Monthly Archives: July 2013

HMRCs My Tax Return Catch Up campaign

If you have been sent a tax return for any tax year up to 5 April 2012, and it has not been submitted, you may want to consider taking part in this campaign.  In a nut-shell HMRC are offering to look kindly on any penalties chargeable, as a result of late filing or late payment of any taxes due, as Continue Reading
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Less than half saving enough for retirement

More than half of those who could, and should, be preparing financially for later life are not saving enough and one in five is saving nothing at all, according to a report by Scottish Widows. Of those aged over 30, not retired and earning more than £10,000 per year, just 45 per cent are making 'adequate' savings of at least Continue Reading
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SME borrowing and FLS bank lending falls

Net lending by banks under the Government's Funding for Lending Scheme (FLS) fell by £300 million in the first quarter of the year, data from the Bank of England (BoE) shows. Just 13 of the 40 banks that participate in the FLS made drawdowns from the scheme in the three months to 31 March 2013, at a value of £2.6 Continue Reading
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