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....“It’s caused a huge amount of inconvenience for Italians and we insist on the absolute respect for passengers’ rights,” he said. “We will monitor the situation, but we can’t make allowances for such a huge amount of disruption. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 11:57:42 AM
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....McCann said marriage brings a number of tax benefits, as spouses and civil partners escape inheritance tax (IHT) on assets they leave to each other. “They can also double their £325,000 IHT allowances to £650,000. ... [Read full article on Daily Express ]
Wednesday 20th of September 2017 09:31:00 AM
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....Is there £662 out there with your name on it? Two million couples have failed to claim their share of £1. 3bn of marriage allowance cash, it has emerged. ... [Read full article on Guardian ]
Saturday 23rd of September 2017 06:00:08 AM
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Latest Finance News related to Allowance

The £230-a-year marriage allowance you could be missing out on image
Source : Guardian [Read Article] Saturday 23rd of September 2017 06:00:08 AM
....Is there £662 out there with your name on it? Two million couples have failed to claim their share of £1. 3bn of marriage allowance cash, it has emerged. ...
Ryanair cancellations raise worries in Italy over Alitalia takeover image
Source : Guardian [Read Article] Wednesday 20th of September 2017 11:57:42 AM
....“It’s caused a huge amount of inconvenience for Italians and we insist on the absolute respect for passengers’ rights,” he said. “We will monitor the situation, but we can’t make allowances for such a huge amount of disruption. ...
Why you should check your finances before getting married in later life image
Source : Daily Express [Read Article] Wednesday 20th of September 2017 09:31:00 AM
....McCann said marriage brings a number of tax benefits, as spouses and civil partners escape inheritance tax (IHT) on assets they leave to each other. “They can also double their £325,000 IHT allowances to £650,000. ...
Launch of iPhone X is a reminder of the perils of paying monthly for your mobile image
.... Klaus Henke of Billmonitor says there are instances where customers are not told their data usage until they go over it. “If you have an allowance of 2GB, they will not tell you that you only use 300MB and that you could save on your tariff. ...
Ryanair tries to appease passengers with list of flights cancelled until Thursday image
....Kenny Jacobs, Ryanair’s chief marketing officer, said the company was “working hard to fix” the problem, after it announced a 2% reduction in scheduled flights until the end of October. The airline is changing its internal calendar as part of increases in holiday allowances for pilots and cabin staff, which has contributed to the backlog in staff leave. ...
Why you should invest your money both in Britain and overseas image
Source : Daily Express [Read Article] Sunday 17th of September 2017 01:55:00 PM
....”. Connolly says the average investor should have around 40 per cent UK exposure and tips funds such as the HSBC FTSE All Share Index, Liontrust Special Situations and Threadneedle UK Equity Income, which can all be bought inside your tax-free Isa allowance. ...
Ryanair cancels 40 to 50 flights a day for staff to go on holiday image
Source : Guardian [Read Article] Saturday 16th of September 2017 01:26:44 AM
.... No one available on your online chat or customer service!! Sort it out!!!!. The airline is changing its internal calendar as part of increases in holiday allowances for pilots and cabin staff, which has contributed to the backlog. ...
Two million UK families face £50-a-week cut in income image
Source : Guardian [Read Article] Saturday 9th of September 2017 08:30:17 PM
....5% in the north-east. The report warns that there is now a looming “affordability crisis” because cuts to housing benefit, known as local housing allowance (LHA) for private renters, mean it is no longer linked to real rents, pushing people into poverty or even homelessness. ...
How to fly Ryanair without paying all the extras image
Source : Guardian [Read Article] Saturday 9th of September 2017 06:00:00 AM
.... Currently, those not prepared to queue for ages and who board later than others almost automatically have their wheelie bag tagged to be put in the hold, and must therefore wait for it to reappear on the carousel at their destination. But Ryanair agents almost never tag sports holdalls, which can easily carry the same 10kg allowance as rigid wheelies. ...
Dash from cash warning: Rise in savers who prefer to gamble on stock market  image
Source : Daily Express [Read Article] Wednesday 6th of September 2017 11:42:00 AM
....Danny Cox, chartered financial planner at Hargreaves Lansdown, says this reflects the fact that the stock market has produced superior long-term returns and that stocks and shares investors tend to hold on for longer, compounding their gains. The personal savings allowance, which permits basic rate taxpayers to take the first £1,000 of interest on savings free of tax (£500 for higher rate taxpayers) has also hit demand for cash Isas. ...
Ryanair: pay £5 for priority boarding to carry on wheelie bags image
Source : Guardian [Read Article] Wednesday 6th of September 2017 08:08:37 AM
.... A second, larger, wheelie bag will have to be placed in the hold free of charge at the boarding gate, to be collected at baggage reclaim on arrival. Ryanair is also lowering checked bag fees – a move that will cost the airline €50m (£46m) a year – and increasing the weight allowance to encourage more customers to check in luggage. ...
Proper carbon tax could wipe billions from polluters' profits image
Source : Guardian [Read Article] Monday 4th of September 2017 06:01:05 AM
.... Many schemes, such as those in the UK and Europe, involve quota systems, whereby companies are given pollution permits that can be traded on an exchange. The European Union’s emissions trading system (ETS) is the world’s biggest scheme for trading greenhouse gas emissions allowances. ...
How to make studying for a degree work for you image
Source : Guardian [Read Article] Saturday 2nd of September 2017 06:00:07 AM
....Every student is liable for income tax and national insurance on their earnings, just like any other worker, writes Patrick Collinson. But there are a number of allowances which mean that, in reality, you should not have to pay anything – unless you are earning a packet (unlikely) or your employer got it wrong (more likely). ...
Cash ISAs 2017: Savings accounts plunge amid low rates as Britons turn to investments image
....25 per cent last year, which sparked huge drops in the returns offered by high street savings accounts and cash ISAs. The drop in ISA saving is also thought to be down to the personal savings allowance introduced last year, which allows basic rate taxpayers to receive £1,000 of cash interest tax-free each year. ...
Popularity of cash Isas collapses in space of year image
Source : Guardian [Read Article] Thursday 31st of August 2017 04:58:49 PM
.... For a higher-rate taxpayer the threshold is £500. This is called the personal savings allowance and means most people no longer pay tax on savings interest, a change the banking body UK Finance said recently had reduced the attraction of cash Isas. ...
Poundland 'gets jobless to work for free under government scheme' image
Source : Guardian [Read Article] Wednesday 30th of August 2017 10:34:03 AM
.... It said a number of work experience workers had been given a permanent job, but could not say exactly how many. In 2013, the chain was at the centre of a legal action against the government by Cait Reilly, a geology graduate, who won a case arguing that it was unlawful to force her to work for free at the budget chain as a condition of her claiming jobseeker’s allowance. ...
Should companies be forced to put workers on boards? | Frances O’Grady and Sam Bowman image
.... The government cannot legislate for more John Lewises. If it wants to give workers higher pay it should strengthen working tax credits and boost allowances for firms to invest in capital, not undermine corporate governance. ...
House price fall renews concern over cooling UK economy image
Source : Guardian [Read Article] Tuesday 29th of August 2017 07:15:43 AM
....“Prices likely will continue to struggle to rise much, given that inflation still has further to rise, consumer confidence has deteriorated sharply since June and lenders intend to reduce the supply of unsecured credit. “From February, new lending also will not generate borrowing allowances from the Bank’s term funding scheme, raising the costs of credit significantly. ...
Tory pledge on more free childcare in disarray image
Source : Guardian [Read Article] Saturday 26th of August 2017 09:00:46 PM
....According to the latest figures, revealed in a letter sent by the Department for Education to local authorities and seen by the Observer, 82,000 parents entitled to the extra childcare have not yet secured a place for their three and four-year-olds. The offer, which doubles the current government-funded allowance, was a flagship Tory election pledge and is due to be implemented on Friday. ...
How to avoid Inheritance Tax: Expert warns HMRC to hit families HARDER this year image
....Fortunately, there are many ways to easily and legally avoid the duty. Everyone has gifting allowances, and any wealth given away more than seven years before death is not liable for tax. ...
A free railcard or a £2,000 overdraft? How to pick the best student account image
....Vicki Wentworth of Wesleyan said: “With average university debt tipping the £50,000 mark, it’s understandable that parents might want to help. But it is a big financial commitment and the earlier they start planning and making the most of tax-efficient savings products – in particular using their full Isa allowance – the more affordable it will be over the long term. ...
Inheritance tax: Shock poll reveals pensioners' DESPAIR at not leaving more to children  image
....While many believe the value of their estate is likely to be eaten up by the Government's social care policy. Assets which fall above the £325,000 inheritance tax threshold, and the £100,000 extra allowance for the main home, will also be liable for the duty at a rate of 40 per cent. ...
Inheritance tax: The trick that allows grandparents to avoid death duty image
Source : Daily Express [Read Article] Wednesday 16th of August 2017 04:05:00 PM
....The inheritance tax threshold has been frozen at £325,000 since 2009, hitting more bereaved families with the levy at a stinging rate of 40 per cent. This year an additional £100,000 of allowance can be used to reduce the duty paid on the main home. ...
From standup comedy classes to free massages – wellness at work goes mainstream image
.... It also offers staff on-site fitness centres, an array of healthy food options, financial planning advice, substantial parental leave entitlements, medical support and complementary therapies as well as personal development and learning opportunities tailored to individuals’ interests. Expedia, which was recently voted the best employer for work-life balance in the UK according to Glassdoor, also offers employees some impressive perks, including a travel allowance of between £6,000 and £10,000. ...
Buy-to-let landlords: Five top tips that could save you THOUSANDS image
Source : Daily Express [Read Article] Wednesday 9th of August 2017 08:30:00 AM
Britain’s young suffer as austerity continues to take its toll | Letters image
.... It might be easier to link those increases to governments’ negligence. They have allowed the single adult jobseeker’s allowance to rot on the vine, from 1979 when it was 21% of average earnings, to 2008 when it had fallen to 10. ...
Inheritance tax: The secret loopholes to help protect YOUR money from dreaded death duties image
....The amount raked in by HMRC through inheritance duties hit a record high last year, as the tax threshold remains stuck at the same level since 2009. An additional £100,000 of allowance can be used to reduce the duty paid on a main home. ...
Interest rates: Winners and losers revealed following a year of record low interest rates image
....The collapse of cash has pushed many otherwise cautious investors into the stock market, where they have been amply rewarded over the past 12 months. New figures from Fidelity International show that if you had invested your full £15,240 Isa allowance in the FTSE All Share on August 4 last year, it would now be worth £17,462, giving you an extra £2,222. ...
Lifetime Isa proving popular as young savers rush to snap them up image
Source : Guardian [Read Article] Saturday 5th of August 2017 06:00:04 AM
....5% interest. The society said a 25-year-old maximising the annual allowance for eight years would have a pot of around £40,776 by the age of 33. ...
Goodbye to buy-to-let: why I’m moving on after 13 years as a landlady image
Source : Guardian [Read Article] Saturday 5th of August 2017 05:59:04 AM
....Were it not for all the changes above, I would be content to carry on letting it. My husband and I will combine our capital gains allowances of £11,000 each. ...
Should I renegotiate my offer price after survey points to problems? image
Source : Guardian [Read Article] Monday 31st of July 2017 08:51:02 AM
....Do we ask the vendor to rectify the problems before we move in to the flat or do we try to renegotiate the offer? We estimate the cost of the works will be £4,000 to £5,000. Or is it possible to get an allowance from the mortgage company? It might be worth mentioning that the flat is currently vacant so any works would be done in an empty property. ...
Tax raid on YOUR pensions: Shock as savers overcharged £26million in THREE months image
.... Or you can take out smaller amounts, of which the first 25 per cent will be tax-free on each occasion. But you will have to pay more income tax on the amount you withdraw over and above 25 per cent tax-free allowance. ...
Why has Flybe put its cheap student luggage deal on hold? image
Source : Guardian [Read Article] Sunday 30th of July 2017 06:00:12 AM
....I was delighted to discover that Flybe, which operates out of Southend (our closest airport), flies direct to Eelde airport on the outskirts of Groningen. It also offers a “student hold luggage deal” offering 46kg for the price of only 23kg which, according to the website, is because Flybe “appreciates that, for students, living away from home … a generous hold luggage allowance is important”. ...
‘I wonder if it’s worth getting up’: life in Corby, the debt capital of Britain image
.... Gerry worked for most of his life as an engineer at food factories but lost his job nine months ago. His jobseeker’s allowance is being switched over to universal credit, with a six-week gap between the two, the 63-year-old says as he sorts through his food parcel. ...
Graduate anger mounts over ‘nightmare’ Student Loans Company image
Source : Guardian [Read Article] Saturday 29th of July 2017 06:00:43 AM
....A repeated complaint is about the intrusive questioning and demands. Another graduate, who this time gave up his job to switch careers, described the problem of convincing the SLC he wasn’t working because he was not claiming jobseeker’s allowance. ...
INHERITANCE TAX SHOCK: Government rakes in £5BN record high from Britain's dead image
....At the same time, house prices have surged exposing more people to inheritance tax at a rate of 40 per cent. From April this year, the allowance became more generous for higher value homeowners, helping people to pass on more of their wealth to loved ones. ...
Charles Tyrwhitt founder, Nick Wheeler: 'I'm allergic to bureaucracy' image
Source : Guardian [Read Article] Thursday 27th of July 2017 06:00:42 AM
.... It means I could do what I like; if I don’t want to go into work one day, I don’t have to. Chrissie and I are not locked into [a holiday allowance]. ...
Inheritance tax grab: HMRC swipes MORE money in 'aggressive' raid on grieving families image
.... . McCann said that despite the new allowance, quarterly IHT receipts leapt by £285million compared to the same time last year. ...
Toddlers dragging suitcases – this is passengers’ Ryanair revenge | Anne Perkins image
.... This latest spat is simply a sign that the passengers have nosed ahead on one very narrow front in the battle, and good on them. It’s very simple, the Ryanair offer: they want families to fly with them, they offer family bargains, including a tempting on-board luggage allowance for the kids, and obviously parents sign up and then stuff those little suitcases with 10kg-worth of stuff that is indispensable to toddler happiness, or at least their parents’, for who knows what will be available on a campsite in Spain. ...
Travellers are taking advantage of bag rules to avoid fees, says Ryanair image
.... Instead, travellers are avoiding charges by bringing more and more luggage into the cabin. Ryanair’s chief financial officer, Neil Sorahan, said the airline could review its second bag allowance, introduced in late 2013, as passengers were starting to “take the piss”. ...
Why not fund the welfare state with a 100% inheritance tax? | Abi Wilkinson image
.... There’s some value in respecting the wishes of the dead, yes, but why is that more important than social housing, healthcare or any number of other possible uses for the money? It’s natural to want to protect and care for your family, but what about people who don’t stand to inherit a penny? Is there any reason their needs should matter less? We have to fund our state somehow – what makes inheritance tax more objectionable than income tax or VAT charged on essential consumer goods?. A 100% estate tax (perhaps with a small allowance for objects of sentimental value) isn’t a policy we can expect to see in a party manifesto any time soon. ...
Should frustrated savers gamble on the stock market or play it safe? image
Source : Guardian [Read Article] Monday 24th of July 2017 06:00:28 AM
....Taking advantage of all of the available tax perks can see cash savers making gains without taking extra risk. Nigel Yeo of The Private Office says that by using pension allowances, funding Isas and making sure that assets are held in the name of a husband or wife depending on their tax position, among other moves, can result in as much of a return as riskier investments. ...
While Hammond looks for a magic money tree, Labour has found one | Larry Elliott image
....One argument against a financial transaction tax is that it would lead to fewer transactions and so would not raise any money. Persaud said he accepted that the tax would change behaviour (indeed, that is part of the reason for having one), but that he had already made allowances for the reduction in activity in his calculations. ...
Secure your worldly wealth: Tips to make sure you pass your wealth to the right person image
.... Connolly adds that giving assets away during your lifetime may reduce the size of your estate for inheritance tax purposes, although gifts are only entirely IHT-free if you live another seven years. That said, there is an annual allowance that lets you gift up to £3,000 free of IHT or £6,000 if you did not use this in the previous tax year. ...
Savers warned as pension SUPER tax stings 80% more people image
Source : Daily Express [Read Article] Friday 21st of July 2017 03:58:00 PM
....Mr Holmes recommends using ISA alongside pensions to shelter savings from the tax man. He added: “This will allow them to continue to make investments without having to worry about being caught out by the highly punitive Lifetime allowance levy. ...
The real cost of regeneration image
Source : Guardian [Read Article] Friday 21st of July 2017 05:00:09 AM
.... The Cifuentes family, one of whom used a wheelchair, was left without ramps, hoists or any means of escape in a fire, and without a lock on the front door. Repairs were so slow and haphazard that, at one point, the family had to move out for over a month, and the disabled member could only have his needs met by going into a respite unit – whereupon they were threatened with losing their carer’s allowance, their disability allowance and their car. ...
Jeremy Corbyn could rip away YOUR state pension: Labour set to 'means-test' key benefit image
....Mr Selby indicated there were currently two thoughts on how the pensions issue could be addressed. One could be to allow people to access the pensions system earlier but with reduced payments, where someone who wanted to retire earlier would get less but over a longer period of time, which would equate to the figure of someone retiring later but taking the full allowance. ...
British Airways cabin crew extend strike into August holiday peak image
Source : Guardian [Read Article] Wednesday 19th of July 2017 05:25:45 PM
....Unite believes the extended action will soon leave BA unable to fill holes in rosters as non-striking crew – including some drafted in from other departments – reach a legal maximum on flying hours. The dispute started over pay for cabin crew, which starts at £12,100 in basic salary, but is pushed above £21,000 with bonuses and allowances, according to BA – a figure disputed by Unite, which says many crew members make around £16,000. ...
Carolyn McCall to become ITV chief executive image
Source : Guardian [Read Article] Monday 17th of July 2017 06:15:51 AM
.... This is slightly less than the £30m McCall earned from starting at easyJet in 2010 to the end of the airline’s financial year in September. The broadcaster is paying McCall a base salary of £900,000, £41,000 less than Crozier, and her pension allowance has been reduced to 15% of her salary compared with her predecessor’s 25%. ...
British Airways cabin crew strikers prepared for long haul image
Source : Guardian [Read Article] Saturday 15th of July 2017 03:00:09 PM
.... The union says £16,000-17,000 is a typical figure, and crew at the Westminster rally agree: one, now a customer service manager earning £27,000, says they had worked for five years before promotion “and every P60 says I’ve earned under £20k”. Long-haul stopovers have lost their allure for many, with allowances that do not cover the cost of the cheapest meal in most airport hotels abroad where staff stay – even before the value of the pound tumbled. ...
Pension changes: Anger as workers hit with 'OUTRAGEOUS' tax hikes  image
Source : Daily Express [Read Article] Thursday 13th of July 2017 03:42:00 PM
. Workers could be hit with stinging tax bills after changes to saving allowances, which are to be applied from April 6 2017. ...
Recruitment advisers' tax scheme liquidated after HMRC asks questions image
....The structure was used to justify registering thousands of tiny companies for the flat-rate VAT scheme, which allows very small firms to charge VAT at 20%, but pay it back to the exchequer at about half that rate. It also created thousands more companies from which to claim the government’s £3,000 employment allowance, a jobs subsidy that is only claimable once a year by a single firm. ...
Risk of poverty in UK greater when father is sole breadwinner, finds IFS image
.... “Income inequality is now at its lowest level since the mid-1980s and our reforms to the tax system mean hardworking people are keeping more of what they earn. “Increases to the personal allowance have taken millions out of income tax altogether and reduced tax bills for some of the lowest earners by £1,000 a year. ...
Ending austerity means increasing taxes or deficit, warns thinktank image
Source : Guardian [Read Article] Saturday 8th of July 2017 07:00:02 AM
.... Allowing working age benefits to rise in line with inflation from next April would cost £3. 6bn by 2021-22, while reversing the cuts to work allowances in universal credit would cost around £3. ...
Gig economy: there's an easy way to end abusive working conditions image
Source : Guardian [Read Article] Thursday 6th of July 2017 09:00:07 PM
.... Given how much Gobbetti is being paid – up to £7. 3m-a-year, including an £80,000 allowance for clothing, a car and travel – you’d hope he’d be loyal to the brand naturally when he needs a new mac. ...
BA cabin crew to stage new 14-day strike image
Source : BBC [Read Article] Wednesday 5th of July 2017 05:27:57 PM
....They fly only out of Heathrow, and on both short-haul and long-haul routes, but not in the same planes as colleagues on the legacy conditions of employment. Unite estimates that, on average, mixed-fleet cabin crew earn £16,000 a year, including allowances. ...
Hinkley Point C: the government should start planning alternatives | Nils Pratley image
.... The additional costs relate to mundane matters, such as “a better understanding” of UK regulators’ requirements and “the volume and sequencing of work on site”. These are planning areas in which EDF would surely have made allowances for uncertainties. ...
Extra £1bn for Northern Ireland will barely dent public finances image
Source : Guardian [Read Article] Tuesday 27th of June 2017 05:04:26 PM
....”. But the demand by the Democratic Unionist party that Theresa May rescue the triple lock on pensions and the winter fuel allowance from Philip Hammond’s chopping board gives the chancellor a bigger headache. ...
Car finance: Is it time to go down the PCP and HP road? image
Source : Daily Express [Read Article] Sunday 25th of June 2017 01:27:00 PM
....". Another concern is that there are charges for exceeding your mileage allowance, which can be up to 10p a mile. ...
Philip Hammond hints government will ease up on austerity image
Source : Guardian [Read Article] Sunday 18th of June 2017 09:51:43 AM
....”. Pressed on whether the government would have to change direction, particularly if it did a deal with the DUP, which is opposed to cuts to the winter fuel allowance and the end of the triple lock on pensions, he replied: “We will look at all these things. ...
 Five minute guide to making mobile calls in the UK image
Source : Daily Express [Read Article] Sunday 18th of June 2017 12:01:00 AM
....” . Maundrell says the new “roam like at home” rules mean you can now use the minutes, texts and data on your contract as normal: “You will still be charged for anything you use over your contract allowance, so watch your usage. ...
Philip Hammond under pressure to spend to lure voters back to Tories image
Source : Guardian [Read Article] Saturday 17th of June 2017 03:00:41 PM
....But Torsten Bell, director of the Resolution Foundation, said it was clear that Hammond took a different view and was unreceptive to the idea of permitting a big increase in the deficit. Bell said one way to pay for spending increases would be to delay some of the more expensive proposed tax cuts – raising the personal allowance, increasing the upper rate threshold and reducing corporation tax – that the government has lined up for the current parliament. ...
BA cabin crew call two-week strike in July over pay dispute image
Source : Guardian [Read Article] Friday 16th of June 2017 01:51:16 PM
.... However, a number of flights have been cancelled, and the airline has also chartered or “wet leased” planes and crew from other airlines such as Titan and Thomson Airways to continue operating services. Pay at the fleet starts at a basic rate of just over £12,000, although the airline says that with flying pay and allowances most crew earn more than £21,000. ...
Taxman has his sights on Bank of Mum and Dad as complex rules increase  image
Source : Daily Express [Read Article] Wednesday 14th of June 2017 08:15:00 AM
....Adrian Lowcock, investment director at wealth managers Architas, said that everyone can give away up to £3,000 a year without any IHT charge. “You can also use any unused allowance from the year before, which means that you could give away £6,000 in total this year totally free of IHT. ...
Pensions triple lock: What is the triple lock and will Theresa May get rid of it? image
....DUP deputy leader Nigel Dodds last month said that the party will “oppose plans to break the pensions triple lock and to means test present universal benefits for pensioners”. Labour promised to protect pensions during its campaign, with Jeremy Corbyn saying: “Labour will legislate to guarantee the triple lock on state pensions over the next parliament, and we’ll protect the winter fuel allowance and free bus passes. ...
While Corbyn inspired the young, May was terrifying the old image
Source : Guardian [Read Article] Sunday 11th of June 2017 06:00:47 AM
.... But the young must stay vigilant: another lesson of the campaign was that there are vast numbers of older voters who still demand that the government fund their retirements with universal benefits. It was a disaster for May when the Tory manifesto threatened a tax on social care that became the “dementia tax” and a vague commitment to means-test the winter fuel allowance. ...
Election 2017: Hung parliament WORST possible outcome for pensions, say experts image
....“The MPAA reduction is particularly problematic because the Government said it would apply from 6 April 2017 but never actually put this into law. "We therefore need urgent clarity on whether this will be applied retrospectively – this would be particularly harsh given many savers will have had no idea the new allowance had been announced. ...
EU court told workers can claim compensation if not given holiday pay image
Source : Guardian [Read Article] Thursday 8th of June 2017 10:38:55 AM
....Tanchev said: “A worker, like Mr King, may rely on [EU law] to secure payment in lieu of untaken leave, when no facility has been made available by the employer, for exercise of the right to paid annual leave . Upon termination of the employment relationship a worker is entitled to an allowance in lieu of paid annual leave that has not been taken up. ...
How will the General Election affect your money? Pensions, savings and tax compared  image
.... Here are how the two main parties plan to affect your everyday earnings and burdens. Income taxThe Conservatives have been steadily raising the personal allowance - the amount you can earn before paying income tax - and this is set to continue under Theresa May. ...
Burberry's Bailey to get £10.5m in shares when he checks out as CEO image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:35:18 PM
....In 2014 the company had endured a bruising annual meeting with its shareholders, who voted against its remuneration report to protest about Bailey’s pay. His pay deals also include a £440,000 allowance to cover clothes and other items. ...
Tories have ‘shameful record’ on FOBT gambling, says Labour image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:19:03 PM
....The data also provide fresh evidence of “clustering” by bookmakers, which have been accused of targeting areas suffering from low wages, high unemployment and high rates of child poverty. Forty-three parliamentary constituencies have more than 30 betting shops, of which 74% have a higher-than-average claimant count for jobseeker’s allowance or universal credit. ...
Skipton Building Society to launch cash Lisa – that’s a lifetime Isa  image
Source : Daily Express [Read Article] Tuesday 6th of June 2017 02:36:00 PM
....” . Savers can split their overall 2017-18 Isa allowance of £20,000 across a range of different Skipton products and make the Lifetime Isa part of their wider savings portfolio, the mutual said. ...
Lifetime ISA providers: First cash LISA launched by Skipton Building Society  image
.... If money is taken for another other reason a 25 per cent charge is applied, though this penalty doesn't take effect until April 2018. LISA savings count towards the overall £20,000 ISA 2017/18 allowance, but a cash and investment ISAs can be held at the same time as the Lifetime ISA. ...
Highest rate taxpayers at record level image
Source : BBC [Read Article] Thursday 1st of June 2017 08:14:15 AM
....These numbers are likely to have been relatively static, owing in part to the increase in the threshold at which these rates of income tax are paid. In 2010, the income tax personal allowance - the amount you are allowed to earn before paying any income tax - was £6,475. ...
Sky-high carbon tax needed to avoid climate catastrophe, say experts image
....Washington’s refusal to adopt a tax has deterred Brussels from moving to a more substantial charge on emissions, which would have the effect of increasing energy costs, at least in the short term, and imposing higher costs on European manufacturers. The European Union’s Emissions Trading System (ETS) is the world’s biggest scheme for trading greenhouse gas emissions allowances. ...
Take a break from the falling pound … you can still minimise your holiday costs image
....There is at least some relief for holidaymakers faced with mounting bills - there will soon be free mobile phone roaming across Europe, meaning that people will pay the same for using their phone in Europe as they would at home, no matter what EU country they happen to be in. “From 15 June, all the calls, texts and data you use in our Europe Zone will come out of your usual UK allowance,” says O2 in a text to customers this week. ...

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