Cashpoints: tax error crisis rumbles on
This week's top stories • Cost cutting measures at HM Revenue & Customs will lead to delays of up to eight weeks for taxpayers trying to file paperwork or register for normal frontline services, it was reported, as the tax error crisis rumbled on. • Lloyds Banking Group has again topped the table of financial services companies attracting the most complaints to the Financial Ombudsman, with 22,242 complaints in the first six months of this year. • London is in the top 10 for pickpockets , a TripAdvisor survey has revealed. The capital was rated tenth in an index of global destinations where tourists are most likely to have their possessions stolen. Top was Barcelona, followed by Rome and Paris. • Do you have any feedback on any of these issues that you want to get off your chest? Email us at [email protected] Feature Diary of a debtor, part 2 I've taken readers' advice and been to see the Consumer Credit Counselling Service. For the first time in years I'm not waking at 5am in a cold sweat. Read the article in full here … Ask the experts: homebuying Question of the week: "My second husband and I own our home as tenants in common. I would like to give 3/6 of my portion to my son, leaving me 1/6 and my husband still with his 2/6. Would this be allowed? And is there any tax involved?" Read the article in full here … Our homebuying expert Virginia Wallis says: "If there is still a mortgage on your home, you will need to check with your lender whether you can give away a portion of the property. If you own the property outright, you can give your son as much as you like without worrying about tax. But beware: since you will still live in the property your 'gift' will be disregarded when calculating the value of your estate on death." Read the article in full here … Tools Compare broadband deals Search online or call for advice on the best broadband internet package for your needs
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