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HM Revenue & Customs (HMRC) has revealed that a record number of self-assessment tax returns were filed on time for the previous financial year. According to figures produced by HMRC, 80.9 per cent of the self assessment returns were filed online...
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The Low Incomes Tax Reform Group (LITRG) has issued it latest guidance note to assist UK taxpayers in checking their latest PAYE code is correct. Since mid-January and through to early March 2012, HM Revenue & Customs (HMRC) is issuing PAYE Coding...
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The Department of Work and Pensions (DWP) has introduced a key package of regulation designed to help employers prepare for automatic enrolment in workplace pensions. It's designed to work alongside the revised timetable for automatic enrolment, which...
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The Financial Services authority (FSA) announced its proposed Annual Funding Requirement (AFR) for 2012/13 on 2 February, set to be the FSA's final AFR before it splits into the Prudential Regulation Authority (PRA) and the Financial Conduct Authority...
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On 1 February, the Finance & Leasing Association (FLA) relaunched the FLA Lending code designed to protect borrowers in the UK. The code has already been in operation for two decades, but has undergone a number of revisions that see additional...
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Housing price changes are likely to remain minimal over the first six months of 2012, with the economy unlikely to provide much in the way of momentum, according to Nationwide's chief economist Robert Gardner.
According to Nationwide's...
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Housing minister Grant Shapps has welcomed the implementation of a new partnership between the Government and the National House Building Council (NHBC), but says more is to come.
The new agreement will see both the Government and the...
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The chief executive of the Investment Management Association (IMA), Richard Saunders, has called on savers to dismiss scare stories surrounding the industry and invest in their futures.
The IMA released new analysis examining how trading...
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The Confederation of British Industry (CBI) has pointed to the increasing pressure of inflation alongside weak wage increases as the cause behind a drop in retail sales this month.
According to figures from the latest CBI Distributive...
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Business and Enterprise Minister Mark Prisk has pledged that 2012 will see a renewed focus on helping entrepreneurs unlock their business potential, as he unveiled a new comprehensive calendar of enterprise events aimed at those individuals looking to...
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Deputy prime minister Nick Clegg is calling on Chancellor George Osborne to introduce a £10,000 personal allowance on income tax in the UK as part of new measures designed to ease the current financial pressures being applied to household budgets....
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The introduction of an auto-enrolment workplace pension scheme will provide a much-needed push towards saving for a pension, according to the Association of Insurers (ABI). From October, people in the UK will become auto-enrolled in new workplace pension...
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Financial Services Authority (FSA) managing director Martin Wheatley has called for a fair deal for consumers in the future of conduct regulation. Speaking to the British Bankers' Association, Mr Wheatley called for a new approach that provided better...
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The British Property Federation (BPF) has lent its support to a new campaign calling for the government to cap any annual business rates increase at two per cent. This would see any increase in business rates rise in line with current estimates for...
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HMRC has issued a reminder to all VAT-registered businesses in the UK, warning that returns must be submitted online from April. The change will bring an end to decades of sending in paper returns, with officials hoping the switch will simplify the process...
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The British Property Federation (BPF) has backed plans for a Government review of water industry powers that could leave landlords liable to further costs. The review could see a change to the current powers that force landlords to share information on...
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The Investment Management Association (IMA) has backed calls for a reform to the current structures surrounding executive pay in the UK. Secretary of state for business, innovation and skills Vince Cable earlier announced that the Government was set to...
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Prime minister David Cameron has announced plans to offer small businesses a chance to take up space in empty government offices. The move is part of a new campaign dubbed Business in You, which has been created to encourage people to start or develop...
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The Council of Mortgage Lenders (CML) believes that while difficulties lie ahead, there could be some optimism in the mortgage lending market this year.
New gross mortgage lending data for December stood at an estimated £11.7...
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The introduction of automatic enrolment into workplace pensions will change the face of the UK workplace, according to the Department of Work and Pension (DWP).
That is according to the Minister for Pensions Iain Duncan Smith, who spoke...
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A boost in retail sales during December should not take away from the fact that businesses are facing difficult trading conditions, according to the British Retail Consortium (BRC). The comments come after the BRC's retail sails monitor registered a...
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The UK has witnessed a rise in the number of tenants struggling to pay their rent, according to research from the Association of Residential Letting Agents (ARLA). Based on the results of their findings, 39.2 per cent of members reported a rise in the...
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Local authority and housing association partnerships are set to trial new Government demonstration projects regarding social rented sector payments.
Under the plans, those claiming in the social rented sector will receive monthly housing...
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Millions of people in the UK are opting to cut back on fuel and food consumption in order to pay their rent or mortgage, according to new YouGov research from Shelter.
According to the survey of 4,014 people in Britain, over one in five...
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HMRC has urged anyone filing a self-assessment tax return for the first time to ensure they have registered for online filing by the end of this week.
The deadline for online self-assessment tax returns is 31 January, but those using the...
