Loans and Finance

Loans and Finance


News and information about loans, money, debt, finance and business issues.
Powered by

Wednesday, July 14, 2021

CPI Hits 2.5% - Driven by Used Car Prices

CPI hit 2.5% in June, pushed in a large part by used car prices which rose the most on record in the UK in June.

The cost of previously-owned vehicles rose 4.4% in June, the most since records began in 1996, and contributed to an unexpected 2.5% increase in consumer prices, the Office for National Statistics said this morning. The ONS said consumers were paying more to avoid trains and buses.

The demand for used cars is driven by a shortage of new cars, as a result of car production delays for new vehicles caused by a shortage in semiconductors sending prices surging.

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

No comments:

Post a Comment