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Pray| Showing page 20 of 37 1... 15 16 17 18 19 20 21 22 23 24 25 ...37 | Last update: Wednesday 25th March |
| The taxman could owe millions of British workers as much as £3 billion in overpaid taxes dating back to 2007-08 and earlier, according to the report. And a backlog of underpaid taxes from four or more years ago could lead to HM Revenue and Customs demands for an extra £1.4 billion from taxpayers, said spending watchdog the National Audit Office. The NAO said the backlog was caused by the introduction of a system to combine National Insurance and PAYE income tax payments into one record. | |
| Money | ‘The Sentinel’ – July 21, 2010 |
| According to the report Why Christians Give – Understanding the Hearts and Minds of the 21st century Evangelical Donors, one in four donors stated that their giving has been impacted by the recession. However, the average monthly amount donated by respondents is 11.5% of their household income, of which 6.5% is given to local churches and 5% to Christian charities. | |
| Money | ‘Christianity’ – August 2010 |
| More than 7p of every £1 we pay in taxes is spent on our armed forces. A further 16p is spent on educating our children. However, an astonishing 36p in every £1 – more than one third of every penny of tax which we are forced to hand over pays for something which the last government euphemistically called ‘social protection’. | |
| Money | The Sentinel – June 21st 2010 |
| The UK borrowing deficit will outstrip any other country in the EU this year, according to figures from the European Commission yesterday. The group predicts UK net borrowing will be 12 per cent of output in 2010 – a higher proportion than any other country and above Greece’s 9.3 per cent. The Commission cut predictions for UK borrowing, but it still sees the budget deficit in the next two years as higher than projected by the Treasury. | |
| Money | The Sentinel, Thursday, May 6, 2010 |
| A pensions group has called on the Government to reform the state pension to lift two million people out of means-testing. The National Association of Pension Funds called for the basic state pension and the second state pension to be combined into a new Foundation Pension. It said this would be worth £8,000 a year. | |
| Money | The Sentinel, Monday March 29, 2010 |
| Money may not be able to buy you love, but in Japan it can buy you friends. Office Agents, a Japanese firm, rents out temps for $200 to fill out a wedding party or even fill up the room where the wedding is take place. | |
| Money | Lifetimes, Issue 81, December 09/January 10 |
| Government departments face the prospect of seeing their budgets slashed by a quarter following the general election, a leading financial think-tank warned last night, The Institute for Fiscal Studies said that defence, transport, housing and universities could all face deep cuts if Chancellor Alistair Darling’s Budget calculations are to add up. | |
| Money | The Sentinel, Friday March 26, 2010 |
| A pensions group has called on the Government to reform the state pension to lift two million people out of means-testing. The National Association of Pension Funds called for the basic state pension and the state second pension to be combined into a new Foundation Pension. It said this would be worth £8,000 a year. | |
| Money | The Sentinel, Monday March 29, 2010 |
| More than two-thirds of the cost of British regulation is laid at the EU’s door in a new report laid out today. The total domestic and European regulatory burden on the national economy has been £176 billion since 1998. The amount is roughly the same as the country’s budget deficit, and 72 per cent of it – £124 billion – results from EU-generated legislation, says the report. This means that EU regulation in the past 11 years has cost every UK household an average of £4,912, the Open Europe report says. | |
| Money | The Sentinel, Tuesday March 30, 2010 |
| Councils in England should prepare for lean years ahead, a report from the spending authorities warned today. Local authorities should be ready to take “tough decisions” on cash-saving moves such as pay freezes for staff, to avoid job cuts in frontline services, said the Audit Commission report. Councils have so far been cushioned from the worst impacts of the recession because the Government kept to a three-year funding settlement ending in 2011, said the commission. | |
| Money | The Sentinel, Tuesday March 23, 2010 |
| After a period of fierce political debate about marriage and the tax system, new evidence in February reveals the extent to which middle-income families are financially penalised by the Government’s refusal to recognise marriage in the tax system. Tax Burden on Families 2008/09, from the Christian social policy charity CARE, shows that a one-earner married couple with children, earning up to £33,000 a year, pays almost a third more tax in the UK than in the average OECD country and 18% more than the UK average. | |
| Money | Evangelicals Now, April 2010 |
| More than half of Scottish students have been forced to take on credit card debts or personal loans to cope with the cost of higher education – and the recession. A study by the National Union of Students found students are increasingly turning to high-cost commercial debt, while 70% are working more than the recommended ten hours a week to make ends meet. The vast majority, 88%, are in some kind of debt, two-thirds said they were increasingly reliant on family and friends to lend cash, and 54% felt they were worse off (already) because of the recession. | |
| Money | Life and Work – March 2010 |
| The government needs to find another £13billion in tax rises or spending cuts over the next five years to help restore the UK’s ailing public finances, a leading economic forecaster has warned. Measures already unveiled amount to a tightening of £57 billion, or 4.1 per cent of national income, the Institute for Fiscal Studies (IFS) said as it called on the treasury to do more. The government needs to find another £13billion in tax rises or spending cuts over the next five years to help restore the UK’s ailing public finances, a leading economic forecaster has warned. Measures already unveiled amount to a tightening of £57 billion, or 4.1 per cent of national income, the Institute for Fiscal Studies (IFS) said as it called on the treasury to do more. | |
| Money | The Sentinel – February 4th 2010 |
| The price of gold has jumped by almost 60 per cent since the near collapse of the global financial economy in autumn 2008. Demand for the commodity rose as investors piled cash into buying gold as an alternative to shares. It has pushed the price of the precious metal to around the $1,100 per ounce (£22 per gram) mark – up from $700 when investment bank Lehman Brothers collapsed. | |
| Money | The Sentinel – February 2nd 2010 |
| One in 10 people has gone into debt to cover the cost of Christmas and six per cent are still repaying money they borrowed for presents last year; a survey showed today. Around eight per cent of people admitted they had used debt to pay for their festive spending this year, borrowing money from a financial services firm or family and friends. | |
| Money | The Sentinel – 29th December 2009 |
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