Financial year or financial period
The financial year is the period over which a company measures its performance. It can but does not have to correspond to a calendar year. At the end of the […]
REFIT – Irish subsidy
REFIT is an acronym for renewable energy feed-in tariff. It was the Irish government’s subsidy scheme for renewable energy but closed to applications at the end of 2015, to be […]
Feed in tariff
The Feed-in-tariff (FIT) scheme is still in force, for now. The UK Government has confirmed that the scheme will cease to apply for new projects after April 2019. Today, it […]
Renewable Heat Incentive
Eligible installations, such as anaerobic digestion plants, can receive subsidies under the non-domestic renewable heat incentive (RHI). RHI payments are made quarterly over 20 years and vary according to the […]
Real Estate Investment Trust or REIT
Real Estate Investment Trust or REIT – A REIT is a listed property company in a tax efficient structure: REITs must pay out 90% of their property income to shareholders […]
Auditor
Every quoted company has to have its accounts audited. The choice of auditor is approved at the AGM. The auditor’s job is to make sure the accounts have been prepared […]
Annual Report
The Annual Report is the Board’s main method of communication with a company’s shareholders. The layout and the contents of the report is determined by a variety of rules and […]
Annual General Meeting
Every quoted UK domiciled company holds a meeting each year where shareholders get to vote on matters important for the company. The agenda usually includes approving the Annual Report and […]
Venture Capital Trust
A quoted closed-end fund set up specifically to provide private equity capital to small companies. Investors in venture capital trusts can typically get tax relief for investing in these funds, […]
