Banks restrict lending to existing customers
Mon, 14 Dec 2009 17:48:10 +0000
More people are applying for loans but fewer are securing one, and those banks that are lending are only doing so to their existing customers |
Battle looms over BA pensions
Mon, 14 Dec 2009 20:07:24 +0000
British Airways signalled the start of a protracted battle with the Pensions Regulator over the price tag on its retirement obligations, the outcome of which will be crucial to its tie-up with Spain's Iberia |
Top bankers destroy value, study claims
Mon, 14 Dec 2009 00:01:29 +0000
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative |
Investors urged to sell before next tax rise
Fri, 11 Dec 2009 18:56:33 +0000
Seven out of ten wealth advisers warn that capital gains tax will almost certainly be raised in a pre- or post-election Budget |
It's not just bankers seeking a way round bonus tax
Fri, 11 Dec 2009 19:00:39 +0000
Fund managers, stockbrokers, and even some financial advisers will be hit by the new 50 per cent levy on "bankers'" bonuses |
40 per cent tax to hit more middle-income taxpayers
Fri, 11 Dec 2009 19:11:10 +0000
Hundreds of thousands more taxpayers could be drawn into the 40 per cent income tax band over the next few years, accountants say, following a freeze on the higher-rate threshold and personal allowances in Alistair Darling's pre-Budget report (PBR) this week |
Chancellor closes two inheritance tax loopholes
Fri, 11 Dec 2009 19:07:21 +0000
The inheritance tax (IHT) nil rate band is to be held at £325,000 in 2010, while the elimination of two loopholes in IHT rules may result in closer scrutiny of funds that are transferred into trusts used for IHT purposes. |
Pension relief restricted for high earners
Fri, 11 Dec 2009 19:08:27 +0000
High earners are being advised to make contributions to their pensions now, before higher rate tax relief is scaled back further from 2011 |
Tax avoidance and evasion come under fresh assault
Fri, 11 Dec 2009 17:15:56 +0000
Tax avoidance and evasion are under siege as the government has introduced a range of measures to clampdown on both practices. |
Energy efficiency
Fri, 11 Dec 2009 19:03:57 +0000
A boiler scrappage scheme and an exemption of all electric cars from company car tax for five years are part of a range of green measures to encourage consumers and businesses to become more energy efficient |
Fall in income drawdown
Fri, 11 Dec 2009 19:06:06 +0000
Investors are taking a lower level of income from their pension investments in the stock market as a result of the economic climate, according to new research |
Banks withdraw fixed rate saving deals
Fri, 11 Dec 2009 14:05:10 +0000
Banks and building societies are withdrawing many of their best savings deals, with fixed-rate products disappearing the fastest. |
House prices higher than year ago
Fri, 11 Dec 2009 09:53:06 +0000
House prices rise year-on-year for the first time since mid 2008 in November as sales continued to pick up, in a sign of the rapid recovery in the housing market |
Homebuyer loans hit 22-month high
Thu, 10 Dec 2009 11:29:57 +0000
The number of mortgages provided to homebuyers has reached its highest level for 22-months, according to the Council of Mortgage Lenders (CML) |
Investors take fright at 'fiscal fiction'
Thu, 10 Dec 2009 21:06:36 +0000
Investors took fright at the perceived timidity of the government's plans to balance the books with one of the biggest sell-offs of British gilts this year |
