Giving to charity (not the taxman)
This year it is expected that UK charities will miss out on £1.2 billion in donations because of tax-inefficient giving by donors.
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This year it is expected that UK charities will miss out on £1.2 billion in donations because of tax-inefficient giving by donors.
We have published a free 17 page special report with details and commentary about the main Pre-Budget Report changes to income tax, National Insurance, pensions, banker’s bonuses and inheritance tax, as well as implications for businesses.
The Retail Prices Index (RPI) and Consumer Price Index (CPI) are both conventional measures of price inflation. Alternative measures of inflation are also useful. New research from Halifax shows average pocket money is up 11p or 1.79% this year.
The FTSE 100 index of leading UK company shares finished the week at 5,261.57, up 17.20 points or 0.33% on the day and down 60.79 points (-1.14%) over the week.
As the festive season draws ever closer, the team at Informed Choice would like to wish you a very Merry Christmas and a Happy New Year. In keeping with previous years, we have once again decided to make a donation to charity instead of sending Christmas cards.
Informed Choice Chief Executive Nick Bamford recently took part in a webcast, answering questions about the Retail Distribution Review (RDR).
As we start to pour over the detail in the Pre-Budget Report, our initial reaction is that pensions appear to have escaped quite lightly. There were several pension announcements within the Chancellor’s speech and the report.
Chancellor of the Exchequer Alistair Darling delivered what could be his last ever Pre-Budget Report to the House of Commons at 12.30pm today. Here are some of the highlights.
Follow our live coverage of the Pre-Budget Report from 12.30pm today (Wednesday) as we comment on financial planning developments using Twitter.
The weekend papers are always an excellent source of personal finance stories. With so many papers to read and so many stories to digest, here is our pick of the five most important personal finance stories this weekend.
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