News - Q&A: Tax credit problems
Posted on November 11, 2007 - Filed Under Credit insurance | Leave a Comment
The tax credit system has been criticised for “completely company credit insurance rating” errors, with one third of recipient families having been overpaid, according to a new report.
Many people in receipt of tax credit have told the BBC News website that they are still having problems - and are becoming increasingly frustrated and, […]
Read More...News - Cut in default charges hits HBOS
Posted on November 11, 2007 - Filed Under Credit insurance | Leave a Comment
The HBOS banking group has revealed that it will lose 60m in income this year as a result of being forced to cut its credit card default charges.
Last year, the Office of Fair Trading told all banks and credit card companies to halve to 12 their typical fees for failing to pay bills on time.
Banks […]
Read More...News - Split caps deal denounced
Posted on November 9, 2007 - Filed Under Credit insurance | Leave a Comment
Over the holiday, the Financial Services Authority published details of a 194m scheme designed to give thousands of investors some of their money back.
A leading solicitor has denounced the compensation for split cap investors as insufficient.
The split cap scandal is one of the most insurance premium finance software to rock the City of […]
News - Poorest pensioners hit by ’stealth’ taxes
Posted on November 7, 2007 - Filed Under Credit insurance | Leave a Comment
The incomes of the UK’s poorest pensioners are being hit hard by “stealth taxes”, figures obtained by the Liberal Democrats indicate.
According to the figures, from the Office for National Statistics, the poorest pensioners are proportionally paying twice as much in indirect taxes, such as council tax and VAT, as the richest pensioners.
In practice, […]
Read More...Sport - Cavan 2-11 3-8 Down
Posted on October 30, 2007 - Filed Under Credit insurance | Leave a Comment
Original article Sport - Cavan 2-11 3-8 Down
Cavan and Down drew 2-11 to 3-8 in Sunday’s Bank of Ireland Ulster Championship opener at Breffni Park.
Down led by three points after 69 minutes but Jonathon Crowe’s goal and Dermot McCabe’s point then put Cavan in front before Ronan Murtagh’s equaliser.
Ronan Sexton and Benny Coulter hit Down […]
News - US seeks Indian finance reforms
Posted on October 23, 2007 - Filed Under Credit insurance | Leave a Comment
US Treasury Secretary John Snow has asked India to consider opening its financial, insurance and pension fund sector to foreign investors.
Mr Snow, who is on a five-day visit to India, said opening of these sectors would provide funds to improve roads, railways, ports and power plants.
He met Indian business leaders and is scheduled to meet […]
Read More...News - Election issues: Pensions
Posted on October 14, 2007 - Filed Under Credit insurance | Leave a Comment
The basic problem with pensions is that we’re all living too long.
Government figures predict a 65 year old in 2041 will have another 21 years to live - that’s compared with another 16 years in 2001.
Assuming the individual retires at 65, that means the length of their retirement has increased by a third.
That is […]
Read More...News - Reforming India’s maddening tax system
Posted on October 12, 2007 - Filed Under Credit insurance | Leave a Comment
Every year before India’s federal budget the biggest talking point among citizens and experts is: Will income tax rates be lowered?
The new Congress-led government will present its budget this Thursday and newspapers are full of speculative reports about tax cuts being on the way.
Experts debate the pros and cons of such cuts on prime time […]
Read More...News - Apology for tax credits mistake
Posted on October 12, 2007 - Filed Under Credit insurance | Leave a Comment
HM Revenue and Customs (HMRC) has apologised to 8,000 tax credit claimants for sending their bank details to other claimants.
The department said the mistake was due to a faulty printer which had been used to print 42,000 tax credit award letters, all with some sort of error.
Many of the people whose bank details were exposed […]
Read More...News - Pensioners to rally over reforms
Posted on October 12, 2007 - Filed Under Credit insurance | Leave a Comment
Pensioners are to protest over planned reforms which they say will not help people already struggling to pay bills.
The National Pensioners Convention - organiser of the central London rally - says the Pensions White Paper contains “nothing of immediate benefit”.
It will call for the link between earnings and pensions to be restored immediately, and for […]
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