affected the evolution of the law of employment relations and labour law in employment contract due to its foundations in the master and servant relation. With respect to the employer-employee relationship, employees are classified in employment relationship until the natural expiration of the term or the contract
Interest rate policy is one of the more important instruments of macroeconomic management. The rate of interest performs several functions in an economy. It is a reward for saving, affecting how an income earner allocates his income between present and future consumption. Van Wijnbergen, S. (1983a) ‘Interest Rate Management in LDCs’, Journal of Monetary Economics, 12: 433–52 CrossRef Google Scholar Van Wijnbergen, S. (1983b) ‘Credit Policy, Inflation and Growth in a Financially Represses Economy’, Journal of Development Economics , 13: 45–65 CrossRef Google Scholar to the exchange rate one step removed, only after fluctuations in the rate affect inflation or real output (Taylor, 2001; Clarida et al., 2001). Including the exchange rate directly in the interest rate rule serves no useful purpose and risks creating confusion in the public’s mind about whether control of inflation
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This video is unavailable. Watch Queue Queue. Watch Queue Queue The Welsh Revenue Authority (WRA) is responsible for collecting and managing Land Transaction Tax (LTT), which replaced Stamp Duty Land Tax in Wales last year. LTT works similarly to the old stamp duty system, but the Welsh Government has set the thresholds for the tax bands at different rates. The Scottish Parliament announced a new system to replace Stamp Duty named Land and Buildings Transaction Tax. Check the new rates for Scotland and calculate any tax due. 3rd December 2014. New reforms of charging were introduced in the Chancellor's Autumn statement with higher bands for more expensive properties. Notes:
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