Category Archives: Personal Legal Advice

Revenue and Customs briefs from 2007 and 2008 re-issued

On 12 January 2010, HMRC saw fit to re-issue a number of Revenue & Customs Briefs originally issued in 2007 and 2008. They have been allocated new numbers 78/2009 to 105/2009 inclusive, excluding numbers 87/2009, 98/2009, 100/2009 and 104/2009. It …

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The retired facing ‘complex’ tax regime

The tax system for people in retirement has been described as being too complex, and, as a result, too many older people overpay their taxes. The criticism has come from the House of Commons Public Accounts Committee. The MPs’ report …

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New fit note scheme could save businesses millions

The introduction this April of the ‘fit note’ scheme could save UK businesses £240 million over the next decade, the government has claimed. The scheme, which comes into effect on 6 April and replaces the old sick note system, is …

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Campaign to alert fathers to paternity rights

The government is to run a leaflet and poster campaign in order to raise awareness among working fathers of their paternity entitlements. At the moment, fathers of new babies can claim two weeks’ paid paternity leave provided they have a …

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Flexible working means ‘healthier’ employees

Employees who work flexible hours enjoy better physical and mental health, it has been claimed. Researchers at the Cochrane Library, which assesses published studies, have produced a report arguing that staff who have a degree of control over the way …

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New limits on employment rights awards announced

The government has published details of the latest awards and payments that may be made in certain employment rights cases. The new limits are index-linked and came into effect on 1 February. They cover the maximum amount of compensatory awards …

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Consultation on retirement age closes

The government’s consultation into the future of the default retirement age of 65 has closed. At the moment, employers can oblige workers to retire at 65 unless both parties agree otherwise. However, the government is looking at proposals to scrap …

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Flexible working rights should be extended

The government is believed to be looking at plans to give all employees the right to request flexible working. Yvette Cooper, the Work and Pensions Minister, said that her department is investigating ways of allowing more people to adopt flexible …

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Recession over, official figures declare

The UK economy has finally emerged from one of its deepest economic downturns. Preliminary figures from the Office for National Statistics (ONS) showed that in the last three months of 2009 the economy expanded by 0.1 per cent, ending six …

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Changes recommended to boost defined contribution pensions

The Association of British Insurers (ABI) has produced a series of proposals aimed at improving the returns that employees receive from defined contribution pensions. The paper, entitled ‘Time for Change: Seven proposals to improve DC pension benefits in retirement’, argues …

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New pension plans should be adapted for temporary workers

The new government-backed compulsory pension programme, due to come into effect in 2012, needs to take more account of temporary workers, it has been claimed. The Recruitment and Employment Confederation (REC) has argued that the plans for personal account pensions …

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Savers could be hampering economic recovery

The number of households that are using their money to pay down debts or to boost their savings is on the increase and could be having an adverse effect on the economic recovery. Worries over prospects for the UK economy …

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Internet retailers ‘ignore’ trading regulations

A significant number of internet shopping websites could be in breach of rules set up to protect customers. Which?, the consumer rights group, has claimed that many online retailers are not complying with the regulations covering distance selling. One of …

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Rise in national insurance contributions could pressure wages

The Chancellor’s decision to increase national insurance contributions might see a squeeze on wages, a think tank has warned. The Institute for Fiscal Studies (IFS) has said that employees on just £14,000 a year could be hit as employers tighten …

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Pre-Budget Report 2009: an outline summary

Tax VAT is to revert to 17.5 per cent as of 31 December, but no other VAT measures are planned Employer and employee national insurance contributions to rise by further 0.5 per cent as from April 2011, although the threshold …

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Innovation seeing small firms through the recession

Many small businesses have been able to negotiate the recession by creating new products and services, but still need support through tax cuts, a major new survey has claimed. The survey, carried out by the Federation of Small Businesses (FSB), …

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Homes to prop up retirement savings

A significant number of people are planning to use the value of their homes to support their retirement income, new research has suggested. A survey of 4,000 homeowners, carried out for insurers LV, found that 12 per cent of those …

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Property price increases may need ‘tax’ controls

A member of the Bank of England’s rate-setting Monetary Policy Committee has suggested that taxation may be needed to curb future boom-bust fluctuations in the UK housing and commercial property market. Adam Posen, an economist on the nine-strong MPC, used …

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In my experience 9 out of 10 Directors have poorly constructed wills

It is often stated that up to 70% of the population does not have a will. In my experience this is not the case, it would be more correct to state that up to 90% of all Share Owning Directors …

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Prioritise enduring power of attorney

Everyone over the age of 30 should ensure they have a Power of Attorney. In addition families with older relatives should act fast to establish an enduring power of attorney before changes to the rules complicate the process. The changes, …

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