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Consumers need lessons on tax affairs according to tax specialists

Taxation specialist i.e.taxguard is calling on the Government to instigate a broad based education programme to help people with their taxes.

It says there is a need for education to prevent millions of people being fined for not properly understanding their tax returns.

Research by the tax specialists found that more than two in five people find their tax affairs confusing while 61 per cent want help to complete their tax returns.

The firms marketing director Mike Crossley says: &#34There is something seriously wrong with the UK tax system when more than 700,000 consumers are fined for missing tax deadlines when, in truth, many find tax matters utterly confusing.&#34


Scottish Life announces half yearly results

Scottish life has recorded a35 per cent jump in new premiums for the first six months of the year.This represents an increase in equivalent annual premiums of nearly £20m on the same period of last year. New EAPs for the half year now stand at £75m up from £55.5m in 1998.Total annual and single premiums […]

Scottish Widows reports new buiness up

Scottish Widows has reported a 47 per cent increase in new business for the first six months of the year.The Scottish life office says equivalent annual premium business jumped to £279m from £190m for the first six months of the year compared to the same period last year.The company which is undergoing takeover talks with […]

Christian IFAs to discuss &#39The Year of Leaven&#39

The theme of this year&#39s Association of Christian IFAs conference will be &#34The Year of Leaven&#34.It is based around the concept that spiritual guidance could improve financial services planning in the same way as leaven (yeast) improves bread.The theme is intended to be provocative.ACIFA chairman Mark Roach says: &#34There is a lot of talk in […]

Mercury voted top fund manager

Mercury Asset Management has been voted Europe&#39s number one fund manager in the 1999 Primark Extel Survey.The survey polled the Eurotop index&#39s top 300 companies.This follows a recent Reuters Survey of the UK Larger Companies which elected Mercury as the &#39Best Fund Management Group&#39.MAM co-head Carol Galley says: &#34Our unrivalled ability to understand the companies […]


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