Wednesday, August 28, 2024

GB Energy - Fake Jobs for a Fake Company and You Can Work From Home


 

 

Taking the piss or what?

This is why energy bills will never come down!

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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

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Monday, August 19, 2024

Mamod To Close After 88 Years Because of Anti Terror Rules


 

A model steam train firm has ceased production after 88 years because of anti-terror “red tape” banning a material used in its batteries.

Mamod, the British firm founded in 1936, has closed down production in its factory because of declining sales, spiralling costs and a ban on hexamine fuel tablets used to power the engines of its models.

Adrian Lockrey, 52, who owns Mamod, said he begged government counter-terrorism officials not to impose the blanket ban on hexamine but the prohibition came into force in February.

Mr Lockrey told the Mail: “It is red tape. Basically, we were doing £50,000 a month, every month, and then come February our sales dropped 50 per cent basically overnight.

“We ended up getting through to counter-terrorism in London and the woman just said, ‘well, you can’t sell it’.”

He added:

 “I said it was like me selling a torch without batteries. It was a really big kick. Apparently it’s been used to make bombs.

“We’ve been running on those hexamine tablets since 1975, before that it was methylated spirits – but then in the 70s someone burnt themselves on that so we went to this fuel tablet.

I still have my meths powered steam roller from the early 70's.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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.

Wednesday, August 14, 2024

Inflation Rises To 2.2%

The Consumer Price Index (CPI), which measures the cost of living, increased by 2.2% in the 12 months leading up to July 2024. This marks the first rise in inflation since December, and it slightly surpasses the Bank of England's target of 2%.

The underlying figures are encouraging:

-CPI (YoY): 2.2% vs. 2.3% exp. (prior 2.0%) 

-CPI (MoM): -0.2% vs. -0.1% exp. (prior 0.1%) 

-Core CPI (YoY): 3.3% vs. 3.4% exp. (prior 3.5%) 

-CPI Services (YoY): 5.2% vs. 5.5% exp. (prior 5.7%)

Key Factors

1. Energy Costs: The recent increase is largely attributed to gas and electricity prices, which fell by less than they did a year ago. As energy costs play a significant role in household budgets, this trend has contributed to the overall inflation rate.
2. Hotel Costs: Interestingly, hotel costs fell in July after strong growth in June, partially offsetting the impact of rising energy prices.
3. Historical Context: While prices are now rising faster across the UK compared to previous months, the current pace remains slower than during the challenging years of 2022 and 2023 when households faced higher energy and food bills.

The Road Ahead

The Bank of England anticipates further inflation increases this year before a subsequent decline. Keep an eye out for additional inflation figures, as well as employment and wages data, which will be released before the next rate-setting meeting in September.

Tax Investigation Insurance

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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 accountant's (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.

Monday, August 05, 2024

Nikkei Crashes By Over 12%

Japan's equity markets experienced a seismic shock today, with the Nikkei 225 index suffering its largest points drop in history. The plunge was triggered by a combination of factors, including concerns about the US economy and the yen carry trade.

The Crash:

Nikkei 225: The benchmark Nikkei 225 index plummeted 12.4% today, wiping out 27% of its value since its peak on July 11. This drastic decline puts the Nikkei into bear market territory.

Yen Carry Trade: The yen carry trade, a popular strategy where investors borrow in low-yielding yen to invest in higher-yielding assets elsewhere, has been under scrutiny. The recent appreciation of the Japanese yen (by 10% in the last three weeks) raised fears of large-scale unwinding, affecting global markets.

Stocks Hit the Hardest:

Several key stocks bore the brunt of the crash:
- Tokyo Electron: The chip-making equipment manufacturer tanked 8.4%, significantly impacting the Nikkei index.
- Fast Retailing (Uniqlo): The owner of Uniqlo saw a 4% decline.
- SoftBank Group:The technology investor lost 6.9%.
- TSMC (Taiwan Semiconductor Manufacturing Company): In Taiwan, TSMC, the world's largest chip maker, dropped a staggering 9.8%.

Conclusion

Markets are pricing in a 60% chance of an emergency cut in rates by the Fed this week. Note: markets often get things wrong!

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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.

Thursday, August 01, 2024

Rates Cut To 5% - As Explained by "Two Lunches" Bailey

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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.