Global inequality, (racism)You will write one 5 page paper analyzing one example of a social problem discussed global inequality, (racism). Your paper will draw on two peer-reviewed sociology articles. Both articles must be published in a sociology journal or written by sociologists if published in an interdisciplinary journal. You may likely encounter intersecting problems, for example race and class studied together. Sociology journal articles are typically longer and have more narrative than natural science articles. Part of the challenge of this assignment will be finding two articles that both deal with the problem you are interested in and are at a scale and scope of analysis that are comparable. Some articles will be too broad and others two narrow for your topic of interest. Sorting through the literature is a skill for understanding social science.The final criteria you will need to be sure your selected articles meet for the assignment is that they contain original research and analysis of data. The analysis may be either quantitative and statistical or qualitative. Articles that simply review previous studies or theories without original analysis cannot be used to complete the assignment.The paper format is as follows: Critically discuss 2 scholarly sociology articles on the inequality you choose for your topic. The paper should be organized as follows:1) how does each article construct the social problem?Is it defined as a problem based on a. social norms and values, b. the suffering it causes for individuals or groups, or c. both?Note any overlapping or intersecting types of social problems or inequalities in how the authors frame your problem of interest (for example, race and environmental, gender and class, etc.)2) what do the authors discuss as the social cause(s) or source(s) of the problem?What did the author(s) find that previous research had determined?How was each study different than what had been done before?What concepts or theories from our texts were used in the articles?How does your social problem of focus connect to others we have discussed within your authors’ analysis?Are the two articles you have selected similar in their explanation of social causes or different?3) what were the author(s) research questions or hypotheses? What specific questions/predictions did they want answered/tested?What were the author(s) research methods?What sources of data did they use? (e.g. participant observation, existing statistics, etc)Was their analysis quantitative, qualitative or both? (not this is not about the type of data, but the analysis itself)Sociology is a diverse discipline and scholarly papers range from very narrow empirical testing or description to presentation of more general theorizing. You are not required to be able fully explain or evaluate the methods used in empirical work, such as statistical or content analysis, rather to identify the relevant categories of method and the conclusions about the problem in question that the authors’ draw from their findings. Therefor discussion of methods should be brief and concise.4)what key conclusions did they draw from their research about the causes of the social problem in question?What are some solutions, changes, or reforms that would eliminate or mitigate the problem in question? These could be solutions explicitly proposed or implied in an article, in our texts, or your own based on your understanding of the cause(s).In conclusion, give your assessment of the strengths or weaknesses of the authors’ claims, and how effective you think the solutions offered would be.Grading criteria will include organization and clarity, use of scholarly evidence to support claims, and appropriate application of course concepts and theories.
Task 1:
Ms.Sabeena owns 2 furnished houses, both houses are let out for residential purposes. The details of each residential property for the tax year 2019/20 are as follows:
1st house:
In 2018, She purchased the house by borrowing loan of £100,000, for which she pays interest at 8% per annum. The amount of loan is still outstanding during the tax year 2019/20. She let out this house for £24,000 per annum as rent, payable monthly in advance. The tenant was very regular in the payment of rent in the beginning of each month, but he failed to give rent in the beginning of July 2019. Ms.Sabeena was behind the tenant following the rent. But by the end of July 2019, the tenant vacated the property without informing Ms.Sabeena and she tried her best to find out the whereabouts of the tenant but later understood that the tenant left the country and he will not come back again. Then she started searching for new tenant and she was able to find new tenant from 1 October 2019 with Rent of £32,000 per annum payable monthly in arrears. New tenant has been paying the rent regularly without fail.
During the tax year 2019/20, The details of expenses incurred and paid by Sabeena are as follows:
20/4/2019, She paid water tax of £500. But the council tax has been paid by the tenant
£400. Also, on the same date, she spent £1000 to repair the property
1/7/2019, she paid insurance of £1,800 for the property, out of which £450 will be for tax year 2020/21 (for next year).
1/10/2019, when new tenant occupies the house, she replaced the old sofa set by paying £2,500. She sold the existing sofa set for £200. On the same date, she purchased new washing machine for £3,000, which was not in the house before. She also replaced the old 32” normal TV- with 55” smart TV costing £2000. The market value of similar type of old TV is £800. Also, she sold the old TV for £50.
2nd House: furnished house:
On 1 May 2019, she purchased an old house (house no.2) for £50,000 and gave the house for rent from 1 July 2019 for a monthly rent of £800. Before giving for rent she spent £5000 to replace the front and back door. Before replacing, it had wooden doors with single key, but she replaced it with strong steel doors with double lock. She replaced the wash basin in washroom with similar standard by spending £500.
For furnishing the house, she spent £2200 for curtain and carpet and purchased sofa set costing £1,500. She paid water tax and council tax totaling £600 for the year.
On 20 March 2020, she incurred £1000 to repaint the entire building but she paid for the same on 1/5/2020.
Other information:
Ms.Sabeena has received £16,000 Interest on Debenture (Loan notes), £5,000 Interest from Government Bond, £300 from National Savings Certificate and £200,000 from winnings from Lottery. Sabeena received Dividend of £30,000 from UK Company.
During the tax year Ms.Sabeena has contributed £1,600 to personal pension contribution and donation £2,000 for charity.
You are required to calculate the tax liability and tax payable of Ms.Sabeena for the Tax year 2019/20
List out and explain the various incomes exempt from tax
Explain with example, the tax implication of Saving Nil Rate band and Dividend Nil Rate Band. How it affected the tax of Ms.Sabeena?
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