|
Edition 69: May 2nd
2008 News
Chancellor Admits 10p Tax Concessions Are 'Complex'
News Chancellor admits 10p tax concessions are 'complex' Alistair Darling has conceded that compensation for those taxpayers hit by the abolition of the 10p income tax rate will need time to be fully implemented. Addressing MPs, the Chancellor also said that changes to the tax regime needed to accommodate the compensation packages could prove to be "quite complex". Compensation is being aimed at low-paid workers without children and pensioners aged under 65.
The Chancellor intends to help pensioners through extra cash
payments as part of the winter fuel allowance. Details, he said,
would be announced in the near future. Helping low-paid workers
without children may be more complicated as such people will need to
be included in the tax credit system.
Court rules in favour of OFT on bank charges A High Court ruling could mean that customers will be able to reclaim millions of pounds of overdraft charges from their banks. Mr Justice Andrew Smith has judged in favour of the Office of Fair Trading (OFT) in a test case designed to decide whether fees for unauthorised overdrafts were covered by the Unfair Terms in Consumer Contracts Regulation 1999. In ruling for the OFT, the judge has opened the way for another hearing to determine if those charges are unfair and what level constitutes a fair fee. It is estimated that banks receive up to 3.5 billion pounds a year through such charges. Customers have so far successfully reclaimed some 500 million pounds in repayments but further claims have been frozen while the test case was heard. Claims will stay on hold until the outcome of any further judgements are made. The banks argued that the fees are not penalties but charges for a service and that they are fair. Were future hearings to go against the banks, some calculate that repayments could reach as high as 9 billion pounds. The worry is that payout sums on that scale would herald the end of free banking and the introduction of monthly fees for current account customers to offset the banks' losses.
A P Robinson & Cos Tip of the Month Every month from now on we will be including a Tip of the Month in the newsletter.
Mays tip is: When you join, you create a profile that summarizes your professional accomplishments. Your profile helps you find and be found by former colleagues, clients, and partners. You can add more connections by inviting trusted contacts to join LinkedIn and connect to you. Your network consists of your connections, your connections connections, and the people they know, linking you to thousands of qualified professionals. Through your network you can: Find potential clients, service providers, subject experts, and partners who come recommended Be found for business opportunities Search for great jobs Discover inside connections that can help you land jobs and close deals Post and distribute job listings Find high-quality passive candidates Get introduced to other professionals through the people you know
LinkedIn is free to join. We also offer
paid accounts that give you
more tools for finding and reaching the right people, whether or not
they are in your network. Internal News
The Star Ball: When You Wish Upon A Star A P Robinson & Cos charity When You Wish Upon A Star still have tables available for the Star Ball charity fundraising event. The ball takes place at the Beachcomber in Humberston on Saturday 10th May from 7pm. Tickets are 40 pounds each, which includes a four- course meal, live entertainment from Impulse, a raffle, auction and disco. For more information about booking or the event itself, please telephone or email Lizzy Dale on 01472 345888 or lizzy.dale@aprobinson.biz
It�s a Knockout Charity Fund Raising Event
A P Robinson & Co are taking part by entering a 10 person team at 600 pounds (60 per person). The Humberston Lions are still looking for teams to take part, whether you are a business, social club or friendship group. The Club are also looking for sponsorship contributions, so if you would like to donate to the cause or would like to enter a team, please telephone or email Lizzy Dale on 01472 345888 or lizzy.dale@aprobinson.biz for more information.
Successful Meet The Team
A
BIG thank you to everyone who attended the successful meet and
greet networking event that we hosted at the Wortley Hotel to
celebrate the opening of our new Scunthorpe office. I hope you
found the occasion very enjoyable! Win Your Business Accounts For FREE For One Year Please spread the word about our fantastic competition for 25 businesses to WIN the chance to have their accounts completed for free for 1 year! www.aprobinson.biz The competition closes on Friday 6th June 2008 where GSMG will select 25 very lucky businesses to win the prize. Business entrants can be of any size, industry and even current clients of the firm. Terms and conditions apply. To enter go to our website www.aprobinson.biz and click on the 'Win your accounts for free' link on our homepage and fill in an electronic application form or alternatively telephone Lizzy Dale on 01472 345888.
Avoid walking under ladders! Best of Luck |