How do the poets compare the theme of Love - 3322 Words

How do the poets compare the theme of Love? In the poems â€Å"Sonnet 116† and â€Å"Sonnet 130† written by William Shakespeare, â€Å"La Belle Dams sans Merci: A Ballad† by John Keats, â€Å"My Last Duchess† by Robert Browning, â€Å"A Mother in a Refugee Camp† written by Chinua Achebe and â€Å"Valentine by Carol Ann Duffy, all have one main feature in common, they are about love. Albeit these poems are about love, they were written in different time periods, ranging from 1609 to 1993. I have decided to analyse these poem because of the fact that these poems all have a similar theme, the theme of love but were all written in the writers’ own style. The poem â€Å"My Last Duchess† was written in 1842 and was included in his Dramatic Lyrics collection of poems, which†¦show more content†¦I think it expresses how much the mother cared because in my opinion, rubbing is a very intimate act. Using the third person mode in this situation is better than first person because if it was written in first person, it would not have affected the readers as much because, when a person witnesses something, it seems to have a greater affect as it is someone else’s opinion on the event. Also, because it is someone else’s opinion, they see everything with a fresh set of eyes, rather than what the mother sees everyday, as it is what the mother believes is â€Å"normal†. Despite the fact that I have stated using first person is more emotive, in this case however, it isn’t. I think the third person narrative is more effective to show the love between a mother and her child because someone else is witnessing the maternal relationship, which in my opinion is the strongest type of love one can feel. Moreover, the purpose of this poem is directly related to the narrative mode used, because by using third person narrative, the writer is trying to make us relate to what others witnessed. It make the readers be in awe at how the mother and child living in the refugee camp had nothing but were still surviving as they had each other to lean on. In the poem written by Keats, he uses the setting of the scene to create a sad, lonely atmosphere in order to voice to the readers the love felt. I think he set it in the cold, bleak winter night because it makes the reader feel more sorrowShow MoreRelated Essay on Sonnet 130 and Passionate Shepherd To His Love822 Words   |  4 Pages Sonnet 130 and Passionate Shepherd To His Love nbsp; In William Shakespeares Sonnet 130 and Christopher Marlowes The Passionate Shepherd To His Love, the themes of unconditional love, opulent treasures, and vivid imagery are all conveyed throughout the poems but through different point of views. nbsp; The theme of unconditional love is expressed through the two poems. The poet proclaims his affection for her by telling his love that he will give her anything in the world if sheRead More17th Century 16th Century Poetry947 Words   |  4 PagesHow is the poetry of the 17th century different from the poetry of the 16th century? The poetry of the 16th century and the poetry of the 17th century were mainly lyrical. However, this similarity of expressing personal thoughts and feelings did not prevent major differences between both periods whether in themes or in structure. Poetry in Elizabethan time was based on courtly love conventions which included conceits and complements. Themes such as the unattainability of the lady, sleeplessnessRead MoreThe Eolian Harp Was A Unique Poem1435 Words   |  6 Pages To start off Coleridge wrote this poem in hopes to convey his love and appreciation towards his wife and towards his second love which was neither. To do so in a non-love poem type of way he talked about three different topics throughout the whole poem. One of these topics was the concept of sin and forgiveness. Sin and Forgiveness were a key component to show Sarah how much he truly did love her. Why? Well the poem talked about how Sarah seems to be this great gift which Coleridge received fromRead MoreSonnet 18 By William Shakespeare862 Words   |  4 Pagesbelieved by many to be one of the greatest love poems of all time. Like other sonnets, it is written in iambic pentameter form, consisting of four quatrains and a rhyming couplet. Shakespear ean sonnets are very good works of literature to assess. They all have a universal theme, uses of figurative language, and other useful tools to make his points all clear. In â€Å"Sonnet 18†, Shakespeare is showing his love and affection towards one other person. He compares her to several things that are temporaryRead MoreComparing Shakespeares Shall I Compare Thee to a Summers Day and Burns A Red Red Rose1154 Words   |  5 PagesPoetry Comparison There are certain themes and ideas which appear over and over again in literature, no matter what the genre or form. Poems which were written centuries apart can echo similar ideas about life and humanity. Love is one such theme which presents itself repeatedly as seen in the poetry of William Shakespeare and that of Robert Burns. Each poem, though written more than two hundred years apart, explains what it feels like for the poet to feel love for the singular object of their affectionRead MoreSummary of 3 Poems I Studied for Junior Certificate.788 Words   |  4 Pagesstudied is ‘Shall I Compare Thee?’ a sonnet written by William Shakespeare. It is number 18 of 154 sonnets that he has written. A sonnet usually consists of 14 lines but no stanzas, this sonnet also have a rhyming couplet. The theme of this poem is true beauty. In the poem, the poet examines summer as a metaphor for love. The poet believes that summer is not as similar to love, as you might expect it to be. This is clear because in the first few lines the poet asked â€Å"Shall I compare thee to a summer’sRead MoreWilliam Shakespeare and Edmund Spenser771 Words   |  4 Pagesthe two poets encompass different writing styles, as well as different topics that relate to each other in their own unique ways. In Shakespeare’s â€Å"Sonnet 18† and Spenser’s â€Å"Sonnet 75†, both poets speak of love in terms of feelings and actions by using different expressive views, allowing the similar topics to contain clear distinctions. Although Edmund Spenser’s â€Å"Sonnet 75† and William Shakespeare’s â€Å"Sonnet 18† relate in the sense that love is genuine and everlasting, Spenser suggests love more optimisticallyRead MoreLet Me Not The Marriage Of Tr ue Minds By William Shakespeare And Entre Nous By Neil Peart962 Words   |  4 PagesShakespeare and â€Å"Entre Nous† by Neil Peart are two extremely powerful poems. The poems are compelling because of their themes, tones, the dictions of the poets and the structures. Despite both of them being enthralling, they have as many differences as they do similarities. The two poems have similar themes but different tones, they both use a number of poetic devices yet they do not use the same ones and although they may both send similar messages to the audience, the two texts have very differentRead MoreShakespeare Sonnet 18 Comparison993 Words   |  4 PagesIn this paper we will be analyzing and comparing some of Shakespeare’s famously known sonnets. William Shakespeare was an English poet, playwright and actor. He was widely referenced as the greatest English writer. I will start this paper giving you a brief summary of each sonnet individually, secondly I will then compa re the sonnets drawing in on their similarities, and third I will then draw in on their differences. William Shakespeare’s Sonnet 18 I would say is his best known and famous sonnetsRead MoreLove is the greatest human emotion one can experience. In the poem Leaving the Motel by W. D.800 Words   |  4 PagesLove is the greatest human emotion one can experience. In the poem Leaving the Motel by W. D. Snodgrass and Sex Without Love by Sharon Olds each poet shares different views on the theme of love. Snodgrass poem focuses on a couple having an affair in a motel. As they are leaving they go through a checklist to make sure they keep their secrecy. While, Olds poem focuses more about how people have sex without being in love. Both of these poems illustrate a strong sense of love in different ways

Negative Technology - 1285 Words

In this generation some of the most notable and impactful inventions have been the innovative technology that now resides as common household items. Some of these most notable pieces of technology are the computer, the cellphone, and the multitude of video game consoles. These pieces of technology have become so common and apparent that they are seen nearly everywhere. Today people show no issue using their cellphone whether they are walking to a destination, hanging out at home, or waiting in a line. It is even common to see people texting when hanging out with their friends, significant others, or family. Texting has become a common means of communication and has introduced the idea of sending messages digitally without the â€Å"hassle† of†¦show more content†¦Now of course there are pros to having a computer at a young age. For school, it makes it easier to complete projects and assignments at the pace of everyone else without the hassle of trying to find a friend with a computer or a neighbor. However, at this age teens are considering their values and are at the stage when they are trying to decide who they are, for some this may involve a sexual awakening of sorts. Children should not be exposed to that much content and resources when they do not even have themselves figured out yet. Unfortunately, we have young children who are already addicted to technology. The most difficult part of this whole situation is that younger children don’t know where to start with fixing this problem be because technology has had a heavy influence on them since day one, â€Å"While technology use is increasing, younger generations may find the use to be acceptable and less of a problem then older generations† (Gerhart). Just because the use of it is more â€Å"acceptable† does not mean technology is safer by any means. At this age children are going to be making mistakes and finding out who they are, it’s inevitable, â€Å"Thes e years mark insurmountable growth both physically and psychologically† (Lohmann). Instead of sheltering children, guide them the right way let them fall and help them back up but beware of adding a whole world of content and media and distraction to the mix of all of this. This technology placed inShow MoreRelatedPositives And Negatives Of Technology1037 Words   |  5 PagesThe purpose of this research is to identify the positives and negatives of technology. Those positive and negatives include healthcare, jobs, education, and the environment. The aspects of technology are rapidly changing forcing us worldwide to adapt to those changes. The study concludes that technology could harm out environment with possible pollution in the air and could potentially lead to job loss in the future. The larger technology becomes workers are increasing their productivity, but medianRead MoreNegative Effects Of Technology1503 Words   |  7 PagesUsage of technology varies amongst different age groups, often used for productive means, but there is also a negative side of technology usage. With the advancement of technology, technology is considered to be survival tools for humans, such as to make life easier and to be extra productive. Moreover, Adults harness the power of technology to solve complex problems, usually this can only be done with the aid of a computer. Another arena of technology use is for school, both, parents and teachersRead MoreTechnology Has A Positive Or Negative Impact Essay1627 Words   |  7 PagesThe extreme advancements and the more accessible increase in technology has a choice to become a positive or negative impact nearly every day. The uninformed consumers are deceived into believing that their excessive usage is unavoidable, because without such habits electronic producers businesses’ would never prosper to their full extent. As technology becomes more accessible, the more this generation is being distracted, consumed, and physically damaged by electronics. Time Management SolutionRead MoreEssay on Technology and the Negative Effects on Society1601 Words   |  7 PagesIntroduction Since the industrial revolution, society has become more and more dependent on technology. So much so that we sometimes lack the willingness to think before we act. We become impatient if it takes more than a few seconds to download a copy of the morning news paper. We expect immediate responses to our email, and we expect someone to answer their cell phone whenever and wherever we call. â€Å"Industrialization resulted in rapid and sustained economic growth and a massive increaseRead MorePositive And Negative Effects Of Technology In Education838 Words   |  4 PagesThere are always two sides to everything in life. Technology has proven this several times. It can either be seen as beneficial or detrimental. Society seems to be fascinated by the eruption of technological advancements in the educational field. In 1981 about eighteen percent of U.S. public schools had one computer for instructional use. By 1991 that percentage increased to ninety-eight percent (Alhalabi p.22). Studies have shown that technology helps work get done in a more efficient manner. TeachersRead MoreNegative Effects of Technology Essay examples3080 Words   |  13 PagesNegative effects of technology Several factors can be attributed to the construction of the modern world in the past few hundred years. However, technological changes can be said to have had the most substantial contribution. These changes became prominent during the industrial revolution throughout the eighteenth century. Technology led to a new mode of human existence, namely, the industrial civilization. The industrial revolution saw a shift from traditional agriculture to a mechanizationRead MoreNegative Impact of Technology in Today’s Life3438 Words   |  14 PagesNegative impact of technology in today’s life. Problem Statement This study will examine the negative aspects of technology and bring awareness to the people. Introduction The history of technology is as old as human life. This is because the usage of technology came into existence when the humans existed. Technology had a great progress since ages that is from mastery of fire by man to computers, rockets, electronics etc which shows the 21st century achievements. The technologies that evolved inRead MoreThe Negative Effects Of Technology1457 Words   |  6 PagesTechnology users vary from ages as little like a baby to an elderly, and everyone has different purposes of usage. They are survival tools that help human make life easier and faster (Member, 2013). Adults get the technology to help advance in solving problems. Parents and teachers believe technology help enhance learning. Although technology is meant to be excellent in different scenarios, it does not always mean it is healthy. An example would be students who use less technology, score higher onRead MoreDisruptive Technology: Positive or Negative790 Words   |  3 PagesEvery innovation ha s positive and negative effects. The key consideration is whether the positives outweigh the negatives. In addition, what is positive for the innovator may be negative for the incumbent. Therefore, there is likely that no consensus can be reached on a listing of the pros and cons. Firstly, I address the need for a simple coherent definition of disruptive technology. Next, the focus moves to the impacts of disruptive technology. Finally, I consider critical factors in a responseRead MoreExposing the Negative Effects of Technology on Kids Essay1926 Words   |  8 Pagescurrent generation of children is completely different from the preceding ones. They are living in the digital age. â€Å"Technology has blended in with daily activity to become a way of life and children today take for granted all of which is automated. It is hard for kids today to imagine a world that existed without all of the gadgets, electronics and seamless operations that computer technology provides.â₠¬  (Goessl) â€Å"Children in the United States devote some 40 hours a week to television, video games and the

Comparison of Organizational Values and Structures †Free Samples

Question: Discuss about the Comparison of Organizational Values and Structures. Answer: Introduction: Nestle serves to be the worlds largest food and beverage company that has more than 2000 brands, globally operating in about 191 countries (Nestle.com.au 2018). It strives to enhance quality of life of its customers with its products having high nutritive value.Telstra is the leading Australian telecommunications and media company providing a wide range of services such as voice, internet access, pay television and such others. The company chiefly serves Australia and some of its services are provided in other countries as well. With a brief insight into the structures and value chains of the companies differing in their marketing and products, the position of the businesses are analyzed accordingly in respect to the Australian market and the global market as well (Holweg and Helo 2014). The value chain designs of both the companies connote the important activities that the firms perform to deliver their respective products and services to retain their position in the market. Nestle is a decentralized business that has been organized according to the matrix structure. This enables every portion of the company including the local units to enjoy high level of independence and work responsively. With its three layers of management, Nestle has been able to reach to all its customers, get greater competitive advantages through the effective value chain that it incorporates and thus, progress steadily. Telstra is the largest provider of telecommunication and information services in Australia ranging to 17.6 million mobile services, 3.5 millionfixed retail broadband services and 5.1 million fixed retail voice services (Telstra.com.au 2018). Due to the rapid development of technology in telecommunications, massive improvements in the businesses have been done to improve customer services (Lovelock and Patterson 2015). Telstra shows a continuous development in its structure that focuses on customer needs and corporate strategies to get the recognition of an excellent company enabling people to connect and thrive in a connected world. Nestle products are made with the priority of providing nutrition and ensuring health and wellness to the consumers. Along with this, the company offers beverage choices and tastier food to the consumers that have added to its value significantly (Hossain and Suchy 2013). It assures quality and high standards connoting to the healthy lifestyle of the people. Telstra, on the other hand, promotes wellness by connecting people of the entire world to each other that serves to be the base of any developing economy. Communication with consumers The company is committed to reliable and responsible customers who serve as their customer base. This also provides the customers to have a significant influence on the company with their rights to informed choice to promote healthier food and diets (Day et al. 2013). Nestle also ensures privacy of consumers that adds to its effective business process. Telstra also thrives to meet the demands of its customers and deliver exceptional experiences to them. It tries to incorporate innovative technology in a way that it satisfies the requisites of the customers largely. The company also has a 24 hours customer care service that caters to the problems that act as customer contact solution (Telstra.com.au 2018). The United Nations Global Compact (UNGC) is also supported by Nestle that makes it more pronounced. All the suppliers, agents, distributors, and employees of the company forecast honesty and fairness in their respective roles that makes the company more committed to their customers. Telstra also acknowledges human rights and all its actions are operational along the rights mentioned in the Universal Declaration of Human Rights and the ten principles of the United Nation Global Compact. The company does not tolerate child or forced labor and insists on a fair working environment. All the rights are incorporated in the company policy of Telstra that the employees and contractors are bound to follow. The company has even strategized methods to promote agricultural improvements and production to raise the socio-economic standards of the farmers and ensure greater environmental sustainability with a target of zero wastage. However, the products of Nestle are not well sounded in the remote areas and are more concentrated in the cities. Telstra, on the other hand, has committed to deliver leading telecommunication service to the rural and remote areas of the country. It has initiated such objective so that the development in communication helps the people of the rural areas to have greater access to education, health and businesses. The company is equally concerned with its environmental impact and reducing energy consumption and carbon emissions. Research and Development (RD) has been the chief competitive advantage for the company that has led Nestle to be the leader in food industry. It has the largest network of RD that promotes innovation, providing high quality food and launching of new products quickly in the market. Collaborations and partnerships have also led to development of the company to a significant extent. The company is also trying to source raw materials in a responsible way helping suppliers to develop sustainable and ethical practices. Telstra services have also gained popularity in all the 23 major cities globally (Telstra.com.au 2018). The company delivers technology and business consulting along with their professional services. It offers the best practice program and project management. The company strives to develop new services to the customers through their centers of Excellence that indicates its continuous progress and improvement. The company has implemented the Nestle Supplier Code so that the suppliers prioritize business integrity, human rights, safety, health, and proper use of natural resources. The Nestls sourcing policy has a compliance of about 96% of its suppliers, vendors and suppliers that has enriched its value chain (Nestle.com.au 2018). Telstra provides its customers with a single contact number that not only address the issues of customers but also advertise their business. Through the inbound service, Telstra gets the data about who is calling, from where and for what reason. This enables optimization of customer interaction (Christopher 2016). The company also has the free inbound number for their international customers to communicate and solve any queries. Through the inbound service, Telstra has been able to sustain an intelligent network, handling 500 calls per second and accelerating nationwide reach of the company (Telstra.com.au 2018). The population of the world knows Nestle for the brand value it has. The company covers almost all the food and beverage category, providing customers with tasty and healthy food. Along with the food for all the stages of life, Nestle has also the incorporation of special nutritional foods. The company has an efficient supply chain and distributors that help in its storing, transportation and distribution in all the parts (Patrizia and Gianluca 2013). Telstra has a better outbound logistics efficiency that includes cloud infrastructure, machine-to-machine wireless solutions, helps in enterprise messaging, business applications, tracking and monitoring vehicles and other such facilities provides faster response and enables customer to stay connected (Hiremath, Sahu and Tiwari 2013). The marketing team in Nestle is very efficient that focus on communications, brand management and consumer preferences and insights. It strives to provide a seamless service working with better collaboration with the Sales and Customer teams of the company (Rushton, Croucher and Baker 2014). The company has been selling over a billion FMCG units everyday and generating massive sales across the world. The various nutritional research centers of the company operate to evaluate the nutritional value of the products with proper scientific methods. The external partnership that the Nestle Research Centers haveincludes universities, start-up companies, hospitals and other institutes that facilitate access to external scientific expertise. This complements the internal research of Nestle leading to greater development and innovations in the company. Telstra has been able to help more than one million vulnerable customers to stay connected. The company showed a total income of about $28.2b and a sustainable engagement score of 71% (Telstra.com.au 2018). Reports of 2017 shows that Telstra has acquired 5.4 million retail fixed voice services and 3.5 million retail fixed data services. it also has 17.5 million domestic retail mobile services (Telstra.com.au 2018). Its marketing has expanded to about 20 countries and the influence has been quite rapid indicating greater success of Telstra in the near future (Telstra.com.au 2018). Competitive priorities: Nestle prioritizes the preferences and demands of the consumers and tries to serve them accordingly. It provides consumer healthcare products to emphasize production of greater nutrition values that would be equally healthy and tasty (Lin and Tseng 2016). Nestle also strives to provide convenient foods for people who fails to have cooked food. The company aims to use simple ingredients with greater emphasis on organic and natural foods and beverages. The products have affordable prices and include micronutrients such as iron, vitamin A and others to add value to the nutrition of children mainly (Sacks et al. 2015). The company also has target markets to accelerate its growth. It refocuses the businesses at the core, activates management departments and makes investments accordingly. The company also believes in regular updating of itself with modern technologies and innovation. It has been expanding its business by connecting to the newer generation through e-commerce and digital mar keting platforms. Thus, Nestle has been collaborating with the various popular online retailers to promote greater sale and accelerate production and growth worldwide. Telstra concentrates more on delivering brilliant customer experiences by providing the best services and help to its customers. It focuses more on customer priorities and growth in revenue (Achroll and Kotler 2014). Through simplification processes, Telstra promote network superiority and greater productivity. The company also strives to expand international infrastructures and build domestic adjacencies to invest in technologies in order to strengthen the core capabilities of the company. Driving cultural shifts through digitization investing in unparalleled network coverage and speed stands to be the competitive priorities of the company that world fetch it prosperity and greater success. Operations Management for success: Nestle shares various insights focusing on global nutrition and develops superior partnerships with various major companies in the market. The operational policies of the company are to teach every customer the value of nutritional needs, encouraging them to be engaged with fitness activities as well (Slack 2015). Such activities directly influence the strategies of the business to generate greater value for its operations. All its operations abide by the environmental sustainability and are highly committed to maintenance of quality and safety processes (Ulaga and Loveland 2014). However, it is analyzed that nestle caters to the population of the cities with lesser emphasis on the rural areas. Marketing operations are significantly low in these areas that serve to be one major drawback for the company in the Australian market as well as the global scenario that the company needs to work upon. Telstra has been opting for developing collaborations with contractors that would help them to be more pronounced (Aksoyet al. 2013). The company also aims to reduce costs through various improvements in the processes of the company that would lead to greater success and profitability as a whole. The opportunity of exploring new markets by Telstra would also fetch it wider scopes of attaining success (Brown and Bessant 2013). Conclusion: From the report, it can be concluded that both Nestle and Telstra, differing in their market products and services have been efficiently improvising methods to sustain their positions in the Australian market. Nestle has been able to occupy a stable position in almost all the markets of most of the countries in the world that dominates over the position that Telstra has achieved. Telstra has occupied the leading position in the market of Australia with few of its services provided in some of the countries. Thus, the company needs to incorporate strategies to occupy a good place in the global market. Nestle has been upgrading itself and promoting wellness and health of its customers with the incorporation of new technology. However, for Telstra, this has been both an advantage and a disadvantage that has been both progressive as well getting greater competitors in the telecommunication market. References: Achroll, R.S. and Kotler, P., 2014. The service-dominant logic for marketing.The service-dominant logic of marketing: Dialog, debate, and directions,320. Aksoy, L., Buoye, A., Aksoy, P., Larivire, B. and Keiningham, T.L., 2013. A cross-national investigation of the satisfaction and loyalty linkage for mobile telecommunications services across eight countries.Journal of Interactive Marketing,27(1), pp.74-82. Brown, S. and Bessant, J., 2013.Strategic operations management. Routledge. Christopher, M., 2016.Logistics supply chain management. Pearson UK. Day, M., Fawcett, S.E., Fawcett, A.M. and Magnan, G.M., 2013. Trust and relational embeddedness: Exploring a paradox of trust pattern development in key supplier relationships.Industrial Marketing Management,42(2), pp.152-165. Hiremath, N.C., Sahu, S. and Tiwari, M.K., 2013. Multi objective outbound logistics network design for a manufacturing supply chain.Journal of Intelligent Manufacturing,24(6), pp.1071-1084. Holweg, M. and Helo, P., 2014. Defining value chain architectures: Linking strategic value creation to operational supply chain design.International Journal of Production Economics,147, pp.230-238. Hossain, M.M. and Suchy, N.J., 2013. Influence of customer satisfaction on loyalty: A study on mobile telecommunication industry.Journal of Social Sciences,9(2), pp.73-80. Nestle.com.au. 2018.Home. [online] Available at: https://www.nestle.com.au/ [Accessed 28 Mar. 2018]. Kruschwitz, N., 2013. Creating shared value at Nestle.MIT Sloan Management Review,55(1), p.1. Lin, Y.H. and Tseng, M.L., 2016. Assessing the competitive priorities within sustainable supply chain management under uncertainty.Journal of Cleaner Production,112, pp.2133-2144. Lovelock, C. and Patterson, P., 2015.Services marketing. Pearson Australia. Patrizia, G. and Gianluca, C., 2013. Stakeholder engagement between managerial action and communication.Annals of the University of Oradea, Economic Science Series,22(2), pp.97-105. Rushton, A., Croucher, P. and Baker, P., 2014.The handbook of logistics and distribution management: Understanding the supply chain. Kogan Page Publishers. Sacks, G., Mialon, M., Vandevijvere, S., Trevena, H., Snowdon, W., Crino, M. and Swinburn, B., 2015. Comparison of food industry policies and commitments on marketing to children and product (re) formulation in Australia, New Zealand and Fiji.Critical Public Health,25(3), pp.299-319. Slack, N., 2015.Operations strategy. John Wiley Sons, Ltd. Telstra.com.au. 2018.Telstra - mobile phones, prepaid phones, broadband, internet, home phones, business phones. [online] Available at: https://www.telstra.com.au/ [Accessed 28 Mar. 2018]. Ulaga, W. and Loveland, J.M., 2014. Transitioning from product to service-led growth in manufacturing firms: Emergent challenges in selecting and managing the industrial sales force.Industrial Marketing Management,43(1), pp.113-125.

Taxation - Theory - Practice & Law Net Capital Gain Pirchases

Question: Discuss about the Taxation, Theory, Practice Law for Net Capital Gain Pirchases. Answer: Introduction Analysis of Freds overall net capital gain covering the various related transactions, noted after his involvement in the purchase of his holiday house, in the main concern of this report. The concept of overall net gain and net loss is understand by learning the importance of required laws of calculation from this study. Fred, the example of study in this report, demands the understanding of law as the home functions, development, and renovation comes under the Australians law of government strategies which even includes other taxation laws as per the Income Tax Assessment Act of 1977. Computation is done by this. On concern of net capital gain and loss of Fred .the explanation to set the capital loss/gain is also related by evaluating and analyzing the various facts and figures personally from the report. Here it is important to note that, there are transactions that do not follow the computational method of capital research. The term computation is imperative to understand as the c oncepts of net capital gain/loss and superannuation adopts the computation functionality (Graetz Schenk, 2009). Every layout is basically based on the computation tool. Computation definition hence is described by various tax and law scholars with each definition carrying specific application for different purposes and situation. The process of accumulating or gathering funds from the people to give them at the time retirement is called superannuation (Wright, 1970). Freds capital gain calculation Computation Of Capital Gain For FRED For The Year Ended On 30 June Particulars Amount (in$) Total Amount (in $) Add: #Proceeds of selling holiday home in the current year 800,000.00 Less: Cost Base of holiday home in 1987 100,000.00 700,000.00 Less: Total legal fees 2100.00 697900.00 Add: Cost base of garage 20,000 717900.00 Less: Cost of garage after indexation 20000*123.4/71.3 34,614.30 683,285.70 Less: Agent commission 9900.00) 673,385.70 Less: Stamp duty payable on acquisition (2000.00) 671,385.70 Less: Previous Year Capital Loss Deduction (10,000.00) Total capital gain 661,385.70 Less: 50% discount for using property for more than 12 months (330692.85) Net capital gain 330692.85 Exceptions and exemptions: Few values or transactions are there which do not depend on the capital gain or loss, as discussed earlier in this report. Hence, different examples are there for getting a clear details about these values. For instance, reimbursement requested in case of any injury or illness, required assets prior to 20th Sep 1985, people having $10,000 or more personal asset. Things which cannot be counted in capital gain or loss are cars, vehicles or motorcycles, and is considered unworthy if owned for $10,000 or less (Bittker Rahdert, 1976). Things like painting collection of $500 or less do not come under computation, and family homes detached from the real house are few other examples. What will be the answer if there is a sale of an antique vase? In case a loss is incurred due to the selling of an antique vase by Fred, in my view, I would say that he suffered a huge loss. This can be said because the loss suffered due to the subtraction of it is received from the selling of the shares, that Fred intended to use it personally, thus his net capital is higher than $10,000 (Nethercott, Richardson Devos, 2016). An overall analysis on the fringe benefits and fringe benefits tax Tax is a result of fringe benefit that helps in setting the introduction as well as the importance of the analysis of fringe benefit. Fringe benefits covers the additional benefit that increases the pay of the staffs. Subsidized meal, company car, health insurance and more are the distinct examples. According to employers, it is a free partner and contractor that is there between two employees in which, in few situations, they are set free from the taxes. For e.g., the fair market cost is included for all those receive fringe benefit tax, in that year. It is beneficial for the employees family and the acquaintances too (Woellner, 2014). This amount gets added to the salary package. Fringe benefit, unlike the income tax, is assessed every year from 1st April to 31st March and is regulated by the Australian Fringe Benefit Tax Act, 1988, in Australia. It is classified into different sections: Expense payment fringe benefits Debt waiver fringe benefits Housing fringe benefits Loan fringe benefits Car parking fringe benefits Board fringe benefits Living away from home allowance fringe benefits Residual fringe benefits Property fringe benefits including the goods, property or shares Living away from home fringe benefits Living away from home (LAFTA), is the allowance which is provided in case of staying away from the real residing house. In this case, the employee receives few benefits from the employer for staying away from their house for some personal duties (Walton, 1995). However, at times strategies also see few disadvantages. Property fringe benefits Under this benefit the employer gives a property to the employee at a much discounted rate, this is the same case in Emmas situation. A bathtub costs $1,300 to Emma which is normally available at $2,600 in the market. Hence, the company gives a discount of 50% to Emma. Board Fringe Benefits The days meal as well as accommodation is given in the form of board fringe benefit to the employees (Blum Kalven, 1978). Housing fringe benefits Herein, the employee is given the right on accommodation and rent or license. A residential right is given to the employee because the entire unit is granted by the strategy (Blum Kalven, 1978). Debt waiver fringe benefits This benefit enables an employer to let the employee off from paying the debt. Car parking fringe benefit This benefit can be utilized in various situations. For e.g., in case a car is parked in the employers area or in case the parking is beyond the time frame i.e. before and after 7am and 7pm, if the car is parked in the place of work of the employee, a commercial area is available in a radius of 1km work area, or in case the employee manages the car (Surrey, 1972). Car fringe benefit The employee gets the car which was rented for a personal usage or as their own asset as the car fringe benefit. Expense fringe benefit Here, the employees is given some amount for paying to a third party. In case, this payment is not made, the employee is answerable or he/she will have to recompense. Emma gets the advantage from the fringe benefit from the compensation for the vehicle and hence qualifies the expenses from it (Paul, 1954). Loan fringe benefits In this, the employees are given loan on a lower interest rate than what is normally offered by all the banks. Emma received the amount of $5,00,000 at an interest rate of 4.5% that is less that than the interest charged by the banks. As FBT is taken, this is 47% (Dubert Merrill, 2001). FBT consequences for the company As per the FBTA, s 7 provisions the car is considered as a fringe benefit and Emma gets it for using it personally. Based on the cost, strategies and other additional information, the constitutional methods are used here: Taxable value = (0.2 * $33,000 x 330/365) = $5,967 Base value = cars cost The car was given as a fringe benefit for 330 days (it is considered for annual repairs and also cannot be used personally. Accessibility of the car until Emma gives it to her employee, parked at airport (Lind, 2005). No recipient is received by Emma for the reimbursement of the expenses. Emmas motor vehicle expenses repayment This is not taken into consideration under FTBA, s 53; however, is adapted for the expense payment fringe. $500,000 Loan A loan provision is a loan fringe benefit: FBTAA, Div 4 Taxable value = $500,000 x (5.95% - 4.45%) x (212/365) = $4,356 NB: Because the loan is not spent as an assessable income for earning, there is no reduction for tax under deductible rule (Gilders et. al., 2015). Bathtubs purchasing cost $1,300 Periwinkle sells bathtubs under their ordinary business plan: FBTA, Division 11 since they are a house fringe property. The bathtubs taxable value is decreased by $1,300 for recipients payment of $650. Periwinkle produces and distributes bathtubs to the customers as an ordinary course business, thus the taxable amount is 75% of $2,600 = $1,950. This is considered to be the lowest cost at which it is sold to the customers (Kerwin Furlong, 1994). As the bathtub is a house fringe benefit, the amount which is taxable is lowered below s62 FTBA taking into consideration that Emma does not have any other in-house advantage that year. When the taxable amount is deducted from each fringe benefit, it becomes necessary to deduce Type 1/Type 2 declaration of the fringe benefit. Car = Type 1 fringe benefit (because the amount is comprehensive with GST and supposition is done about Periwinkle being unrestricted to input tax credits) Loan = Type 2 fringe benefit (it is a financial supply; therefore no GST is applicable) Assume that taxable value of bathtub is reduced to 0. Fringe benefits taxable amount = ($5,967x 2.0802) + ($4,356x 1.8868) = $12,413+ $8,219 = $20,632. Liability of Fringe benefits tax = 47% x $20,632 = $9,697 Thus, Periwinkle should pay $9,697 FBT in relation to the above items. What will be the answer if Emma purchases the shares by herself? For this the answer may differ. In case all the shares are bought by Emma by the loan of $50,000, then this amount will be used for producing income as the dividend is taken from such organisations that gains profit and the deduction amount is taken from the similar rate of interest. In such cases, the loan fringe benefit lowers by 10% ($50,000/$ 50,000) as per the deductible rule proposed under s 19 of the FBT Act (Hodgson, Mortimer Butler, 2016). Conclusion and Suggestions The above report clearly shows that Emma attains benefit from Periwinkle Company, to pay below fringe benefit. It talks about the case of Emma as well as Fred wherein it is quite clear that it is necessary to know the laws of any institution as the situation might differ from time to time. Thus, the above report allows the students to understand the concepts very clearly by referring to the different examples given. This allows the students and people associated with the concerns of this field to properly read and analysis the case study, enabling them to figure out the personal problem and issues. The explanation and the different examples mentioned help the students to gain an in-depth knowledge about the subject matter. References Bittker, B.I. and Rahdert, G.K., 1976. 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