Home » 2013 (Page 106)
Office of Fair Trading warns payday lenders to clean up their act or face closure
15 January 2013 Payday lenders face being shut down if they don’t clean up their act, the Office of Fair Trading (OFT) has warned. In a damning statement the OFT…
Andrew Hagger: This review will act as a wake-up call to Britons and prove a boon to a host of innovative, online financial providers
15 January 2013 The Retail Distribution Review comes into effect on 31 December and will change the way retail customers pay for financial advice. Financial advisers will no longer be…
Tax-relief cap on gifts ‘not Conservative’
15 january 2013 Lord Ashcroft, the former deputy Tory chairman, has attacked the Government’s plans to cap the tax relief on charitable donations as “profoundly un-Conservative”. The Tory donor, who…
Moves afoot to put paid to UK’s aggressive debt collectors
15 January 2013 We can all expect to hear more about bailiffs in the next few months. The Ministry of Justice is planning to reform parts of the 700-year-old framework…
Former Shell chief joins attacks on Government tax relief cap
15 january 2013 The City grandee Sir Mark Moody-Stuart has joined the argument over the Government’s plans to cap tax relief on charitable donations. He warned the so-called charity tax…
Goldman Sachs pays £4.1m tax on £1.9bn profit Goldman
15 january 2013 The London arm of Goldman Sachs paid only £4.1m in corporation tax to the Treasury last year despite making pre-tax profits of £1.92bn, annual accounts have revealed.…
Thousands of civil servants paid via private firms to cut tax bills
15 january 2013 The Government is paying more than 2,000 senior public officials “off payroll”, allowing them to avoid thousands of pounds in tax, it emerged last night. Ministers ordered…
Payday lenders face closure as watchdog bares its teeth
15 January 2013 Payday lending – short-term loans at sky-high interest rates – is now firmly in the dock. The Office of Fair Trading reckons there is widespread abuse going…
Government’s charity tax cap will cost 10,700 jobs, claims report
15 january 2013 The total cost of the Government’s decision to cap tax relief on charity donations could be £1.5bn a year, new research suggests. An analysis by the economic…
BBC to air allegations of UK firms avoiding tax
15 january 2013 Several major UK firms cut secret tax deals with Luxembourg authorities to avoid paying corporation tax in Britain, it will be alleged next week. An investigation by…
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