Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
The other side of the coin.................
Courtesy Independent..........
Britain in debt: Half of UK adults 'living on financial edge'
A nation of Britons 'living for now' are infact living on the edge when it comes to finances
Approximately nine million more adults are increasingly struggling to manage their money now
in comparison to seven years ago, according to a major report into the nation's financial awareness.
More than half (52 per cent) of those surveyed are living on the edge financially, equating to 26
million people across the UK, the Money Advice Service (MAS) found.
This is a sharp increase from 35 per cent of people who were having difficulty maintaining
household bill payments when similar research was carried out in 2006.
Nearly a fifth of those surveyed would go out for the evening even if they could not afford it
and 17 per cent purchased they were not in a financial position to buy.
The Government-backed body discovered that many people are suffering because of poor
financial skills and tighter family budgets following the economic downturn, which has
encouraged a "live for now" culture dragging down the nation's ability to save enough for their future.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Hunt continues for the work of Finance johnnies.............
Mandarins face sack after refusing to answer tax questions
More than 100 senior civil servants employed 'off-payroll' are refusing to reveal how much tax
they pay, in defiance of orders from the Treasury.
Cabinet minister calls for major reform of the Civil Service
Senior officials across Government who are paid through agencies or personal service companies
have ignored instructions to prove they pay the appropriate level of income tax and National
Insurance.
They are flouting orders from Danny Alexander, the Chief Secretary to the Treasury, who said
last year that any official earning more than £58,200 a year and employed for more than
six months 'off the books' must demonstrate they are paying their full share of tax.
The arrangements are only acceptable in "exceptional circumstances", he said.
Being paid through a service company allows the employee to "streamline" their income and
take advantage of corporation tax, at 20 per cent, rather than pay income tax at 40 per cent.
It also means recipients can avoid paying National Insurance.
The Treasury fears some service companies are used to disguise the true level of income from
the taxman. They want those using them to prove they are paying as much tax as their colleagues
on the payroll.
But despite the crackdown, since August 2012 some 1,232 civil servants have been granted new
off-payroll contracts.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
All very sad
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Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Tip an Iceberg....?
Royal Mail chief Moya Greene was given £250,000 of public money to buy UK home
She has now returned £120,000, the amount she received after tax
The chief executive of the state-owned Royal Mail was given £250,000 of public money to help
her buy a new house without the Government being told, it has emerged.
Vince Cable, the Business Secretary, was not told until last month about the payment to
Moya Greene after she moved from Canada to take up her post in 2010. His department
discovered it when it was sent the draft remuneration report for Royal Mail's directors for 2012-13.
Mr Cable intervened, saying his permission should have been sought and that he would have
blocked such a payment. Ms Greene has now returned £120,000, the amount she received
after tax, a transaction has disclosed in the Royal Mail report.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
in the trough another one
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
I give up all this cut and paste and no opinions to go with it.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
just remember it is about the finance johnnies brian, that's all you need to know.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
yes howard,thats the problem.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
All explained brian
quite simple read it
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Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
kieth, a link like a www that you can click is a link.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
and back at the elite pigs thread,,,,,,,,,,,,,,,,,,,
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
still the same copy and paste jobbies,
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
but point is made
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Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
no points made kieth,just a load of mush.a www with a running story plus facts would be better.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
in your opinion brian
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Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
that's correct kieth.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
far better to have a long thread with detail
rather than your one line replies brian
in my opinion
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
kieth,dont do war and peace posts.
a short straight to the point post is better.
but that's your prerogative if you want to read lots.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
all in reply brian
up to all forum members whether or not they wish to read reg's posts
funny though people moan yet still post replies
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
yes kieth,but the trouble is,it gets worse.