Headlines
Accounting News - November 2010 HMRC has amended the advisory fuel rates for company cars with effect from 1 December 2010. more Act now before the pension annual allowance falls The coalition Government has announced that it will reduce the amount of tax relief on pensions from £255,000 to £50,000 from April next year. This means that anyone regularly contributing more than £50,000 should act now before the change comes into force. more New Enterprise Allowance Boost for Start-Up Firms People who have been unemployed for six months and want to start their own business will be offered access to business mentoring and financial support of up to £2,000. more State Pension Age to Rise to 66 by 2020 Chancellor George Osborne has announced a faster than expected rise in the state pension age as part of his October Spending Review. more Regional Development Agencies are among the business-related quangos that face the axe or other changes in a government shake-up. more All Change on National Insurance Cards HM Revenue & Customs (HMRC) has announced a change on replacement national insurance cards, ahead of a phasing out of the traditional plastic card. more Track Down your Missing Pension, says Minister People who have lost touch with workplace pension schemes from previous employers, as well as personal schemes, are being urged to track them down to ensure they receive all of their entitlements in retirement. more The latest news from our IFA partner, RHG Investment Commentary - 3rd Quarter 2010 Another dose of quantitative easing medication is looking increasingly likely in the US and possibly the UK. The fragility of the recovery is causing concern for policy makers and they are keen to avert a double dip scenario. Talk of such action is providing further support to risk assets and in particular commodities which have also been aided by the weaker dollar. Gold for example has continued to rise, seen currently as both a safe haven and a hedge against potential longer term inflation. more
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