Taxation

Pensioners kept waiting for tax refunds

Published Date: 21 November 2009 HUNDREDS of pensioners are still waiting for refunds from HM Revenue & Customs (HMRC) months after applying to reclaim overpaid tax. Pensioners and non-taxpayers who have paid tax on interest...

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National insurance tipped to rise in Darling tax clawback

Published Date: 21 November 2009 CHANCELLOR Alistair Darling is set to target national insurance and inheritance tax in next month's Pre-Budget Report as he looks to plug gaping holes in the public purse, experts have...

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Review wills carefully to avoid paying tax beyond the grave

Published Date: 21 November 2009 AS A nation we are now one of the most heavily taxed in Europe. We will shortly pay 50 per cent tax on any income in excess of £150,000 plus allowances, a further 40 per cent top rate of...

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I live in Cyprus - must I pay UK tax?

My final-salary pension comes into payment within the next few months and I have been advised that it must be taxed as earned income under the PAYE system before being paid into a UK bank account. I left the scheme and the UK...

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Senate vote next step on health bill road

The Senate is expected to hold a procedural vote Saturday night. Even if Reid gets 60 votes Saturday, a long road lies ahead Health care faces a tougher fight in the Senate than in the House House, Senate versions would need to...

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The Coming Deficit Disaster

The president says he understands the urgency of our fiscal crisis, but his policies are the equivalent of steering the economy toward an iceberg. Recently, the White House signaled that it will get serious about reducing the...

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Looking to Energize Returns?

Partnerships That Tap Into Pipelines and Such Are Trying to Recover By ANN DAVIS For investors looking for high-income investments, energy partnerships such as pipeline businesses sometimes yielded more trouble than reward...

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AbitibiBowater juggles to avoid large tax bills from $250-million loan

MONTREAL - The Montreal-based company, which is operating under court protection from creditors, faces $55.25 million in withholding tax in Canada, and potentially more in the United States, unless it is able to repay a...

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Electronic Game Card, Inc. Files 10-Q for Period Ending September 30, 2009

IRVINE, Calif. and LONDON, Nov. 20 /PRNewswire-FirstCall/ -- Electronic Game Card, Inc. ("EGC") (BULLETIN BOARD: EGMI) , filed its SEC Form 10-Q for the three-month and nine month periods ended September 30, 2009 after the...

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Pension ruling may save Mpls. taxpayers $10M

Judge orders two police and firefighter funds to cut claims in 2010, which could reduce city taxes $10 million. Judge Poston has ruled plain and simple that these two pension funds have been overcharging the city for their...

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