Catastrophe Response –
In April 2016 new rules were introduced regarding the taxation of dividends and the notional ‘Dividend Tax Credit’ was abolished. While the new system is much simpler and more akin to the taxation of other incomes, the below demonstrates how it could lead to individuals manipulating how they extract income from their companies to minimise their tax liability, which could, in turn, impact the assessment of pre- and post-incapacity earnings for the purposes of assessing an income protection claim.
On a typical day, there is a wide variety of different tasks to be completed, from preparing calculations to writing reports to attending meetings, interacting with owners of a range of businesses, senior claims professionals from the insurance industry and various representatives from the legal profession.
In the Los Angeles Times, Hank Kahrs takes on a question about potential mismanagement of a board's finances.
Since its launch in August, Samsung’s rollout and subsequent recalls of the Note 7 have been severely affected by quality and safety issues as a result of the lithium-ion batteries overheating, and in some reported incidents, even catching fire.
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