There is unlikley to be any surprises from George Osbornes budget as he delivers his 'budget for growth'. There is talk of raising the tax threshold by £600, which is worth about £45 per year... Slightly more interesting is the speculation that the government may push for National Insurance to be integrated into income tax. The difficulty here though, is that there are significant numbers of people paying NI who don't pay tax, the NI payments entitle them to benefits and state pension should they need them.
There will be small movements on fuel duty, first reports coming out of Westminster suggest a cut of 1p in duty from this evening, most of the rest of the budget has been aimed at encouraging investment - or maybe just not discouraging investment... some changes to gift aid to encourage giving, more money to be spent tackling tax-avoidence.
No doubt a fuller picture will emerge soon...
23 Mar 2011
22 Mar 2011
Loans
With the Bank of England base interest rates keeping low, it is still a good time to get a short -term loan although it is worth noting that a low base-rate does not mean that ALL interest rates are automatically reduced to such a low level.
Specialist short-term lenders still charge a premium for their services because they are specifically addressing the need for rapidly approved loans for the duration of just a few short weeks or months.
Such services are offered by payday loan lenders uk and frequently are able to approve a loan automatically online via a website. Although payday loans in the uk would not be the solution to all lending needs, they may be ideal for a short term where a payment is expected imminently, hence the name 'pay day loans'.
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