Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.


Sole proprietorship: A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit. The owner operates the business alone and may hire employees. A sole proprietor has unlimited liability for all obligations incurred by the business, whether from operating costs or judgments against the business. All assets of the business belong to a sole proprietor, including, for example, computer infrastructure, any inventory, manufacturing equipment, or retail fixtures, as well as any real property owned by the sole proprietor.
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
Do not include any child that receives a benefit in their own name, such as Income Support, income-based Jobseeker's Allowance, income-related Employment & Support Allowance or Universal Credit. Do not include any child that is in care or that the local authority is paying you an allowance to look after, for example, a fostering allowance. You do not qualify for child related benefits for these children.
The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company. A company, on the other hand, is a separate legal entity and provides for limited liability, as well as corporate tax rates. A company structure is more complicated and expensive to set up, but offers more protection and benefits for the owner.
The Australian Business section is published in The Australian daily to provide a national perspective coupled with in-depth analysis from the nation's leading business journalists. Only The Australian provides exclusive content from The Wall Street Journal, MarketWatch, The Times and Dow Jones Newswires along with expert commentary from leading industry journalists.
If you are a care leaver and you are aged over 18 and under 22, you may be exempt from the rules that stop some 18-21 year olds getting the Housing Element of Universal Credit to help pay for their rent. If you are a care leaver living in private rented accommodation, your Housing Benefit (or Housing Element of Universal Credit) may be based on you needing one bedroom in a self-contained property. If you think you qualify, you should click ‘yes’.
you received an advance or assistance from the Government of Canada or any of its agencies, a provincial or municipal government, or any other authority and an arrangement has been taken with EI for the deduction. Your consent must be given in writing to the deduction and payment by EI. Example: you received an advance from a Social Services agency while waiting for your EI benefits to start;

Australian Potash has harvested 11 tonnes of potassium rich salts in its first harvest pond at the Lake Wells sulphate of potash project in the Goldfields region of WA. Once the third and final evaporation step is completed, a blend of salts from all three harvest ponds will be processed to a refined a sulphate of potash product at the company’s pilot processing plant.
Accounting is the measurement, processing and communication of financial information about economic entities[15][16] such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494.[17] Accounting, which has been called the "language of business",[18] measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators.[19] Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.

Lithium Australia has hit a major milestone with the successful production of lithium ion battery cathode powders and lithium ion batteries using lithium phosphate produced directly from mine waste courtesy of its proprietary “SiLeach” process. The company managed to bypass the need to produce high-purity lithium hydroxide or carbonate, which could significantly reduce the cost of battery manufacturing.
A short note to express my thanks to you and your organisation upon the successful completion of the sale of my business. You may not have been aware of it but before you listed the business was listed with another broker who although introduced 3 prospective buyers was unable to close the sale. It therefore came as some surprise to me that you’re able to sell the business to the first prospective buyer whom you introduced. It was as though they had all but decided to buy my business before they had actually inspected it!.
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Financial services businesses include banks, brokerage firms, credit unions, credit cards, insurance companies, asset and investment companies such as private equity firms, private equity funds, real estate investment trusts, sovereign wealth funds, pension funds, mutual funds, index funds, and hedge funds, stock exchanges, and other companies that generate profits through investment and management of capital.
If you knowingly withhold information, make misleading statements, or misrepresent the facts to make a false claim for benefits, this is considered misrepresentation. You could face severe monetary penalties or prosecution. This could also affect your future benefits. However, if you disclose your actions to Service Canada before an investigation begins, we may waive any monetary penalties and prosecutions that might otherwise apply.
One measure we take to enforce this rule is to compare EI information with information from the Canada Border Services Agency. If we find you have been out of the country while collecting benefits, we will determine whether you were entitled to receive those benefits. If you were not entitled to receive them, we will calculate how much we overpaid you, and you will then have to repay the benefits.
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