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Low Income Tax Reform Group calls for the Inland Revenue to ease pensioners self assessment plight

The Low Incomes Tax Reform Group is lobbying the Inland Revenue to ease the worry of self-assessment for low income pensioners.

The group which was set up by the Chartered Institute of Taxation to assist those individuals least able to help themselves and to promote a mare tax friendly system for low earners.

The group has called for immediate action by the Revenue to help ease the worry of unnecessary self-assesstment forms.

It is asking the Revenue to write to pensioners whose income is to low to pay tax, but have received self assessment forms, to tell them to return the forms uncompleted and regard them as nil returns.


City designate July 6 as K day for Kosovo

The City of London firms are linking up with Save the Children in a special appeal for the children of Kosovo.The focus of the appeal will be Tuesday July 6 which has been designated &#39K day&#39 in the City.The charity is appealing for donations of unwanted foreign coins built up through business travel abroad to […]

Exclusive Connections launches three year cap

Mortgage packager Exclusive Connections has launched a three-year capped-rate loan.The rate is capped at 5.37 per cent for loans up to 95 per cent loan to value until July 1, 2002.The loan is funded by Bristol & West and carries a £299 arrangement fee.Redemption penalties are 4.5 per cent in the first two years, 4 […]

Cheltenham & Gloucester launches cashback and discount mortgages

Cheltenham & Gloucester has launched a range of discount rate and cashback mortgages.For loans up to 90 per cent loan to value C&G is offering a 5 per cent cashback through its cash gift mortgage this is subject to a mum of £12,500.For loans up to 95 per cent LTV the cash gift is restricted […]

Willetts appointed shadow social security secretary

William Hague has appointed Tory intellectual David Willetts as shadow Social Security Secretary in this week&#39s shadow cabinet reshuffle. Iain Duncan Smith moves to become shadow defence secretary.


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