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      YTD
  NY DJIA 23,358 18.19%
  NY NASDAQ 6,783 26.00%
  London FTSE 7,381 3.33%
  Tokyo Nikkei 22,262 16.47%
  Shanghai SSE 3,392 4.39%
  Frankfurt DAX 12,994 13.18%
  Paris CAC 40 5,319 9.40%
  Singapore SGX 3,387 17.59%
  Malaysia KLSE 1,718 4.67%
  Thailand SET 1,717 11.27%
 
    USD EUR
  GBP 0.76 0.89
  JPY 112.07 131.67
  EUR 0.85 -
  USD - 1.17
  CNY 6.63 7.79
  CAD 1.28 1.50
  AUD 1.32 1.55
  HKD 7.81 9.18
 
      YTD
  Gold $1,290.80 12.16%
  Brent Crude $62.59 13.88%
  Silver $17.16 4.38%
  Platinum $943.48 -0.89%
  Natural Gas $3.07 -6.35%
  Wheat $439.75 8.31%
   
    Updated On 20-11-2017
 
Glossary of Terms
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Tangible assets
If an asset can be physically touched, it is a tangible asset.
Tax allowance
Taxpayers are given tax allowances to reduce the amount of tax they have to pay. The allowances are taken off their income before the tax is worked out.
Tax avoidance
Reducing tax bills by using legal means is called tax avoidance.
Tax code
The Inland Revenue work out the allowances for each taxpayer paying PA YEo The total allowances are converted into a code number which is used with tax tables to work out how much tax should be taken from the income.
Tax credit
When companies pay dividends they send each shareholder a dividend warrant. The warrant shows the amount of the dividend and also a figure for a tax credit. For basic-rate tax payers the tax credit covers the income tax due on the dividend.
Tax evasion
Breaking the law to reduce tax bills (such as by concealing income) is called tax evasion.
Tax month
The tax year is split up into 12 monthly periods. The first tax month starts on 6 April and finishes on 5 May and the other 11 months start on the 6th and finish on the s" of the following month.
Tax point
The tax point is the date when value added tax arises on goods or services supplied (or made available) to a customer. The tax point should be displayed on invoices.
Tax return
The Inland Revenue sends these forms out to taxpayers each year. Income and gains for the year are declared on the form and certain allowances are claimed. There are fines and penalties charged by the Inland Revenue if the returns are sent in late, incomplete or incorrect.
Tax voucher
This is the same as a dividend warrant.
Next
 
 
Oct 2017
German fund inflows for 2017 already ahead of last year
Oct 2017
Zinc is dull but useful, and it’s in short supply – it’s time to buy!
Mar 2017
Confidence among European and global fund managers is increasing, with many seeing European equities as undervalued as the macro landscape improves.
Feb 2017
A 17-year bear market is over. The next two to three years could be the best time in decades to be invested in the UK stockmarket. Expect the FTSE 100 to smash through 8,000 - maybe even run on to 10,000.
 
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