• How useful are financial news

    How useful are financial news

    All people worry about their future financial stability all over the world. But now, with the advent of the internet there are so many social networking sites that are used for the sharing of information by people worldwide. These sites are an excellent source for news and financial sites also help...

    Read More
  • What rules you need to follow for profitable futures trading

    What rules you need to follow for profitable futures trading

    A large number of investors who plan to trade the futures market still have many questions and confusion in the market for commodities called futures, the currency market, and the likes. Certainly, we have the chance to earn large sums of money when he or she participates in future trade online,...

    Read More
  • Be updated with last financial news if you want to invest successfully

    Be updated with last financial news if you want to invest successfully

    Your choice of the right way towards the money will depend on your knowledge and skills. When you invest in the stock market, your skills of investing are more important then amount of your money. Every investor can win and lose money in a few minutes. Your task is choosing a right strategy that...

    Read More
  • Online Futures Trading: how to begin and to win

    Online Futures Trading: how to begin and to win

    Interested in making money online? May be futures online is the best way to earn additional income if it is not a lucrative investment work. Online Futures Trading is a business where a lot of money are boarding and make profits. Is it suitable for you? Are you ready to have the real profit,...

    Read More
25.01
2012
Author:
Mary Ross
Tags:
Categories Chase Freedom
No Comments »

2012 Chase Freedom 5% Rewards Categories

Chase Freedom cardholders, particularly those with large gas station bills, will likely be quite pleased with 2012′s Chase Freedom 5% cash back reward categories. While there are a handful of differences between the 2012 schedule and that of last year, 5% cash back categories are probably easier for many to max out this year.

First Quarter: Beginning January 1st and running until March 31st, cardmembers earn 5% at gas stations and on purchases made at Amazon.com. Because 5% cash back can be earned on up to $1,500 of spending, an individual or family that spends $125 a week on gas can max out rewards during this quarter.

Second Quarter:  From April until June 30th, cardmembers earn 5% cash back at grocery stores and movie theaters. Th

Full Article…

17.01
2012
Author:
Mary Ross
Tags:
Pension Tax Pension Tax Relief Relief Tax Relief
No Comments »

Tax advice of the week: Reclaim higher-rate pension tax relief

Higher-rate taxpayers contributing to pensions should ensure they reclaim the full pension tax relief they’re due, advises Simon Bonnett from Duncan Lawrie Private Bank. Around 250,000 people in the highest-earning tax bracket wrongly assume that personal contributions paid to company pensions automatically receive up to 50% tax relief, when it is only the basic rate of 20%.

“Higher-rate taxpayers are responsible for filling in their own self-assessment tax forms and claiming pension tax relief,” says Bonnett. “Many fail to do so, [believing] their employers will have claimed it on their behalf.”

Only people in conventional occupational money-purchase schemes enjoy full tax relief at source. This could be costly: on a £10,000 contribution you could lose out on £2,000-£3,000. If this affects you, you need to act fast as the deadline for claiming tax relief for the past financial year is 31 January 2012.

HMRC

Full Article…

07.01
2012
Author:
Mary Ross
Tags:
Loan Rates Personal Loan Personal Loan Rates Rates
No Comments »

UK Personal Loan Rates Slashed Good News For 2012

Personal loan rates in the UK are the most affordable in four years, according to Moneyfacts. During 2011, lenders including M&S Money, Sainsbury’s Finance, and Tesco Bank cut their rates.

The trend has not subsided, as seven lenders have already reduced their loans APR since January 1. UK residents are finally getting a break from increasing prices. They can now find more affordable financing to cover personal needs.

We are only one week into the new year but Barclays, Santander, AA, M&S Money, Smile, The Co-operative, and Tesco have already reduced the cost of their personal loans.

As one example, M&S Money reduced its rate for a five-year, £10,000 personal loan by 0.4 percent. The six percent rate currently offered is the lowest in the past four years, according to research.

Just one year ago, the lowest rate for this loan was 8.4 percent and even four years ago, the rate was 5.8 percent.

Moneyfacts spokesperson Rachel Springall reported that the current rates may not be the loans cheapest available this year. Ra

Full Article…

04.01
2012
Author:
Mary Ross
Tags:
Net 30 Payment Terms Terms
No Comments »

How To Offer Net 30 Payment Terms With Minimal Worry

Most commercial customers demand net 30 to net 60 day payment terms for their purchases. It’s a basic rule of business if you want to make commercial sales you need to offer credit terms. But this is a very delicate challenge. If your credit policies are lenient, you will improve sales but hurt profitability (because of non payments). On the other hand, if your credit policies are too strict, you will lose sales. In an ideal world, you want to offer credit to customers that deserve it and deny credit to those that don’t.

There is one additional worry for companies that plan to offer net 30 payment terms that is can they actually afford to do it? Not every company has the wherewithal to wait 30 days for payments. There are suppliers, rent and employees that need to be paid often sooner than 30 days. And they need to be paid on time or you risk losing key suppliers or personnel. One wa

Full Article…

14.12
2011
Author:
Mary Ross
Tags:
Card Credit Card
No Comments »

Need a Credit Card for the Holidays? Act Quickly

With under two weeks to go, consumers who anticipate needing a new credit card for holiday shopping are quickly running out of time. In the past, it was possible to apply online and get instant credit card approval along with instant access to that card’s credit line. Unfortunately, while some credit card companies still process and instantly approve credit card applications online, it typically takes a minimum of five days for a credit card to arrive in the mail.

Thus, someone who applies and is approved for a card on December 15th could receive their credit card by the 20th or 21st, though this is a best case scenario. Consequently, consumers who need a new credit card for holiday shopping or to cover expenses soon after need to act quickly to have a chance at getting a new card in hand before Christmas or Hanukkah come and go.

Here are some credit cards to consider for last minute shoppers.

Consumers who need a credit card and know they will not be able to repay balances immediately are likely best opting for a 0% APR credit card. A

Full Article…

08.12
2011
Author:
Mary Ross
Tags:
Spouse
No Comments »

Tax advice of the week: What to transfer to your spouse

Although many people know that transfers to spouses are tax-free, they often don’t consider how much to transfer, says Nick Braun in Business Tax Saver. Here’s why they should.

Let’s say a property is owned by a high-earning wife and produces £10,000 of rental profit a year. If she keeps the property she will pay £5,000 tax (50%); if she transfers it to her non-earning husband he will pay just £505 income tax.

A few years later the wife winds up her business and decides to sell the property, which is worth £50,000 more than when she bought it. Her husband is now a higher-rate taxpayer. If he sells the property he will pay 28% capital-gains tax (CGT) on that £50,000 minus £10,600, which is tax free, resulting in a £11,032 CGT bill. If he transfers the property back to his wife, he won’t be able to use his CGT exemption.

What he should do is keep roughly 21% of the property (£10,600/£50,000) and transfer the remaining 79% to his wife. This way he’ll p

Full Article…