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Reading Time | 2 mins 17 Apr 2012

Retirement planning failures push savers to work past 70

Reading Time • 2 minsPoor pension and annuity choices mean that savers could risk dramatically cutting their retirement income by nearly a quarter (24 per cent), according new a report made by the Pensions Policy Institute (PPI) for the National Association of Pension Funds (NAPF).
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Reading Time | 2 mins 17 Apr 2012

Apprenticeship funding to benefit businesses and young workers

Reading Time • 2 minsAs part of National Apprenticeship Week, Prime Minister David Cameron has announced a new round of funding which will support thousands of young workers through new apprenticeship schemes.
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Reading Time | < 1 min 17 Apr 2012

HMRC business record checks halted

Reading Time • < 1 minHMRC has announced it will delay the implementation of its business records checks (BRC) programme, following a review with trade and professional bodies' representatives.
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Reading Time | < 1 min 17 Apr 2012

P45 tax form to remain

Reading Time • < 1 minPlans to replace to the current P45 tax form with a new 'leaver statement' have been scrapped following a consultation about HMRC's introduction of its Real Time Information (RTI) programme.
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Reading Time | < 1 min 17 Apr 2012

Record number of self-assessment tax returns were filed on time

Reading Time • < 1 minA record 9.45 million self-assessment tax returns were filed on time this year, with a record 7.65 million (80.9 per cent) of them filed online, says HMRC.
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Reading Time | < 1 min 17 Apr 2012

Government under fire over latest tax avoidance scheme

Reading Time • < 1 minThe Government has been heavily criticised after it was revealed that the Student Loans Company CEO was being paid via an agreed tax avoidance scheme, just weeks after Exchequer Secretary to the Treasury, David Gauke, announced that tackling tax avoidance was a top priority.
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Reading Time | < 1 min 17 Apr 2012

Policy maker accuses banks of failing businesses

Reading Time • < 1 minDr Adam Posen, a member of the Bank of England's Monetary Policy Committee, has lashed out at banks for not lending enough to small and medium-size enterprises, calling them 'reluctant risk adverse jerks'.
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Reading Time | 2 mins 17 Apr 2012

IFS argues for major Budget tax cut

Reading Time • 2 minsThe Institute of Fiscal Studies (IFS) has argued that taxes in the upcoming March Budget could be viably cut in order to boost the economy.
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Reading Time | < 1 min 17 Apr 2012

SMEs to be given a helping hand to boost growth

Reading Time • < 1 minA new Government training programme aimed specifically at developing small and medium sized enterprises (SMEs) is scheduled to begin in March 2012.
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