Latest News
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The Trades Union Council (TUC) has announced its support for a vote by the European Parliament into the issue of financial transaction taxes. Its general secretary Brendan Barber noted that MEPs are backing the Robin Hood tax, which is a fairly major...
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Gordon Brown has described the increases on tax and national insurance as "fair". He made the comments during a speech about economic recovery and he believes the policies will successfully balance cutting the deficit and protecting core funding...
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Diversifying assets could lead to bigger pension pots for individuals, it has emerged. Alan Rubenstein, chief executive of the Pension Protection Fund (PPF), noted that certain investment markets will be easier to access as the number of investors increases....
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HM Revenue & Customs (HMRC) is pushing through new powers instead of considering a number of practical solutions, according to one body. The Low Income Tax Reform Group (LITRG) noted that the tax system could be improved without these measures to combat...
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Supply of housing is starting to outstrip the demand, according to one body. The Royal Institute of Chartered Surveyors (RICS) has released its latest UK Housing Market survey, which shows that the sector has recovered from the dip in January. Jeremy Leaf,...
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A recent move by equity release into mainstream retirement funds is "gratifying", according to one expert. Andrea Rozario, director general of Safe Home Income Plans (Ship), noted that a debate by the All Party Parliamentary Group had hopefully...
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The Budget needs to showcase plans for public finances that will restore confidence, an expert has claimed. Richard Lambert, the Confederation of British Industry's (CBI) director-general, noted in a letter to Alistair Darling that the UK's fiscal...
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Individuals believe that pensions remain the best way to save money, a body has claimed. The National Association of Pension Funds (NAPF) has released research that found 77 per cent of employees would look more favourably on a company that offered a...
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There is just one week left for people looking to use the New Disclosure Opportunity (NDO) on offshore accounts. It means that in order to put their affairs in order at a 10% penalty rate, individuals need to settle any outstanding tax, duty and interest...
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Small businesses are paying a higher flat rate than they should have to, it has been claimed. The Federation of Small Businesses (FSB) noted that the agricultural services sector is paying 2.5 per cent extra, while newsagents, grocers and tobacconists are...
