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Income tax and National Insurance merger would penalise pensioners

17/03/2011

Ahead of next week’s budget, tax expert Simon Massey from accounting firm Menzies discusses the possible impacts of various proposed changes to the tax system.


 

Osborne must raise taxes on 'the rich' to close social care gap

17/03/2011

The £1 billion social care funding crisis – identified by The King’s Fund – is a pincer movement that could damage services for the disadvantaged and elderly, Unite, the largest union in the country, said today.


 

Councils to pay £70,000 for first time buyers

16/03/2011

First time buyers whose income can support the monthly mortgage payments for a property, but who do not possess enough capital for the deposit, can have the sum of up to £70,000 provided for them by the council.


 

Japanese Yen hits 16 year low against US dollar on meltdown concerns

16/03/2011

As radiation from Japan's damaged Fukushima reactor reaches Tokyo, the Yen has risen to a dangerous 15 year high after reduced fears of a meltdown calm speculative investors.


 

Renting out accommodation during the Olympics? Check the Tax Rules first

15/03/2011

Renting out accommodation during the Olympics?


 

Tax confusion hampers entrepreneurship, report shows

14/03/2011

Regulation, specifically taxation and employment law, hampers decision making and entrepreneurship. This is according to the latest series of Transitions reports carried out by UK based BDO, the world’s fifth accountancy network.


 

India's trillion-dollar infrastructure presents opportunities for British business

14/03/2011

As India plans to spend US$ 1 trillion on infrastructure development over the next five years, the Minister for Trade and Investment Lord Green is in Delhi today, with a UK rail mission, helping British firms seek out new business opportunities.


 

Business group strives to end VAT evasion loophole

14/03/2011

The Federation of Small Businesses has called upon EU officials to ensure that the UK Government brings to an end the abuse of Low Value Consignment Relief VAT evasion.


 

Bank of Japan looks to boost faltering economy

14/03/2011

As the fallout from the Japanese earthquake continues the Bank of Japan (BOJ) have moved to stabilise the financial markets with an unprecedented 15 trillion yen (£114 billion) injection of cash.


 

Unclear terms and conditions put small enterprises into debt risk

14/03/2011

Debt collection agency Daniels Silverman warns many small and medium sized enterprises are vulnerable to payment disputes because of ineffective terms and conditions.