News Archive for September 2005

Morgan Crucible sells magnetics unit for 225 mln stg

UK money experts advice on stock markets, money news UK, OEICS, personal finance and more. Read the latest UK money news with telegraph.co.uk Money.

Friday September 30 2005, 09:00AM

Chamber members told to cut wish list

the estate tax and revamping Social Security ... pension programs -- are unlikely to be ... an inheritance tax on multimillion-dollar estates. But ... The group planned to discuss pension reform

Thursday September 29 2005, 09:00AM

Supervisor hopefuls disagree on taxes

in the tax rate during her long ... on rising pension and insurance costs. The ... questioned Puglisi's tax record. Without offering specifics ... than the tax rate indicated. "The premise ... State pension fund contributions rose from $104 ... 2001 while tax hikes hovered around 1 ... has boosted tax revenues but worsened traffic

Wednesday September 28 2005, 09:00AM

Ex-Largo firefighter files claim against city

a disability pension. He injured his right ... tax-free disability pension that pays $1,481 ... and fire pension board to take away ... pension. Without going into details, Thompson also ... on disability pension, said Scott Christiansen, an ... a person's pension status. Shannon Tan can

Wednesday September 28 2005, 09:00AM

Fire marshal caught in sex sting gets pension

sting gets pension Don Goff Video Story ... lose his pension, but now the state ... the state pension board about former fire ... -- your tax payer funded vehicle -- ... get his pension, it took it away ... luxury on tax payer dime to do ... way the pension she says Goff does ... sting gets pension Scientists photograph giant squid

Wednesday September 28 2005, 09:00AM

New pensions mis-selling crisis

highlight the tax breaks available from property ... per cent tax relief given to higher-rate ... payers on pension contributions. The advert failed ... to massive tax charges for investing in ... in your pension to invest in property

Wednesday September 28 2005, 09:00AM

Tax Free

September 2005 TAX FREE SYLVIA, 73, OUT ... her council tax. The 73-year-old, locked up ... pay the tax because it had gone ... than her pension. Advertisement Her council tax ... 8 per cent in her pension. She ... that council tax is completely unfair and ... first council tax rebel to be jailed

Wednesday September 28 2005, 09:00AM

Insurer Warns Over Property

into their pension portfolio to think carefully ... invest their pension fund in property without ... through their pension scheme to rent out ... into their pension. Norwich Union said some ... of the tax relief available. But the ... of a pension fund. That would effectively ... a substantial tax bill if the properties ... Tax authorities overseas may also treat a ... to corporation tax, rather than an individual

Wednesday September 28 2005, 09:00AM

Council tax protester angry at being set free

  Recent articles Council tax protester angry ... freed after tax paid Council tax refusenik ... threaten further tax rises Jailed pensioner vows ... continue council tax battle Robert Chote: Brown ... Council tax refusenik jailed Dave Prentis: Breaking ... Council tax protester angry at being set ... A council tax protester yesterday vowed to ... of her tax, told the Guardian she ... an unfair tax system, insisted she was ... her council tax bill, which is now ... years the tax rose by 38% compared ... 8% in her pension. She expected fresh ... the council tax, to discuss their next ... this unfair tax is scrapped and replaced

Wednesday September 28 2005, 09:00AM

Industry divided over withdrawals under new pension scheme

under new pension scheme Pioneer News Service ... the new pension scheme (NPS), to be ... by Pension Fund Regulatory and Development Authority ... of accumulated pension funds. In a two-day ... strategies of pension fund managers. However, as ... would attract tax as per the EET

Wednesday September 28 2005, 09:00AM

Council tax refusenik jailed

Council tax refusenik jailed Dave Prentis: Breaking ... threat over pension reforms Hospital axes jobs ... to fairly tax the richest Labour delays ... tax revaluation Party urged to press for ... Council tax refusenik jailed Press AssociationMonday September ... pay council tax arrears. Council tax rebel ... 71 in council tax from last year ... the council tax demanded by Devon county ... My occupational pension increases by only 1 ... On top of this tax, we are ... a council tax increase.  In the know ...  Guide Council tax rates 2004-05 (pdf)  Full ... on council tax rises (pdf)  Related articles ... Council tax review delay 'will penalise ... Government defers council tax revaluation 18. ... for council tax action 08.09.2005: ... pay council tax 08.09.2005: Jailed ... tax rebel 'has no regrets' 16.09 ... Council tax revaluation 'to be postponed'

Monday September 26 2005, 09:00AM

Labour urged to act on pensions

of low pension provision for women. Mr ... said the government's Pension Commission would recommend ... full state pension because they have time ... On Monday, members of the Pension Action ... that the Pension Commission had to "find ... in their pension scheme and were scandalously ... Peter Humphreys, spokesman for the Pension Action ... the UK pension system in November. Welfare ... state and pension system. "Today's welfare state ... the UK pension problem Miles Templeman, IoD ... The state pension age debate But Mr ... the state pension age to rise to ... the UK pension problem," IoD director general ... local government pension scheme to 65 and ... LATEST NEWS Pension opt out costs savers ... pensions UK pension gap 'worse than US' ... Business seeks pension shake-up HOT TOPICS Has ... Civil service pension Q&A: Pension Protection ... into a pension Checking your pension Pension ... FINANCIAL HEALTHCHECK Pension worries? Take our Financial ... Women 2 Pension rights Divorce Work pensions ... sums Pension Credit Frozen pensions Shortfalls Overseas ... Small pensions Tax and pensions Pension repair ... GUIDES State pension With-profits Final salary Money ... State Second Pension Credit   INTERNET TOOLS

Monday September 26 2005, 09:00AM

Woman jailed over council tax

Wills & tax Message boards Tools & ... over council tax This is Money26 September ... Council tax rebel Sylvia Harding could ... her council tax WANT TO KNOW MORE ... Are so-called council tax rebels right to ... idea for tax on oil' But today ... full council tax bill. The former social ... as council tax bills rise faster than ... of his tax. Miss Hardy visited him ... her council tax after seeing the bill ... in her pension. Her annual council tax ... 8% rise in her pension. This year ... in council tax? Join the heated debate ... our tax message board Other stories:  Council ... 10%  Council tax overhaul delayed  The great ... tax U-turn  Council tax rebel back in ...  Council tax to rise by 4.1% ... tax rebel slams Brown Print Read later

Monday September 26 2005, 09:00AM

Sylvia Hardy, 73, jailed for council tax debt

Consumer affairs Tax Pensions Money Makeover BUSINESS ... for council tax debt By Simon Freeman ... her council tax. Sylvia Hardy, 73, from ... She described the tax as a "daylight ... while her pension had only increased by ... her occupational pension last year, she refused ... to her pension. The shortfall was £53.71 ... obscene council tax demands. "Many people believe ... this tax is daylight robbery, so why ... My occupational pension increases by only 1 ... for council tax debt Warning over exotic ... truth about tax   RELATED LINKS  

Monday September 26 2005, 09:00AM

Sipps rules may increase mis-selling claims - papers 26th Sept

choice for pension investment from next year ... self-invested personal pension schemes (Sipps) are virtually ... cars as pension investments from next April ... debate about pension reform, including the notion ... require sharp tax increases, according to the

Monday September 26 2005, 09:00AM

IRA'has decommissioned weapons'

her council tax? Yes - if everyone ... tax it would be anarchy No -

Monday September 26 2005, 09:00AM

Business and unions do battle over pensions

public sector pension schemes should be closed ... an adequate pension. "They had a contract ... with a pension which provided security. "They ... and unfair tax burden on companies, their ... to fund pension benefits for themselves, whilst ... and even tax paying pensioners are forced ... public sector pension reform," he added. "It ... the state pension should be scrapped. "We ... the UK pension problem," said director general

Monday September 26 2005, 09:00AM

Let's make sure there is a windfall before spending it

4 million windfall in sales tax revenue ... 25 percent sales tax on gasoline sales ... amount of tax revenue collected. If gasoline ... tax revenue continues to increase as it ... gasoline sales tax revenue is reduced or ... other sales tax revenues as suggested could ... the sales tax on gasoline to lower ... paying on the pension debt for ... The report suggested sales tax receipts from ... When the gasoline sales tax was temporarily ... suspended sales tax. So, as much as ... of the tax doesn't seem like a ... Putting excess sales tax revenue into the ... Paying down the pension debt, which was

Monday September 26 2005, 09:00AM

Frye proposes giving mayor new powers

including a pension deficit of $1.4 ... Frye's plan doesn't call for tax increases ... and huge tax and fee increases. Her ... Sanders pounced on her tax remarks. "She ... rule out tax increases, seeing them as ... out any tax increase. Frye and Sanders ... at the pension system, including in the ... vote against pension abuses after pension whistle-blower ... union opposes tax increases and "ballot-box governance ... and issue pension obligation bonds," she said ... million in pension bonds. "None of that

Saturday September 24 2005, 09:00AM

=DJ FOCUS:UK Property Pension Change Won't Boost Housing Mkt

Property Pension Change Won't Boost Housing ... LONDON (Dow Jones)--New pension rules giving tax ... The new pension rules - which come ... existing eight pension tax rules with a ... from some tax charges when they're put ... self-invested personal pension. A SIPP is a ... pension plan under which savers decide where ... waiting for pension reform to re-ignite the ... Pension adviser McPhail said much of the ... the new pension rules, only 5% - ... (N/PBP) Pension Funds (N/PEN) Personal

Friday September 23 2005, 09:00AM

David Prosser: Work for longer? If only we could

Tax Jobs Relocation Careers Career Clinic A-Z Careers Aerospace ... their occupational pension benefits. But Brown and ... their state pension for at least a ... in income tax or National Insurance contributions ... for Council Tax will save you money ... But if Council Tax bands - as

Friday September 23 2005, 09:00AM

Borrower, beware

of further tax cuts and other inducements ... Rising home, pension, and mutual fund values

Friday September 23 2005, 09:00AM

Unions reject new pension plan

reject new pension plan Strike threat forced ... local authority pension schemes. Unions said the ... the growing pension costs of public sector ... UNIONS IN PENSION ROW Unison - represents ... reform the pension scheme. "These discussions do ... local government pension scheme, begun in October ... and council tax payments. Plans for change ... basing the pension on career average earnings ... in the pension scheme add up to ... a full pension at 60. However, the ... reject new pension plan Morrisons warns of ... closures Up pension age to 69, report ... LATEST NEWS Pension opt out costs savers ... pensions UK pension gap 'worse than US' ... Business seeks pension shake-up HOT TOPICS Q&A: ... service pension Q&A: Pension Protection Fund Q&A: ... into a pension Checking your pension Pension ... FINANCIAL HEALTHCHECK Pension worries? Take our Financial ... Women 2 Pension rights Divorce Work pensions ... sums Pension Credit Frozen pensions Shortfalls Overseas ... Small pensions Tax and pensions Pension repair ... GUIDES State pension With-profits Final salary Money ... State Second Pension Credit   INTERNET TOOLS ... lenders Council pension plan rejected News Alerts

Friday September 23 2005, 09:00AM

Property pension investment now

Pensions Property Tax UK Economy Your Bills ... GMT+1 Finance News - Property Property pension ... of a pension now Email this to ... could halve pension funds A new fund ... of their pension now. From April 6th ... (A-Day) new pension rules will make it ... a self-invested pension plan (SIPP), with accompanying ... and income tax - effectively adding 40 ... higher rate tax payers. The minimum investment

Friday September 23 2005, 09:00AM

LETTERS: Reid has never met a tax cut he didn't hate

Reid has never met a tax ... of the tax man. It didn't work ... an old-age pension under Social Security, I ... of the tax man. I was wrong ... at a tax summit in 1991 and ... of the tax code that favored military ... end the tax cuts (Tuesday Review-Journal). Even ... round of tax cuts increased investment and ... met a tax cut he didn't hate ... back the tax cuts. Before that, in

Friday September 23 2005, 09:00AM

Tax relief for Katrina victims

Tax relief for Katrina victims Kathleen Pender ... includes 2 tax breaks 09/25/2005 ... But the hurricane tax relief bill passed ... It includes a mish-mash of tax breaks ... The tax breaks for victims will mostly ... The tax breaks for individual donations apply ... The tax incentives for employers are a ... get the tax credit if they hire ... of the Tax Policy Center. The bill ... reduce federal tax revenue by $6.1 ... Like all tax bills, this one is ... Trinz, senior tax analyst at RIA. The ... a higher tax deduction, says Kathy Burlison ... of tax implementation with H&R Block. That ... owe income tax on the discharge of ... 10 percent tax penalty normally levied on ... pay income tax on the amount withdrawn ... earned income tax credit, which is a ... to pay tax, and the child credit ... Worker Opportunity Tax Credit to employers who ... a federal tax analyst with CCH. The

Thursday September 22 2005, 09:00AM

Pension peril

Life and pension funds Shares & ... cards Pensions Tax Insurance Banking Expat ... Unlock your pension at your peril ... Pension experts are warning that many ... from their pension on retirement. Beware ... raiding your pension piggy bank by ... final salary pension scheme. In order ... in the pension they receive in ... up in pension benefits is worth ... £1 of pension you forgo. This ... £1 of pension income. Those retiring ... But few pension schemes have adjusted ... employers and pension trustees for a ... Collectively pension schemes are saving themselves ... from your pension remains popular. Stewart ... from their pension is the only ... through higher pension payments - regardless ... consider your tax position. Any income ... as a pension is taxed at ... pay standard tax or expect to ... no tax after retirement, then the ... from their pension scheme of up ... empty their pension funds at the ... final salary pension schemes have big ... allowing the pension scheme to off-load ... "Some pension schemes may not ... of reducing pension fund deficits. Those ... money purchase pension scheme will also ... This is because their pension depends ... a smaller pension income in retirement ... of their pension fund. The worry ... these company pension schemes and with ... provide their pension income. Those working ... promised salary-related pension. 5 September 2005:

Wednesday September 21 2005, 09:00AM

Bucci outlines Binghamton tax rate increases

outlines Binghamton tax rate increases Residents face ... another property tax increase in 2006 as ... see a tax rate increase of 6 ... see a tax rate increase of 6 ... That's lower than last year's tax hike ... ride in tax increases and decreases." Health ... and pension costs continue to place a ... the city's tax rate. Mandatory contributions to ... state's pension plan next year will also ... major double-digit tax increases many other upstate ... Collins, D-8th District, said the tax rate

Wednesday September 21 2005, 09:00AM

Police pension fund short $286,121

Police pension fund short $286,121 City ... Monmouth Police Pension Board said the city ... owes the pension fund $286,121 next ... year the Pension Board asked for $250 ... its upcoming tax levy by the fourth ... discuss the Pension Board's funding request. Spears ... sure the pension checks are good. If ... fund the pension fund, it will continue ... with the pension fund is the investments ... increasing the pension fund more than 5 ... the Police Pension Fund is "quite solvent

Wednesday September 21 2005, 09:00AM

No tax boost? Don't bet on it this year

No tax boost? Don't bet on it ... officials figuring pension funding in '06 levy ... in the tax levy next year if ... real estate tax payers will not finance ... on the pension projections from police, fire ... this year's tax levy, despite an average ... the police pension board's projections include a ... of the tax levy, 5th Ward Alderman ... of the pension board's projections. The city ... The firefighters pension board has not yet

Wednesday September 21 2005, 09:00AM

Protest at tax rebel vicar's jail

Protest at tax rebel vicar's jail Ridley ... their council tax bill Pensioners have demonstrated ... his council tax bill. Alfred Ridley, of ... One of the tax protesters, Sylvia Hardy ... her council tax bills for last year ... its annual tax by 8.5% in ... No jail move for tax rebel ... 05 |  Northamptonshire Tax rebel vicar is sent ... Northamptonshire Rebel tax vicar could face jail ... 05 |  Northamptonshire Tax rebel vicar ready for ... over council tax 08 Sep 04 |  Northamptonshire

Tuesday September 20 2005, 09:00AM

UPDATE 5-Tesco H1 beats consensus, oil clouds outlook

A 73-year-old pensioner who refuses to settle her council tax bill meets a fellow comrade on a prison visit." /

Tuesday September 20 2005, 09:00AM

Tesco H1 beats consensus, oil clouds outlook

Reuters - ... facing higher bills, they've got council tax increases, higher fuel bills and pension costs,'Leahy told Reuters in an ...

Tuesday September 20 2005, 09:00AM

UPDATE 4-Tesco H1 beats consensus, oil clouds outlook

Reuters - ... facing higher bills, they've got council tax increases, higher fuel bills and pension costs,'Leahy told Reuters in an ...

Tuesday September 20 2005, 09:00AM

Federal pension agency faces liabilities

Federal pension agency faces liabilities By JIM ... estimated that Pension Benefit Guaranty Corporation shortfalls ... over large pension plans in the airline ... failed private pension plans. Neither is acceptable ... of basic pension benefits for about 44 ... defined benefit pension plans. It receives no ... from general tax revenues, with operations financed ... skip their pension funding payments." The PBGC ... that Delta's pension plan is underfunded by ... to failed pension plans. The current maximum ... manage their pension plans and raising the ... will drop pension plans for employees if ... More scrutiny urged on federal tax breaks

Saturday September 17 2005, 09:00AM

Pension benefits face increased risk

Kansas City Star - WASHINGTON The government agency that guarantees worker pensions could see its liabilities quadruple over the next decade, jeopardizing the benefits of millions of retirees, a new report says. ... Thursday, the Congressional Budget Office estimated that Pension Benefit Guaranty Corp ... defined-benefit pension plans. It receives no funds from general tax revenues, with operations ...

Saturday September 17 2005, 09:00AM