Exploding some myths about savings
Misconceptions and Isas are virtually synonymous. But since the tax-saving accounts were launched on the public a year ago, at least one thing has improved.
According t...
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Disney angers unions with Pearl Harbor pay wheeze
A row has erupted over Disney's scheme to defer payment to the crew of imminent blockbuster Pearl Harbor. "I want to change the way $100m movies get made," says Bruce Hen...
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New savings limits to benefit millions
Savers are in line for £2,000 extra in tax relief on their investments after a surprise extension to the rules on individual savings accounts yesterday.
When ISAs ...
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Summary of budget measures
Tax
? Basic tax down by 1p to 22p in the pound from April 6.
? Capital gains tax from April 6 to be cut for business from 40% to 35% after one year, 30% after two years,...
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Raise half a glass of Krug to Cruickshank
Ploughing through competition in UK banking, a report to the chancellor of the exchequer, by Don Cruickshank, things begin to look up halfway down page 220.
A sub-claus...
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Report jeopardises RBS-NatWest deal
The Cruickshank banking review could throw a spanner in the works of the £21bn Royal Bank of Scotland-NatWest merger announced last month.
Don Cruickshank, head of...
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?40 a week to stay at school
A major expansion of state payments of up to £40 a week to encourage youngsters in Britain's run-down urban areas to stay on at school after the age of 16 will be an...
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Bank review 'explosive
The man heading the government's banking review is expected to unleash a harsh attack on the industry next week and recommend that some practices be referred to the compe...
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Take a risk: buy beer and fags
Put £10,000 into a building society and you will be lucky to get 5.5 per cent interest, after basic-rate tax is deducted. Put the same amount into the shares of hous...
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Cash and carry ends
Want a gift of thousands of pounds from the taxman? Then act now to use up pension tax reliefs before the axe comes down on them next year.
Tax reliefs on pensions are ...
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