The total annual return on an investment which includes dividend payments and capital gains/losses. Not included are transaction costs and taxes. An obligatory return, submitted annually to the Registrar of Companies, detailing information about a company’s operations including business description, details of directors and company secretary, and share capital, etc.

The diagram below shows key stages in planning your L&D resource. Step 1—see Precedents: L&D costs, Business case for learning and development, L&D policy—staff survey, Learning

1 General information Date of this report [Insert date] Date of last report [Insert date] Name and status of person submitting report [Insert name and status, eg nominated officer)] 2 Action points arising from last report Action point Person responsible Status [Action point] [Identify person

Annual tax on enveloped dwellings is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000.

What is the annual tax on enveloped dwellings? The annual tax on enveloped dwellings (ATED) was introduced as part of a package of measures aimed at making it less attractive to hold high-value UK residential property indirectly, eg through a company, in order to avoid or minimise taxes such as stamp duty land tax (SDLT) on a subsequent disposal of the property. The other measures included in the anti-avoidance package relating to high-value UK residential property include: • the single higher rate of SDLT on the acquisition of high-value UK residential property for non-natural persons (NNPs) (for further details, see Practice Notes: Rates of SDLT and Single higher rate of SDLT for high-value residential property transactions), and • prior to 6 April 2019, a capital gains tax (CGT) charge on sales of high-value UK residential property by NNPs (abolished from 6 April 2019) (for further details, see Practice Note: Capital gains tax charge on ATED-related gains [Archived])) When does ATED apply? The provisions enacting ATED are set out in Part 3 of the

The average return over a given period scaled up or down to an annual figure.

The individual to whom an annuity is paid.

Before 6 April 2015, members entitled to money purchase benefits (also known as defined contribution (DC) benefits) had limited retirement options, namely: • getting a scheme pension • drawdown, or • buying a lifetime annuity The purchase of a lifetime annuity was the most common retirement option, especially as the other two options were only available: • if the member's scheme permitted them (a rare thing in practice), and • in the case of drawdown, if the member satisfied certain conditions On 6 April 2015, pension freedoms were introduced to widen the retirement options available to DC members and members with other 'flexible benefits' (eg members with cash balance benefits). Not only did drawdown become more widely available, but it also became possible for members with flexible benefits to take their pensions pot as one or more lump sums, known as 'uncrystallised pension fund lump sums'. For further information, see Practice Notes: Pension freedoms—an introduction [Archived] and Uncrystallised funds pension lump sums (UFPLSs). This Practice Note considers annuities, their regulatory and legal regime,

A series of regular payments, usually payable for the life of the annuitant.

Pensions analysis: The Deputy Pensions Ombudsman has rejected a complaint about the payment of an annuity. Martin Scott of gunnercooke LLP looks at the decision.

A lump sum benefit paid following the death of a scheme member who died before age 75 and was in receipt of either a lifetime annuity or scheme pension under a money purchase arrangement, and which does not exceed the limits imposed through paragraph 16, Schedule 29, Finance Act 2004.

The amount of (usually monthly) income payable depending on several factors such as interest rates, retirement age, health and sex. The rate at which a pension fund is converted into regular pension payments. For example, a £6,000 annuity from a pension fund of £100,000 has a 6% annuity rate.