Childcare loans could help parents go to work and boost tax revenues
Updated: 2012-02-08 14:16:51
Parents should be helped to pay for childcare by borrowing up to £10,000 from the Government which they would repay through the tax system, a cross-party think tank has proposed. The Social Market Foundation plan would not only help many couples cope with the soaring cost of bringing up children but could pay for itself [...]

Harry Redknapp has been cleared of tax evasion charges but accountants question whether it is right for HM Revenue & Customs (HMRC) to have paid for stolen information in its bid to identify tax dodgers elsewhere. The Spurs manager is innocent of any wrongdoing but HMRC says 2,000 wealthy Britons with offshore bank accounts they [...]
The Postal Service’s flat tub shortage continues, forcing many processing centers to operate their automated flats sorting equipment without sufficient supplies of this important equipment. Recent audits have revealed empty flat tubs often are held at retail and delivery units and not regularly returned to plants. The audits also reveal some units have been using [...]
In a briefing document, Ian Stewart, chief economist at Deloitte, notes that large companies have built up record cash reserves in the past three years, and wonders what they might do with the money (sorry, no link). At the last count, the cash holdings of UK non financial companies stood at £731.4bn, the highest level [...]
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House prices, shares, bonds and deposits are the main stores of value favoured by Her Majesty Queen Elizabeth II’s subjects but which did best during the 60 years of her reign? According to new analysis by Barclays Capital and Nationwide Building Society, shares seem to have pipped property at the post in the Diamond Jubilee [...]
Salut souverainistes. For those wanting more details on the euro break-up plan drafted by French economists, here is the link to the L’Observatoire de L’Europe website. A few extracts, loosely translated: "The obstinate determination of governments to take us by forced march deeper into the euro impasse can only lead to the general aggravation of [...]
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Revelations that the chief executive of the taxpayer-funded Student Loans Company avoided paying tens of thousands of pounds in tax by a simple manoeuvre called ‘incorporation’ may prompt other taxpayers to ask if they can do the same. Chief Secretary to the Treasury, Danny Alexander, claims that Ed Lester’s tax will henceforth be deducted at [...]
Facebook’s massive stockmarket flotation looks set to focus attention on new technology shares and funds, which most investors have shunned since the dot.gone disaster of a decade ago. Readers who regard social media with about as much enthusiasm as a pub with no beer may be baffled by talk that the website might achieve a [...]
Paul Martin had no trouble with top-down pension reform
Homeowners who want to move but cannot sell and others stumped by banks’ and building societies’ tighter lending criteria since the credit crunch began are turning to a dangerous alternative; bridging loans. These can enable a second property to be bought before the existing home is sold and they can beat the mortgage famine by [...]
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