FROM THE PAPERS
Synopsis: Short summaries of articles we think you will find useful from some of the weekends broadsheets. At the end of each summary is a link to take you directly to the relevant article. Please see Helpful Hints at the end of the bulletin.
Financial Times:” HMRC tax probe powers set for boost”. More taxpayers with undeclared overseas assets look set to be targeted with criminal investigations, as the UK tax authority gains access to unprecedented levels of information next year. Click here to go directly to the article
Financial Times:” State pension forecasts now available for over-55s”. Millions more people will be able to apply for a state pension statement to help them plan for retirement, the government has announced.
Financial Times:” ABI call to move pension savers into new funds”. The UK pension industry is calling on the government to give it the power to shift savers out of pension schemes into new funds without their consent. Click here to go directly to the article
Financial Times:” Political pressure mounts over pension reforms”. Government whips urged peers not to support Opposition amendments to its pension freedoms on the benefits system, warning its reforms could be derailed, it has been revealed. Click here to go directly to the article
Financial Times:” UK Revenue & Customs urged to do ‘much more’ to help taxpayer”. HM Revenue & Customs has some of the best managers in Whitehall but needs to do ‘much more’ to improve customer service, says the government’s spending watchdog . Click here to go directly to the article
The Times: “Born too soon? You can make your state pension go further”. A top-up plan could help those who will miss out on the higher rate
The Times: “All you need is love, but marry if money is crucial”. There are serious financial benefits to tying the knot
The Times:” Hello taxman, my old friend”. Office workers may envy freelancers their freedom, but Hunter Davies is a slave to his returns — and even lived abroad to save tax
The Times: “Plans to scrap £100 fine for late tax returns”. The government is planning to scrap £100 fines for people who fail to meet the deadline to file their tax return. Click here to go directly to the article
The Times: “Revenue hunts down £14bn from wealthy tax avoiders”. The taxman is seeking £14 billion from wealthy individuals and companies that have used avoidance schemes to get round paying the Exchequer money they owe.
The Times: “Switching pensions could cost companies £5bn a year”. Britain’s companies are facing a bill of £5 billion a year and a huge rush to the exit from their traditional pension schemes when new freedoms come in this April, according to a senior actuary.
The Times: “Plot your route to find the best advice – for you”. Where to go for your pensions advice? Pension Wise, the free government-backed service, is expected to be the first port of call for guidance — which it distinguishes from advice — when the new pension freedoms kick in, but it is not yet available with only nine weeks to go.
The Telegraph:” Buy a second home and pay no capital gains tax”. Here’s how you can buy a second property completely free of CGT – and give your adult children a rent-free home
The Telegraph:” Pension error scandal: how to claim missing money”. After an investigation found savers were routinely ripped off with unfair compensation packages, we explain who is affected – and how to claim your rightful refund
The Telegraph:” HMRC plan to scrap £100 fines for late tax returns”. The Government’s £100 fine for late tax returns could be scrapped for hundreds of thousands of people who return the forms ‘a day or two’ late
The Telegraph:” The life insurance pitfall that cost £40,000″. Writing life insurance in trust is a good idea, but this tragic story is a sobering reminder of how it can go wrong
The Telegraph: “Pensioner bonds, austerity and the reasons old people still get free money”. As George Osborne sets aside yet more scarce money to subsidise older people’s savings, a look at the simple facts of political life that explain why pensioners are spared austerity
1. LINKS TO ARTICLES:
We have now provided direct links to the articles referred to in the article. These can be accessed by click on the “To go directly to the article click here” at the end of each article summary
2. REQUIREMENT TO SUBSCRIBE TO SITES:
As some Opus Gold users will be aware, many of the broadsheet newspapers that are traditionally covered in our From the Papers bulletin, are changing (or have changed) their free online access to articles.
Currently the Financial Times and Weekend Financial Times only allows access to view 8 articles a month free, then requiring the user to subscribe to their online service. From 1 July 2010 The Times, Saturday Times and Sunday Times articles are no longer available for free online. Instead a daily or monthly fee will have to be paid to access the articles.
We are aware of the inconvenience this will cause to our users. Unfortunately, due to the stringent copyright rules enforced by the newspapers we are not allowed to copy the articles onto our bulletin to make them available to Opus Gold users, thus our only option is to put a direct link to the article on the newspapers own website.
Although we will continue to produce From the Papers bulletins linking to these articles, users should be aware that access to many will now be blocked unless a personal subscription to the newspapers site is taken.
Once again we apologise for this inconvenience but this is something outside of our control.
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