstinence only. As technology has advanced, teenagers have been able to look online for information that they are not taught in school, so teen pregnancy in the United States has decreased a lot in the last few years (CDC). Many teenagers arent taught safe sex, so they dont know how to prevent pregnancy or STDs (National Campaign). Donââ¬â¢t waste time! Our writers will create an original "Teenage Pregnancy: The Preventable Health Issue" essay for you Create order More programs are needed in schools and in communities to teach those who dont know about STDs and pregnancy. Explain the Health Issue According to Peskin, the best way to prevent teen pregnancy is by teaching TPP (teen pregnancy prevention) (Peskin) The problem is that a lot of these programs dont get funding, especially in southern states where religion plays a bigger role in communities. It has been proven that areas with these prevention programs have fewer rates of teen pregnancy then areas without it. Parents talking to their teenagers early on about safe sex has also been proven to help prevent pregnancy (National Campaign, 2011). Teen Pregnancy and STDs are statistically lower in rates in areas that teach safe sex, most teenagers are going to try it no matter what, so if they are taught how to stay safe, it can help the spread of STDs and teen pregnancy. Individual Level Teen Pregnancy mainly impacts the individual. Teen pregnancy is a public health concern because teen mothers are more likely to experience negative social outcomes, including school dropout (CDC, 2012). Of the 1.3 million of students that dropped out of school in 2012, 30% claimed it was because of pregnancy or parenthood (Muckle, 2012). By age 22, only around 50 percent of teen mothers have received a high school diploma and only 30 percent have earned a General Education Development (GED) certificate, whereas 90% of women who did not give birth as an adolescent receive a diploma. Only about 10 percent of teen mothers complete a two- or four-year college program (Adverse Effects, 2011). Without an education nowadays, it is very hard to find a good job that can support yourself, and to include children, it is even harder. These teen mothers are putting a pause on their lives in order to care for their child. This could mean giving up on school, or putting a delay on school in order t o care in order to be a mom. Population Level The problem of teen pregnancy has an impact on both the individual and the population. There is no single cause for the rising rate of adolescent pregnancy, but rather a combination of factors. These can generally be grouped under biological factors, societal factors, personal attitude and/or needs, ignorance, misunderstanding when it comes to sexual matters, and problems innate in modern contraceptive methods (Hechtman, 2006). Teen pregnancy can cause consequences including health, economic, and emotional outcomes for the parents and the child. Teen pregnancy costs U.S. taxpayers about $11 billion per year due to increased health care and foster care, increased incarceration rates among children of teen parents, and lost tax revenue because of lower educational accomplishment and income among teen mothers (Adverse Health, 2011). The population is affected by teen pregnancy because teenage mothers arent able to provide for their children, so they need to get support from the governme nt. Conclusion Teen pregnancy can be a preventable health issue if it was understood and educated to everyone. Abstinence only education has been proven to not be completely effective since teenagers will still get curious and experiment. Since they were only taught abstinence as sex education, they arent aware of how to preform safe sex, and they could end up pregnant or with an STI/STD. Teen pregnancy has the ability to derail a teenagers life, forcing them to drop out of school or not reach their potential because they have to take care and afford a baby. Many teenagers are unable to support a family financially, costing taxpayers millions of dollars for healthcare, foster care, etc.. Safe sex needs to be taught in schools in order to help prevent disease, infection and pregnancy. References Adverse Effects. (2011). Retrieved from https://youth.gov/youth-topics/pregnancy-prevention/adverse-effects-teen-pregnancy Centers for Disease Control and Prevention. National Vital Statistics System: birth data. https://www.cdc.gov/nchs/births.htm. Accessed September 25, 2018. Gosling, B. (2017). Adolescent pregnancy. Retrieved from https://www.unfpa.gov/adolescent-pregnancy Hechtman, L. (2006). Teenage mothers and their children: Risks and problems: A review. Retrieved from https://www.ncbi.nlm.nih.gov/pubmed/2670180 Muckle, G. (2012). The Drop Out Crisis and Teen Pregnancy. Retrieved from https://www.progressivepolicy.gov/blog/the-drop-out-crisis-and-teen-pregnancy/ Melissa F. Peskin, Belinda F. Hernandez, Efrat K. Gabay, Paula Cuccaro, Dennis H. Li, Eric Ratliff,Kelly Reed-Hirsch, Yanneth Rivera, Kimberly Johnson-Baker, Susan Tortolero Emery and Ross Shegog, (2017) Using Intervention Mapping for Program Design and Production of iCHAMPSS: An Online Decision Support System to Increase Adoption, Implementation, and Maintenance of Evidence-Based Sexual Health Programs, Frontiers in Public Health, 5, (2017). Prepregnancy Contraceptive Use Among Teens with Unintended Pregnancies Resulting in Live Births Pregnancy Risk Assessment Monitoring System (PRAMS), 20042008. (2012). Retrieved from https://www.cdc.gov/mmwr/preview/mmwrhtml/mm6102a1.htm The National Campaign to Prevent Teen and Unplanned Pregnancy. Counting it up: the public costs of teen childbearing: key data. (2011) https://www.thenationalcampaign.org/costs/pdf/counting-it-up/key-data.pdf.
Wednesday, May 6, 2020
Personality Tests for Business Organizations - 3607 Words
The Value of HRM to Business Organisations Section 1 This essay will evaluate the literature available on the value of the selection method of personality tests to business organisations. These tests measure individualââ¬â¢s responses to what are usually fixed choice questions to uncover characteristics that have important implications for their job performance (Beardwell and Claydon, 2007). Personality tests were first reviewed in a personnel selection context in 1965 (Guion and Gottier, 1965) but it is only recently that they have become popular with around 30% of companies using them (Heller, 2005), particularly for candidates applying for managerial and graduate jobs within the top companies in the UK (Faulder, 2005; Newell, 2005:â⬠¦show more contentâ⬠¦Iles and Salaman (1995) have argued that these measures are stronger predictors than had previously been thought but there have been many limitations of studies demonstrating its predictive value. Armstrong (2006) points to the need to have tests which are sensitive, stand ardised, reliable and valid in order for them to be considered effective. It has also been suggested that instead personality tests should be used as part of a two way process whereby results are discussed during interviews to consider how an individual would deal with certain situations (Newell, 2005). This would perhaps help manage the limitation that individuals feel pressurised into giving a ââ¬Ërightââ¬â¢ answer and therefore fake their responses to a personality test. Throughout these debates there is the reoccurring theme of the need for reliability and validity in personality tests, as with any other selection method a business organisation may adopt. Here it is important that the method is consistent in its measures both throughout the personality test itself and should the personality test be applied to individuals over time. Furthermore, the predictive value will be heavily affected if no clear relationship is established between the tests results and job performance (Newell, 2005). In conclusion, from the literature review it isShow MoreRelatedPersonality Theories And Internet Testing1061 Words à |à 5 PagesPersonality Theories Why has personality theories and internet testing created so much interest in the hiring process? Can you judge a person s ability to perform the work just by giving them a personality assessment? Not always, but in the process of hiring many organizations can rely on personality theories and testing, which helps the process of pre-selection. Personality theories help measure, cognitive ability, knowledge, and personality of potential candidates. Employers today use preââ¬âassessmentRead MoreTypes Of Personality Tests Out There844 Words à |à 4 Pagesare many types of personality tests out there. Some of them are better than others. These tests are used to help determine the different personality types. Many employers use these tests to help place new employees. They also use them to help determine if an employee will work out or not. It can be important to know your own personality type. Understanding how you learn and what type of jobs might be best for you can be very helpfu l in your own life. Many employers use tests like the one foundRead MorePersonality and Decision-Making Essay1686 Words à |à 7 PagesPersonality and Decision-Making Organizations have evolved into a team structure. So, the ability to collaborate with others and make effective decisions to meet business objectives is paramount. Thus, personality has a significant impact on whether business objectives are met. Hence, understanding the personalities of potential and existing employees is important. Thus, while a discussion on personality theory can be broad an overview of how personal and self-assessment tests are used to measureRead MoreOrganizational Behavior Comparison Between JPMorgan and Morgan Stanley1771 Words à |à 7 PagesOrganizational Behavior Morgan Stanley is a multinational financial service corporation in America. It operates in 42 countries having more than 1300 offices and about 60,000 employees. Being a broad and diversified business it provides all kinds of financial support and services in the major markets of the world. JP Morgan Chase Co is a multinational banking corporation of investment, security as well as retrial. When it comes to assets it is the largest in the United States. It is a financialRead MoreI Am A Moderate Activist, Strong Preference Reflector, Low Preference Theorist And Moderate Pragmatist Essay1333 Words à |à 6 PagesAccording to this test I am a moderate activist, strong preference reflector, low preference theorist and moderate pragmatist. My scores can be seen in Appendix E. 6. Mindful Attention Awareness Scale The mean score of my test is 3.86. Though the above show results in various dimensions of a personality, they are never 100% reliable. Certain choices in a question are obvious about checking the right answer but not the honest one. Many organizations carry out tests like this before recruiting a personRead MoreHiring Process - Recruitment Selection1287 Words à |à 6 Pagesqualified people for a job at an organization or firm, or for a vacancy in a volunteer-based some components of the recruitment process, mid and large-size organizations and organizations often retain professional recruiters or outsource some of the process to recruitment agencies. External recruitment is the process of attracting and selecting employees from outside the organization. It is a process of stimulating people to apply for vacant positions of an organization. In other word, recruitment isRead MoreHow Personality Affects Employees Behaviors, Attitudes, And Performance At Work1537 Words à |à 7 Pagesemployee has different personalit y. Personality can affect peopleââ¬â¢s attitudes, behaviours and job performance. Therefore, it is very essential for a company to consider and measure employeesââ¬â¢ personality. Purpose The purpose of this essay is to explain how personality affects employeesââ¬â¢ behaviours, attitudes and performance at work, how personality is measured by organisations. And using academic evidence, argue it is valuable for organization behaviour scholars to conduct personality testing before hiringRead More2005 Organizational Behavior. Essay. . . . . . . . . .1475 Words à |à 6 PagesWords: Personality is an independent existence that affects a single body and mind, shows each person s unique ability, thoughts, emotions and behavior (Liebert, R. M. Liebert, L. L., 1998). It affects the behavior and response of the individual to the social and physical environment. In these features, some people are completely unique, such as their memory, habits, eccentric and some are similar or the same with the others. In this case, personality can be judged by some personality traits,Read MoreThe Value Of Personality And Values1199 Words à |à 5 PagesPersonality and valuesâ⬠¦everyone has them. Each plays a crucial role that makes us unique and sets us apart from everyone else. Values are the foundation on which an individualââ¬â¢s personality sits. Values lie within a personââ¬â¢s core. Itââ¬â¢s a belief system as to what is right, good, wrong, or bad, also known as ethics. Values have two attributes, content and intensity. Content defines the importance and i ntensity measures the importance and forms their value system. Values can be classified a littleRead MoreManagement Functions And Functions Of Management Essay1529 Words à |à 7 Pagestheir purpose for the organization. The four functions of management are planning, organizing, leading, and controlling. The planning function establishes a way to attain the desired objectives, resolve issues and facilitate action. The purpose of the planning function is to align the vision, culture, employees and the organizational structure with the strategies, and this involves multiple levels across the organization. Ultimately, planning is a needed function for business success (Huff 2009)
The Changed Definition Of Marriage - 1592 Words
The Recently Changed Definition of Marriage On June 26th, 2015, the United States Supreme Court voted to legalize same-sex marriage nationwide and in doing so, rattled the belief system of many Christians around the country. Many took to social media and with the terror and panic of Chicken Little cried, ââ¬Å"The sky is fallingâ⬠, while others lashed out in hateful speech towards the lawmakers and the homosexual community that celebrated their newly given liberty. As Christians begin to look toward the future with a new definition of marriage put into effect before the country, many begin to question what this will mean for the next generation of believers and for the church moving forward. While the federal government may revise the definition of marriage, as outlined in the constitution, it does not have the ability to change the truth of scripture or the definition of marriage outlines within. The argument brought before the Supreme Court was to eliminate the ban on same sex marriage that was still held by thirteen states. This was done as part of a lawsuit called Obergefell versus Hodges. Court documents outline that, ââ¬Å"14 same-sex couples and two men whose same-sex partners are deceased, filed suits in Federal District Courts in their home States, claiming that respondent state officials violate the Fourteenth Amendment by denying them the right to marry or to have marriages lawfully performed in another State given full recognition.â⬠(United States Court of Appeals)Show MoreRelatedDefinition of Marriage Essay804 Words à |à 4 Pageswith respect to the definition of marriage. To get married is a very important event for almost everyone. Particularly for women, marriage and giving a birth could be the two major events of their lives. Andrew Sullivan and William Bennett are authors who are arguing about homosexual marriage. Sullivan believes in same-sex marr iage because he thinks everyone has a right to marry. On the other hand, Bennett speaks out against Sullivanââ¬â¢s opinion. Bennett makes a claim that marriage is between a man andRead MoreLegalization of Same-Sex Marriage1446 Words à |à 6 Pagessame-sex marriage hits new high; half say Constitution guarantees rightâ⬠). They have formed organizations, gone to court, and rioted all over the nation; but they are still being denied the simple right to marry (The Gay Rights Movement). Redefining marriage will allow all Americans access, regardless of sexual orientation, to rights given to heterosexual couples without serious social, financial, or legal detriment to society. Those who are against legalizing gay marriage feel that marriage is notRead MoreModern Family Myth Essay1153 Words à |à 5 PagesBefore complying with the definition of how the traditional family should be, we must be able to first define what a marriage truly is. Marriage as defined by the Merriam-Webster dictionary is ââ¬Å"the intimate or close union of two individualsâ⬠, though the definition seems stable enough it isnââ¬â¢t the only definition of marriage and the idea of marriage itself is actually quite wide spread as we see in Evan Wolfsonââ¬â¢s ââ¬Å"What is Marriage?â⬠Wolfson mentions in his article that marriage is sometimes for love butRead MoreChanging Family Patterns And Family Life Essay1502 Words à |à 7 PagesWhat do we define as a family? Is the legal definition of a family the same as a single personââ¬â¢s definition of family? We consider an adopted child to be part of a family, but only after a lengthy legal process that can tear famili es apart in the process. The definition of family is ever changing and ever evolving. From Kathleen Gerson and Stacy Torres essay Changing Family Patterns and Family Life, Katherine Schultenââ¬â¢s article on the changing definitions of family, Arlie Russell Hochschildââ¬â¢s The SecondRead MoreCompare and Contrast Two Views of Gay Marriage Essay815 Words à |à 4 PagesSullivan had written supporting gay marriage in America. Bennett started out by first issuing two key points as to what divides the proponents and opponents of same-sex marriages. The two articles are derived from Sibylle Gruberââ¬â¢s Constructing Others: Constructing Ourselves edition. Bennett notions that legalizing same-sex marriage would weaken the meaning of it and outlines what the basic concept of marriage is. Throughout the article Bennett argues why same-sex marriage should not be legalized by movingRead MoreSociety s View Of Homosexuals1469 Words à |à 6 Pagesbecause same-sex couples now shar ed equal rights with straight couples (Makarenko, 2007). There are many events within society that lead to this legalization, such as the unjust imprisonment of Everett Kilppert. Societyââ¬â¢s view of homosexuals has changed drastically since the 1960ââ¬â¢s, when homosexuality was an incriminating offence, according to Makarenko. This criminalization was irrational and unfair, and thus created conflict within society. This conflict made it difficult for society to functionRead MoreAustralian Law Reform Commission :990 Words à |à 4 Pageslegalized gay marriage. Since this approval there has been new debate as to where Australia stands on same-sex marriage. The amount of same-sex couples in Australia increased by 32% from 2006 to 2011 and 70% of the Australian nation believe that Australia should allow the right to same-sex marriage. Before the Marriage Amendment Act 2004 by the Howard Government, there was no previous definition of Marriage in the 1961 Act and the definition was based on common law. The definition changed by the HowardRead MoreTraditional Marriage Has Changed Over The Centuries1166 Words à |à 5 PagesTraditional marriage is a marriage between one man and one woman. Also, it is a form of marriage recognized in a given country or religious group. Traditional marriage has been in jeopardy since the traditional concept of marriage has changed over the centuries. One reason why traditional marriage is in jeopardy is because same-sex marriage has increased, especially because itââ¬â¢s legal in the USA. Another reason traditional marriage is in jeopardy is the acceptance of high divorce rate. TraditionalRead MoreWhy Marriage Is Important?1004 Words à |à 5 PagesDefining Marriage ââ¬Å"Youââ¬â¢re going to regret itâ⬠, ââ¬Å"Are you sure youââ¬â¢re ready?â⬠, ââ¬Å"Donââ¬â¢t do it!â⬠These are a couple phrases used by family members or close family friends daily when speaking to an engaged couple soon to be married. Yes, various amounts of congrats are given however more than often marriage is referred to as a negative word and sparks up negative thoughts and conversations. Why marriage in todayââ¬â¢s society viewed as a negative act? It is well known that not all marriages are ââ¬Å"happilyâ⬠marriedRead More Gays Have a Right to Marry Essay779 Words à |à 4 Pageshappen, then there would be a better understanding of gay relationships and their want to get married. This would more then likely lead to the ending of the ban on gay marriages. In his essay ââ¬Å"Let Gays Marryâ⬠, Andrew Sullivan, who happens to be a homosexual male, tells of how he feels that gays should not be denied the privilege of marriage. In the essay Sullivan says â⬠Itââ¬â¢s the same reason anyone wants to get marriedâ⬠about why gays want the right to marry. He feels that if you find the person you love
Things Fall Apart by Chinua Achebe free essay sample
An essay review of the book Things Fall Apart by Chinua Achebe set in late 19th century Nigeria, in the midst of colonialism. This review compares the relationship between Okonkwo and his father, Unoka, in the novel Things Fall Apart by Chinua Achebe. The author discusses the similarities and difference between the father and son with specific examples and how their relationship impacted Okonkwos life. The paper consists of an introduction with thesis, body with quotes, and conclusion. The central character of the story is Okonkwo, a wealthy and respected warrior of the Umuofia clan, part of a consortium of nine connected villages of the Igbo tribe. Okonkwo is an influential clan leader whose hard work and bravery in war have earned him a high status within his clan. He was feared among neighboring villages and within his own home as well. Okonkwo was haunted by his late fathers reputation. We will write a custom essay sample on Things Fall Apart by Chinua Achebe or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Unoka had died a debtor, owing many villagers. He had spent his life poor and idle, preferring music and conversation to war and status.
Tuesday, May 5, 2020
Taxation - Theory - Practice & Law Capital Loss of Assests
Question: Discuss about the Taxation, Theory, Practice Law for Capital Loss of Assests. Answer: Case 1: The capital gain or capital loss happens due to sale of capital assets. The understanding of capital assets and the valuation of the assets is completely dependent on nature of assets. The assessment of Capital gain or capital loss is calculated from the difference between historical cost of the assets sold and the sale price. If the sale price is higher than the acquisition cost of the asset then theincome generated out of the sales is to be considered as capital gain. The capital gain tax is a income tax but tax implications are different from regular income. There are some exceptions and rules regarding assessment of capital gains are contained in various sections Income Tax Assessment Act 1997 to be discussed below(Yourinvestmentpropertymag, 2016). The revenue nature of income is different from capital gain, therefore capital gain or capital loss cannot be adjusted against normal income. The revenue income will not be clubbed with capital income for tax calculation. The capital losscan only be adjusted againstfuture capital gains from sale capital assets. If the capital loss cannot be adjusted in the same accounting year, then the capital loss can be carried forward to the next year. According to the income tax act, personal assets are almost exempt from the capital gain tax. The CGT is not applicable for those assets on which depreciation is charged. It is important to understand the fact that Australian tax resident earns from the sale of property situated other place then Australia, gain on the sale of the assets will be taxed as capital gain tax in Australia(Pwc, 2013). According to Australian Income Tax act, residential house sold by assesses is not considered as the capital assets. The profit from the sale proceeds is not capital gain. The income from the sale of assets is neither considered as capital gain or normal income. The single dwelling house is not covered under capital assets but there are some criteria that will have to be fulfilled. The resident taxpayersdwelling property is under tax exemption from capital gain tax arising out of sale of the property. There are some important considerations that will have to be covered, including the fact that the individual has to dwell or live on that property. There person has to reside at the property. The property has not been used for the business purpose even in part thereof. The address of the property shall match with the electoral roll of the assessee. The other address proofs like electricity bill and the gas connection shall also substantiate the fact that this is only the dwelling property of the assesse(Koulizos, 2016). The exemption will be allowed from capital gain tax in full provided the resident fulfilling the following criteria; The assessee and his family own the house for the full financial year. The property is not in any way being used by the assessee to produce assessable income- and the person has not used any part of the property for use of business. The land area is below two hectares or less of the property. Here the case is however not part of the exemption but it is more relevant to the fact of assessment of the tax. The sale of real estate can also be considered as normal business income, if the property was bough and developed with the intension to make profit out of the investment. Here in this case the factor is considered different and the assessment is completely based on capital gain tax. There is exemption allowed in case the property is inherited by the assessee. The property is inherited but considering the fact that property was residence of the person who left it to the current owner. The assessee needs to keep record of cost incurred during handover of the property(Yahoo, 2016). In this problem the assessee had incurred loss from investment in shares. The loss from the investment is capital loss and that loss can be carried forward to the next year and can be deducted from the capital gain. Shares are sold either generates income or generate loss is to be treated as capital gain and it becomes subject to capital gain tax. Using Indexation Sale Proceeds $800,000 Less: Purchase Price $100,000 Stamp Duty $2,000 Legal Fees $1,000 $103,000 Improvement Cost $20,000 Index March, 1987 $45 August, 2015 $108 January, 1990 $56 Sale Proceeds $800,000 Less: Index cost of acquisition $245,563 Less: Indec cost of Improvement $38,434 Taxable Capital Gain $516,003 Less: Loss on capital gain $10,000 Total taxable capital gain $506,003 Tax on Capital gain Tax on 180000 $54,547 After 180001 to 516002.92 $146,701 Tax Payable $201,248 Discount Method Tax on 180000 $54,547 Tax on Rest $225,000 Total Tax $279,547 50% Exemption $139,773 The capital gain assessment can either be done on the basis of indexation or the discount method can be used to calculate capital gain. The discount method will be applied if property belongs to a trust and to a society or to any person. Under the discount method capital gain tax is reduced by 50%. Here in this case, Fred is a resident who signed a contract to sell his holiday home in the Blue Mountains in August last year. The sale was settled in February this year when Fred received $800,000 from the purchaser. Fred incurred legal fees of $1100 (Inclusive of GST) and real estate agents commission of $9,900 (Inclusive of GST) in relation to the sale(Workingin-australia, 2016). The holiday home in March 1987 for $100,000 and paid $2,000in stamp duty on the transfer and $1000 in legal fees. In January 1990, Fred engaged a builder to build a garage on the property for $20,000. Case 2: The fringe benefit tax is nothing but the extra monetary benefit or benefit in kind, which can be valued in money is provided to the employee as a recognition of his ability and loyalty. Fringe benefit is a different kind of facility apart from salary and wages paid to the employees, the nature of the benefit cannot be equaled to or shall not be considered as salary or wages. The Australian income tax act has definition for fringe benefit, according to the definition and fringe benefit tax rules benefit provided to the respect of employment. There are effective ways to calculate fringe benefits provided to the employee. The calculation of benefit provided to the employee in course of employment will be calculated in comparison to the market value of the benefit provided to the employee. If employee has benefited from it the benefit amount will be considered as taxable income and to be taxed according to the normal income tax rate(Ato, 2016). This offers an employee to use a work car for the private purpose. Work car for private purposes Offering cheap loan employee's gym membership By way of free tickets to concerts Foods at restaurants and accommodation facility Reimburses an expense incurred by an employee incurred by an employee(Ato, 2016) The benefits provided in respect to the employment and the use of those facilities is mainly for work is not considered as fringe benefit. The computers, laptops and mobile phone given to the employee to be used for the work related purpose will also not be used will not be considered as fringe benefit and hence will not be taxed. There are specific exemption limits mentioned in the income tax act and the exemption will be disallowed once the benefits are used primarily for office purpose and later on for the personal reasons(Ato, 2016). The benefits which are not considered as employment benefits will be taxed in the hands of the employee. The cheap loan provided to the employee will be taxed to the extent the loan is enjoying interest free benefit or low interest rate. The taxable value of the loan will not be considered as fringe benefit can be reduced in accordance with the income tax rules of Australia. The taxable value will be reduced to the extent the interest is paid against the loan. If the employee uses the loan for investment in fixed interest bearing instrument, the interest received from the instrument will be reduced by the amount of interest paid by the employee(Ato, 2016). Here in the case the company Periwinkle provided car to his employee Emma which she uses for work purposes. The cost price of the car was $33,000 (including GST). She travelled 10,000 kilometers in and the car expenses incurred of $550 (including GST). Emma has never used that car for personal reasons. Emma's usage however is not restricted to work but she could have used it for personal purpose. In fact she has not used the car for her personal purpose. Therefore the facility provided to her not is considered as fringe benefit(Ato, 2016). Apart from the car the following facilities are also provided to Emma; Periwinkle provided Emma loan of $500,000 at an interest of 4.45%. the loan amount is used partially to buy holiday home worth of $450,000 and rest $50,000 she gave to her husband on interest free to purchase shares. Emma purchased a bathtub from Periwinkle for $1,300. The bathtub costs in the market at $2600 and company cost is $700(Ato, 2016). To calculate fringe benefit tax; first case is however tax exempt as car was used by Emma for official purpose only. This car use will not be considered under FBT. The use of lower interest loan from the company would be treated as the fringe benefit; 1 Calculate the taxable value of the loan fringe FBT Tax 28250 Deduction $500000 @4.45% 22250 6000 FBT Benchmark Interest Rate 5.65% 2 Interest rate charged on $50000 28250 at 5.65% 3 Employee paid interest equal to the amount of FBT Tax $450000 @ 5.65% 25425 4 Employee is being charged interest on the loan Taxable Amount more than $50000 2225 5 Subtract deductible amount 23200 step4 from amount in step 3 6 The taxable value is the result from 28250 step1 minus the result from step5. Less: Interest paid on purchase of Shares 2225 Total Taxable fringe benefit 26025 The taxable fringe benefit as calculated above would be $26025. Emma purchased a bathtub manufactured by Periwinkle for $1,300. The bathtub cost Periwinkle $700 to manufacture and is sold to the general public for $2,600. Therefore the tax amount will be added with another $1300 ($2600-$1300). Total taxable fringe benefit to Emma would be $27325(Ato, 2016). The fringe benefit tax rate for accounting yearending 31 March 2016 and 31 March 2017 is 49%. Emma will have to pay tax on $27325 @ 49% tax amount will be added apart from the tax calculation on her salary and other income. The tax liability of the employee would be increased significantly as she used the benefits provided to her and the benefits are being diverted for the use of personal purpose(Ato, 2016). Bibliography Ato, 2016. FBT exemptions and concessions. [Online] www.ato.gov.au Available at: https://www.ato.gov.au/General/fringe-benefits-tax-(fbt)/fbt-exemptions-and-concessions/ [Accessed 19 September 2016]. Ato, 2016. Fringe benefits tax rates and thresholds. [Online] www.ato.gov.au Available at: https://www.ato.gov.au/Rates/FBT/ [Accessed 19 September 2016]. Ato, 2016. How to calculate your FBT. [Online] www.ato.gov.au Available at: https://www.ato.gov.au/General/Fringe-benefits-tax-(FBT)/How-to-calculate-your-FBT/ [Accessed 15 September 2016]. Ato, 2016. Reduction in taxable value where interest would have been deductible to employee. [Online] www.ato.gov.au Available at: https://www.ato.gov.au/General/Fringe-benefits-tax-(fbt)/In-detail/Employers-guide/Loan-and-debt-waiver-fringe-benefits/?page=8#8_8_Reduction_in_taxable_value_where_interest_would_have_been_deductible_to_employee [Accessed 19 September 2016]. Ato, 2016. What is fringe benefits tax? [Online] www.ato.gov.au Available at: https://www.ato.gov.au/General/Fringe-benefits-tax-(FBT)/In-detail/Employers-guide/What-is-FBT-/ [Accessed 19 September 2016]. Ato, 2016. Work-related items exempt from FBT. [Online] www.ato.gov.au Available at: https://www.ato.gov.au/General/fringe-benefits-tax-(fbt)/do-you-need-to-pay-fbt-/work-related-items-exempt-from-fbt/ [Accessed 19 September 2016]. Business, 2016. Fringe Benefits Tax (FBT). [Online] www.business.gov.au Available at: https://www.business.gov.au/info/run/tax/fringe-benefits-tax [Accessed 13 September 2016]. Koulizos, P., 2016. What is Capital Gains Tax? [Online] www.realestate.com.au Available at: https://www.realestate.com.au/advice/what-is-capital-gains-tax/ [Accessed 19 September 2016]. Pwc, 2013. Australia: Legislation to remove 50% capital gains tax discount for foreign and temporary residents is now law. [Online] www.pwc.com Available at: https://www.pwc.com/gx/en/hr-management-services/newsletters/global-watch/assets/pwc-australia-removes-capital-gains-tax-discount.pdf [Accessed 19 September 2016]. Workingin-australia, 2016. Understanding Australian capital gains tax. [Online] www.workingin-australia.com Available at: https://www.workingin-australia.com/money-and-costs/tax/capital-gains#.V-KJ5fl97MU [Accessed 18 September 2016]. Yahoo, 2016. What % rate is capital gains tax in australia? [Online] au.answers.yahoo.com Available at: https://au.answers.yahoo.com/question/index?qid=20080209205535AAkTXFh [Accessed 18 September 2016]. Yourinvestmentpropertymag, 2016. Capital Gains Tax Estimator. [Online] www.yourinvestmentpropertymag.com.au Available at: https://www.yourinvestmentpropertymag.com.au/calculators/capital-gains-tax/ [Accessed 19 September 2016].
Saturday, April 11, 2020
Essay Topics For Your Seventh Grade English Class
Essay Topics For Your Seventh Grade English ClassIt can be hard to decide what essay topics to use for your seventh grade English class. While this may seem to be a difficult assignment, there are several resources that you can use to help you find essays and other writing assignments suitable for your class.One of the easiest and most common ways to find topics for your class is by using the free resources offered online. For example, many sites offer teacher resources, community resource lists, and homework assistance. These lists can be particularly helpful when you have a large group of students to choose from.For those who do not have large classes, you may want to check out the classifieds for a long list of essay topics. This list can often help you find assignments that are very specific and not general topics. You may also want to check out those blogs that specialize in a certain topic.You will also want to consider using an essay-writing software program to help you write better. Many of these programs include grammar checkers, spell checkers, and story-telling capabilities. Many also have a chat function, which will allow you to interact with others as you write.Of course, a grammar checker can make your work much easier, but it should not be your only tool. As long as you don't make it too easy, you will get better reviews from the teachers. If you do not think that you can write better, then consider buying a writing program.After using a program, you will want to practice it with several essay topics. When you do, make sure that you write about topics that you would be proud to use in a real-life situation. The practice exercises that the software will provide will also be valuable, because they will help you find the right way to write about that topic.There are a lot of resources available to help you find essays and other writing assignments that will be suitable for your eighth-grade English class. You may find it much easier to find a good o ne for your class if you use these tips.
Monday, April 6, 2020
Aristotle Essays (378 words) - Philosophy, Natural Philosophy
Aristotle Aristotle Aristotle was a Greek philosopher, educator, and scientist. He was one of the greatest and most influential thinkers in Western culture. He familiarized himself with the entire development of Greek thought preceding him. In his own writings, Aristotle considered, summarized, criticized, and further developed all the intellectual tradition that he had inherited from his teacher, Plato. Aristotle was the first philosopher to analyze the process whereby certain propositions can be logically inferred to be true from the fact that certain other propositions are true. He believed that this processor logical inference was based on a form of argument he called the syllogism. In a syllogism, a proposition is argued or logically inferred to be true from the fact that two other propositions are true. Aristotle also believed in a Philosophy of nature. In this he believed the most striking aspect of nature was change. He even defined the philosophy of nature in his book Physics, as the study of things that change. Aristotle argued that to understand change, a distinction must be made between the form and matter of a thing. He is even the man given credit for the idea of matter and form. Aristotle's philosophy of nature includes psychology and biology. In On the Soul, he investigated the various function of the soul and the relationship between the soul and the body. Aristotle was the world's first great biologist. He gathered vast amounts of information about the variety, structure, and behavior of animals and plants. Aristotle died in 400 BC leaving many great works and ideas behind him. From about 500 AD to 1100 AD knowledge of Aristotle's philosophy was almost completely lost in the West. During this period, it was preserved by Arabic and Syrian scholars who reintroduced it to the Christian culture of Western Europe in the 1100's and 1200's. Aristotle enjoyed tremendous prestige during this time. To some of the leading Christian and Arabic scholars of the Middle Ages, Aristotle writings seemed to contain the sum total of human knowledge. Aristotle's authority has declined since the Middle Ages, but many philosophers of the modern period owe much to him. The extent of Aristotle's influence is difficult to judge, because many of his ideas have been absorbed into the language of science and philosophy. Biographies
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