Couples where one partner has no earnings but the other is willing to fund savings can make the most of tax relief on pension contributions and draw up to £18,000 lump sums under provisions called ‘triviality rules’. This manoeuvre brings together two relatively little-known but controversial aspects of pensions’ taxbreaks. First, even non-earners who pay [...]
From zero rates to financial holocaust?
Watch the full Keiser Report E246 on Tuesday. In this episode, Max Keiser and co-host, Stacy Herbert, discuss the supercommittee that runs America, the perils of Draghi’s ‘blitz’ and IMF turnaround on austerity for Greece. In the second half of the show, Max talks to Gonzalo Lira about austerity, printing and running. KR on FB: [...]
Tax avoidance lessons to be learned from the Student Loans Company chief’s example
Revelations that the chief executive of the taxpayer-funded Student Loans Company avoided paying tens of thousands of pounds in tax by a simple manoeuvre called ‘incorporation’ may prompt other taxpayers to ask if they can do the same. Chief Secretary to the Treasury, Danny Alexander, claims that Ed Lester’s tax will henceforth be deducted at [...]
Taxman gains new powers to prosecute from the end of this month
HM Revenue & Customs (HMRC) will gain new powers to prosecute people it suspects are failing to pay what’s due from the end of this month. As if the January 31 deadline to file self-assessment tax returns were not daunting enough, McGrigors, the specialist tax investigations legal firm, claim that HMRC will take a tough [...]
A depressingly familiar story of denial from the eurozone
Mein Gott! Time to jump from the nearest bridge. The first euro summit of the new year is already in the diary – next Monday in Berlin between Merkel and Sarkozy. Click on the video to see the preview. Meanwhile, there’s still no sign of a let up in Germany’s hardline opposition to European Central [...]
Falling house prices fail to prevent first time buyer numbers from slumping to all-time low
Falling house prices failed to prevent first time buyer numbers slumping to an all-time low in 2011, despite home ownership becoming more affordable than it has been for eight years, according to Britain’s biggest mortgage provider. Fewer than four years’ average earnings are now needed to buy the typical first time buyer property in 44pc [...]
Several Pieces Of Information You Ought To Be Aware Of When It Comes To Getting Out From Under Credit Card Debt
Several Facts One Ought To Know When It Comes To Getting Out Of Debt If you’re looking for ways to how to get rid of credit card debt, you’ve come to the right place. Here are some great tips to get you started. First of all, it might be on the cards to negotiate a [...]
Business Photos from Google
Business owners can invite Google photographers into their establishments to take high-quality images of their businesses. Users can view the photos and learn more by visiting the Place pages of those restaurants, hotels, and more. Please visit maps.google.com to apply or learn more. Video Rating: 4 / 5
What I Learned From Debt Advice
Numerous folks these days are told when they are in debt to go and speak to a debt support charity. Individuals are usually told debt assistance charities are the greatest option due to the fact they do not charge the client for guidance. For profit debt guidance companies typically charge the client for guidance in [...]
Foreign sportsmen big winners from Finance Bill as more British families must pay IHT
Millionaire foreign footballers will be among the biggest winners from the Finance Bill which proposes to exempt their worldwide earnings from UK taxes but more British families will have to pay inheritance tax (IHT). Other changes include removing references to “idiots, lunatics and insane persons” from the fiscal statutes and allowing people with small pensions [...]