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Thursday 11 March 2010

Britons 'pay £9bn unnecessary tax'

Britons are set to pay £9 billion in unnecessary tax during 2010 as the majority of people fail to take simple steps to reduce their tax burden, research showed. The biggest area on which people will overpay tax is through failing to claim tax credits, with consumers wasting £3.94 billion in this way, according to professional advice website Unbiased.co.uk. At the same time, £1.97 billion will be paid in inheritance tax which could have been avoided through better planning, while a further £742 million will go through people failing to take advantage of the tax breaks available by saving money into a pension rather than a less tax-efficient vehicle. People are expected to waste £516 million in capital gains tax that could have been avoided through better planning, while £328 million will be wasted through people failing to make use of their personal allowances. A further £442 million will be wasted by people who fill in self-assessment tax returns, through errors on their form and fines for getting it in late. Britons will also pay around £36 million more in tax on interest earned on their savings than they need to during 2010 because they have failed to make use of their annual tax-free ISA allowance. Overall, the group estimates that the average person will pay £186 more tax than they need to, although the figure varies according to people's lifestage and financial circumstances. But despite the fact that 86% of people are doing nothing to reduce their tax burden, the group said the amount of money being wasted through paying unnecessary tax had fallen by 9% from £10 billion in 2009. Karen Barrett, chief executive of Unbiased.co.uk, said: "Whilst it is encouraging to see our annual tax wastage is set to go down by 9% this year, £9 billion is still a colossal amount to be lost through error and avoidable circumstances. "Furthermore, this decrease in tax wastage could also be down to the shrunken economy - with simply less disposable income for the tax man to get his hands on."(my view)-1 we shouldn't EVER be taxed to live.......EVER,the government destroyed our homes(caves,forests ect)or made off limits......the government OWES us,and 2 this is a con to get more money from us slaves

Drivers ordered to stop criminal

Police ordered ordinary drivers in Moscow to use their cars as a roadblock to stop a fleeing armed criminal. The cars were parked across the road, with the motorists still inside, but the suspect still managed to smash his way through. The tactics have been condemned by rights activists at a time when police are rapidly getting a reputation as a threat rather than protection despite President Dmitry Medvedev's reforms.(my view)-Ordered lol FUCK YOU PIGS...why should we help the filth?........all they do is poke their snouts in to OUR business and course trouble......and on MANY occasion's....EVEN in my posts.........they have beaten,raped,falsely arrested and planted things on Victim's and even killing innocents in cold blood...SO TELL ME WHY SHOULD WE HELP YOU SHIT FUCKERS?