The Principle Law Of Online Moneymaking Ventures

Submitted by: silverfox

The Principle Law Of Online Moneymaking Ventures There are two ways to earn money in the real world. Either you will work for a boss, or be your own boss. Working for a boss entails employment of some nature, in an establishment that has some need for the services you could provide. Being your own boss entails having your own business and facilitating the production of some goods or the distribution of some services. Either way, you'll earn your keep (or at least, you should). It's the basic law of making money, you have to give or render something to receive something in return. When it comes to making money online, it's the same principle at work. You have to give or render something to receive something in return. And yes, you could work for a boss, or you could be your own boss. The opportunities are there in the World Wide Web. The choice is yours. The first question in your mind, most probably, is this: could I really earn a living online? The answer to that question is an emphatic "yes!" But let me explain, dear friend. I am not referring to some ordinary opportunities that would reward you with measly earnings that won't even be enough to purchase a happy meal. Oh, most definitely not. I am talking about REAL opportunities that would help you earn REAL money in the World Wide Web. The things you will learn in this series of email lessons would make you realize that the virtual world is just as profitable, if not more lucrative, than offline ventures. Based on my experience, it is more profitable to have your own business on the internet. Case in point: I personally know 34 people who live comfortable lives by working for someone else via the communication channels that the internet has made possible, but I also personally know around 200 people who have made it big online without having to work as much as those who have decided to render their services for hire. By "big", I mean big time big! I'm talking about a yearly gross in the high six digits, if not over the magical 7 digit barrier! And I'm just talking about the people I "personally" know, people I have befriended and people I have mentored at some point. What more the people outside my circle, right? But first, we must cover the basics. Tell me, what's the common thing that can be observed in any business? The answer, of course, is that you have to sell something. What you will be able to sell would be your bread and butter. It will be the source of your profits. You can't earn if you can't offer anything for a particular market. You may offer them some goods or some services, which they would need or want. This is related to the driving principle of the commercial world: the law of supply in demand. This principle is quite easy to understand. The lower the supply, the higher the demand. This is the lesson I want you to learn: you can't make money from the real world without delivering something, be it some goods or some services. And you can't make money from the internet without delivering something as well. It's the basic business model at work. Using what we have discussed so far as basis, we could formulate an outline for your online business plan, one that would allow you to cover the basic concepts and advance to more complicated ones. Here are the things you have to learn, eventually: 1. How to find a profitable market. 2. The different types of products you could sell. 3. How to create your own information product. 4. How to create unconventional products that can be digitally delivered. 5. How to come up with products without having to go through the process of creation. 6. How to build your own digital store. 7. The basics of search engine optimization. 8. The basics of article marketing. 9. The basics of forum marketing. 10. How to make a blog work for your business. 11. How to price your product. 12. How to employ novel packaging techniques to make your product highly sellable. 13. Cross-selling and back-selling items for sustainable profit. I am not exaggerating when I tell you that you'd be able to earn an amount that might rival and even surpass what you earn from your day job. The Internet, after all, has always been a secret breeding ground for millionaires. Master the basics we have enumerated above and you will be able to realize the extreme profitability an online moneymaking opportunity can truly offer.

Understanding What a Personal Injury Lawsuit Is

Submitted by: NeonX

If you have been hurt or injured in some way you may be considering consulting a personal injury lawyer to collect damages. If your injuries are the result of neglect or the deliberate actions of another, you may have a case for a personal injury lawsuit. There are several different types of personal injury cases, however, and knowing if your situation meets the criteria is a good start.The four most common types of Personal Injury lawsuits are:Assault & Battery. This is when you are attacked deliberately by another individual and injured. In civil cases, assault is merely the threat of harm (waving a gun for instance), while battery is when the person actually makes physical contact with you. The contact doesn't have to be made by body to body. Throwing a rock at you can be battery. A personal injury attorney can determine the difference between the two for you and how much you can collect in damages. Generally, how much you will be able to collect hinges on the severity of the injuries although you can collect some damages even if you aren't hurt. Simply spitting on someone can be considered personal injury.Car Accidents. There are so many different reasons for auto accidents that you really need a personal injury attorney to review your case as soon as possible. It may seem very clear that the other person was at fault, but there are many factors to consider, including:* Driver distraction or intoxication* Poorly designed or maintained roads (which may indicate government liability or local maintenance liability)* Road debris left by other motorists who did not properly maintain their vehicles* Vehicle defects, including faulty brakes, tires or other mechanical failure A personal injury lawyer will carefully study the accident report, your account of the accident scene and eyewitness testimony to determine who is at fault and to what degree to make sure you are pursuing your case against the proper individuals or entities. Defective Products. Personal injury attorneys refer to lawsuits involving defective products as product liability suits. These cover any kind of injury caused while properly using a manufactured product. Product liability laws serve two purposes – protecting consumers from dangerous products and making sure manufacturers and distributors are held responsible for making quality, safe products. There are various types of claims a personal injury lawyer may consider in your case, including:* Design defect – The product was poorly designed so that when used properly for the purpose intended it is dangerous.* Manufacturing defect – The manufacturer is at fault for some flaw in how the product was made so that it does not hold up properly under normal wear or usage.* Marketing defect – If the instructions cause confusion or there are not proper warning labels on the product that could reasonably contribute to injuries.Negligence. This covers so much territory that it can be difficult to determine what does or does not meet the requirements unless you are a personal injury lawyer specializing in this type of litigation. Negligence can be anything from a slip and fall accident on a merchant's cracked and uneven sidewalk to severe injuries from a dog attack by a neighbor's unleashed pet.With so many factors involved in determining what is and isn't a personal injury case and how to determine who is at fault, you should never waste time before contacting a good personal injury attorney. It can mean the difference between suffering without compensation and having someone on your side to fight for your rights under the law.

A Brief Note On Vat Laws Of United Kingdom.

Submitted by: jobs2india
Liability to value added tax (VAT):- VAT is charged on the value of supplies of taxable goods and services made in the UK, including some exports to EU countries. It is also chargeable on imports of goods from outside the EU.The main rates are zero and 17.5%, but a few supplies are charged at 5%.Registration:- The supply of any goods and services, which are subject to VAT at any rate are called taxable supplies whether you are VAT registered or not. All traders must register for VAT if they make taxable supplies which exceed the set limits. Where the value of taxable supplies in the previous 12 months was more than £61,000, or is likely to exceed this annual limit within the next 30 days, the trader has to register within 30 days. Failure to notify on time attracts penalties.The VAT system:- A registered trader must charge customers output VAT on any sales. The value of input VAT can be offset against output VAT and the excess output VAT is paid over to Customs and Excise. Where there is an excess of input VAT, tax may be reclaimed.Some input VAT cannot be reclaimed:- 1. Purchases of motor cars, except cars bought wholly for business purposes. 2. Business entertainment expenses. Most businesses have to account for VAT at the date that the invoice for the supply is raised. However, traders can claim VAT bad debt relief on debts more than six months old that have been written off.Traders with a turnover of not more than £660,000 may account for VAT on a cash basis rather than an invoice basis, thereby obtaining automatic relief for any bad debts. This limit is due to be increased to £1,350,000 probably from 1 April 2007, subject to EC approval.Exempt supplies:- Certain supplies are exempt from VAT. Output VAT is not charged on such supplies and, in principle, input VAT attributable to such supplies cannot be reclaimed (or the claim is restricted). Relatively small businesses may be able to reclaim all their input VAT - even for their exempt supplies. The input VAT attributable to their exempt supplies must not exceed £7,500 a year and must be no more than half the VAT on all their purchases. 1. Exempt supplies include: insurance, finance, health, education, and burial and cremation services. 2. In general, leases and sales of non-domestic land and buildings, other than newly built ones, are exempt, unless the option to tax has been exercised. 3. A taxable person may choose to charge output VAT on supplies of existing buildings and land (including rents) that are not used for residential or charitable purposes. 4. Sales of new buildings are standard-rated unless they are used for residential or charitable purposes.Zero-rated supplies:- If a business makes zero-rated supplies, it does not charge VAT on supplies but can reclaim input VAT. Zero-rated supplies include : 1. Most food and some drinks - but not catering, restaurant meals or hot take-away food. 2. Domestic supplies of water and sewerage. 3. Books and most other publications. 4. Sales of new residential buildings and buildings for use by charities. 5. Supplies of services by contractors when constructing new residential buildings or buildings for charities. 6. Alterations to some buildings where listed building consent is needed. 7. Public transport of passengers. 8. Drugs, medicines and aids for the disabled. 9. Clothing and footwear for children. 10. Exports of goods and certain services to non-EU countries. Reduced rate supplies:- Some supplies are charged at a rate of 5%. They include: 1. Domestic power and fuel and certain energy, saving materials for residential or charitable use 2. The grant funded installation of heating equipment and the connection of a mains gas supply in the sole or main residence of an individual aged 60 or more or in receipt of social security benefits. 3. Woman's sanitary protection products. 4. Children's car seats. 5. Cycle helmets. 6. Conversions of residential property into a different number of dwellings, certain conversions into care homes or multiple occupancy dwellings, and certain renovations or alterations of property that has not been lived in for three years. EU single market:- Where sales are made to businesses that are registered in other EU countries, the supplier need not charge VAT. 1. The customer's VAT number must be shown on the sales invoice.jobs2india. 2. The customer is then responsible for accounting for output VAT on the goods on its own VAT return, but may claim input VAT if the goods are for use in making taxable supplies.convert2cad. 3. However, output VAT must be charged on sales to private individuals in other EU states. Where such sales exceed that state's registration threshold, the trader must register for VAT in that state. btassociate.Collection of VAT:- Registered traders normally have to submit VAT returns, and pay any VAT due, every three months. 1. Traders who regularly reclaim VAT from Customs and Excise may apply to submit monthly returns. 2. Some large companies have to pay monthly. 3. Tax on imports from outside the EU has to be paid at the time of importation, unless special arrangements are set up. 4. Traders with a turnover of £1,350,000 a year or less can complete annual returns only, making nine monthly VAT payments on account, with a final payment due along with the year-end return. 5. Very small businesses can simplify their accounting by applying to pay VAT at a flat rate on total turnover without deducting input tax. The business must have taxable turnover (including exempt supplies) up to £150,000 and total turnover of not more than £187,500. The rate is determined by trade sector. 6. Penalties are charged for late or incorrect VAT returns. 7. A default surcharge of between 2% and 15% of the VAT payable is charged where returns are late. 8. A penalty of 15% is charged for serious or persistent misdeclarations. 9. Interest can also be charged on VAT paid late.