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His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC) [4] [5] is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.
The range of assets permitted by HMRC includes : [5] Equities regardless of whether or not they are quoted on a recognised stock exchange and regardless of whether the company is a UK company or an overseas company; Futures and options traded on recognised futures exchange; Authorised UK unit trusts and OEICs and other UCITS funds
The HMRC rules allow for a greater range of investments to be held than personal pension schemes, notably equities and property. Rules for contributions, benefit withdrawal etc. are the same as for other personal pension schemes. Another subset of this type of pension is the stakeholder pension scheme.
The incident was a breach of the UK's Data Protection Act and resulted in the resignation of HMRC chairman Paul Gray; Darling commented that the discs were probably destroyed when "the hunt was on, probably within days" and that there was an "opaque" management structure at HMRC and it was difficult to see who was responsible for what. [14]
A Discounted Gift Trust (DGT) is a type of UK trust arrangement usually set up in connection with an investment in either an onshore or offshore investment bond (insurance bond). It allows the gifting of a lump sum into a trust whilst retaining a lifelong 'income' from that money (technically withdrawals of capital), with the overarching aim of ...
If you're having issues sending and receiving emails for your AOL Mail account in a third-party email application, you may need to reauthenticate your account by removing and re-entering your password or removing and re-adding your AOL Mail account. Get the steps for common third-party email applications. Account Management · Dec 9, 2024
Child trust funds were opposed by the Liberal Democrats at the 2005 general election with the manifesto pledging to move the money into early years programmes instead. . Liberal Democrats have variously argued that recipients may spend the money unwisely, that the policy is overly restrictive in not allowing parents to access the money, and that the money could better be spent on pre-school ...
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