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Pensioners given warning regarding fraudster threat

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Pension savers are being warned by the Federal, controllers, and budgetary association’s bodies about the peril of fraudsters seeking to overwhelm them out of the lifetime’s hypothesis stores. Individuals are being asked to arm themselves with data just for them to see the signs involving traps.

Fraudsters will probably usually speak to problems all of a sudden featuring all of them beginning having access to their particular cash or perhaps statements and affirmations involving get-rich-savvy options. On the other hand, the fact remains they may be fundamentally building manifestations, this getting started. Your undetectable technique for annuity draws in is usually these kinds of that it’s challenging to work positively this way of measuring dollars may be missing.

Brand-new adaptability have been renowned within May this year together which allow persons included in fifty-five and also more than more adaptable, having access to their particular focal points undertaking sports, still, it’s dreamed of that will numerous at fault get-togethers may perhaps utilize this being an added possibility to lure some people outside of their particular dollars.

Minister for pensions Baroness Altmann stated: “The hoodlums behind this outlawed enhancement a terrific, perhaps the period sets a good impelled lure filled with shimmering benefits and also skilled places that will make all of them appear exceedingly reliable. Endeavor not ever to receive bulldozed because of it.

“Their aim is always to capture people off one’s guard just for so that they can take away your saving. Steps accident people’s life; it can be because basic and also apparent because that will. “On this off likelihood that you just think some lure, you should record the item to be able to Activity Scam or perhaps speak to this Pensions Advisory Assistance. ” Suspecting some sort of some sort of scam he passed the data to Activity Scam. They furthermore named this Pensions Advisory Assistance who had been careful of the swindlers.

Gillian Dude, PRESIDENT involving Residents Tips, stated: “Fraudsters are not purely seeking to tempt people’s points of interest baskets absent together with delivers involving annuity classes involving steps; they will moreover attempt to appeal persons to hand more than their particular dollars together with huge try opportunities, regarding incident, property or home overseas and also very good wine beverages.

“Reconsider previous to reacting to your clean call or perhaps a good advertising featuring a free of charge ‘annuity diagram’, or perhaps unparalleled yield meander. In the event that you imagine you have been based within with a blackmailer, record them to these strengths. “

Banks sign up to Help them who wants to Buy Isa

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A new raft connected with banks as well as building organisations have enrolled to own new Assist with Buy Isa via December 1, your Chancellor possesses announced.

Barclays, Lloyds Checking Group, National, NatWest, Santander as well as Virgin Cash have confirmed their participation in the scheme, which aims to generate it easier for first-time buyers just to save for the deposit on the home.

Commencing on November 1, first-time buyers is able to save up to ÂŁ200 per month in a separate Isa that this Government will probably top up by 25%, up to a maximum connected with ÂŁ3, 000.

People may open their particular account using a one-off swelling sum as high as ÂŁ1, 000 in addition to the monthly greatest. Couples will be eligible if they are acquiring together, meaning the potential boost as high as ÂŁ6, 000 towards a deposit for any first house.

Chancellor George Osborne explained: “I’m thrilled that a lot of British banks and constructing societies previously signed up to own Help to purchase Isa via December, which will probably reward many those people who are working hard just to save for their particular first home giving them the 25% boost on their deposit savings. ”

Recent figures on the Office intended for National Figures (ONS) show that a typical first-time customer faces spending 5. 1% more for any property compared to they did this past year. The common price taken care of a basic home with May was ÂŁ211, 000.

And data on the Council of Mortgage lenders (CML) shows that the common first-time customer needed the deposit connected with 18. 6% with May.

The Federal government said your scheme has the potential to assist every first-time buyer across the nation, of which you’ll find half the million per year.

However, only first-time buyers who will be buying the owner-occupied house worth up to ÂŁ250, 000, or maybe ÂŁ450, 000 with London will be eligible. The scheme can be used in combination with the other ways the US government is supporting people achieve their home-owning dreams, including one other element of Assist with Buy as well as shared title schemes.

Steven Cooper, PRESIDENT, personal consumer banking, at Barclays, explained: “We expect launching our Assist with Buy Isa later in 2010, helping upcoming home-owners to accomplish their dreams. ”

Stephen Noakes, controlling director, store customer solutions, at Lloyds Checking Group said the revolutionary Help to purchase Isa delivers “a genuine means to fix the challenge of increasing a deposit”.

McDonald’s launches fine dining in Tokyo? Are you excited?

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McDonald’s in Tokyo is launching fine dining- complete with earthenware, cutlery, and tablecloths. For one night just, the pop-up ‘Restaurant M’, will offer people bizarre twist on conventional fast food into some distinctive degree environment.

The sustenance will incorporate plated burgers, alongside a French rotisserie ‘vichyssoise’, a stressing sounding vegetable gelee, frosted tea served in wine glasses and a crisp blueberry McFlurry.

It’s soliciting individuals to book tables from ten at this top of the line burger bar for a night. There will be 20 tables up for grab – so still, when McDonald’s goes upmarket, regardless it hopes to rise through its customers.
It’s an advanced approach to getting people discussing a trade name that has suffered in Japan as of recent – and lost $57 million in the area in 2014. It was the first year that McDonald’s had confronted a misfortune in Japan since it unfolded its first outlet there in 2001, and has invited branch terminations and more radical thoughts from the administrative group – including this pop-up.

It’s not the first run through the brand has endeavored to raise its sustenance to fine feasting with an end goal to attract consideration regarding the nature of its fixings. Toward the end of 2013, it held a test in an extravagant eatery in Tribeca, New York, where celebrated cooks endeavored to make gourmet suppers from McDonald’s fixings. Irregular inventions included hamburger finished with blueberry pomegranate sauce, gnocchi produced using French fries, a perfumed and harsh battered chicken bite dish and a few grill chicken dishes.

The proprietors of one Sydney branch even gave cutlery and ceramics a trial, albeit following five weeks of washing plates and serving tables, the thought of fast food administration more likely than not began to engage them once more.

The uplifting news for the brand is that a few people are such fans that they needn’t bother with china and cutlery to visit McDonald’s for an extraordinary occasion. Take Steven Asher and Emily Marshall from Bristol. When they were trying to trump up some place to have their wedding gathering, they couldn’t believe anything more honorable than their most loved eatery – McDonald’s. They figured out how to encourage every one of the 33 of their visitors for only ÂŁ150. The upbeat couple even postured for a photo encouraging one another French fries.

In any case, what do you think? Would you visit a top of the line McDonald’s eatery? Tell us in the comments

Another side of the story to Greece’s Ordeal

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Greece’s debt crisis has been all over the news for several weeks now. Lately a bigger problem is emerging apart from their financial struggle. This is because several Greek workers are deciding to leave the country and go to other countries, such as Britain. This is ultimately going to compound the problems for Greece, as it will eventually lead to a brain drain. There are thousands of Greeks who are eyeing Britain and a number of other countries, as a better destination for their skills to be put to good use. There are thousands of workers looking for employment in teaching, IT and construction jobs.

This has been confirmed by several recruitment agencies in the UK, who are reporting that there has been a significant rise in the number of Greeks looking for work. In fact the online agency CV Library has reported that there has been twice the number of visits when compared to last year. According to statistics the job seekers between the ages of 25 and 34 who have been seeking information about the possibility to go working in Britain has increase by 58% since last year. As described by the head of sales at CV Library, Mike Powell, these numbers are simply phenomenal. He also explained that they were experiencing a rise of 26% week-on-week. As a result they are calculating that July will be seeing a 100% more visitors when compared to June.

As has been reported, the European Commission wants a bailout programme by the second half of next month. Then Greece has to honour a debt repayment of 3.4bn Euros to the European Central Bank. However, few are actually believing that this deadline is going to be met. This uncertainty is in turn leading several businesses and employees to consider moving to Britain.

A case in point, Alex Christodoulou, relocated his online shipping business from Greece about five months ago. He commented that it was a good decision for him, and he is meeting fellow Greeks who are making similar decisions daily. According to him, it was already a phenomenon to see a brain drain when people left the country, but had the intention of going back someday when things ameliorated. However, in this case, several people seem to be thinking about leaving once and for all.

Another case is what 23-year old Kostas Kostikou shared with us. As a part-time waiter in Wilmslow, Cheshire, he is managing to make as much as he earned while working as a skilled computer technician in Athens. He described how his salary was reduced by half overnight when he was in Greece, and that as a result he could not afford to live. According to this young Greek, the problems for Greece are going to compound because if the younger generation decide to do like he did, the country is going to lose out a great deal. There are only going to be older people left in Greece, and in his words, the country will eventually die. Greece needs its younger generation to help build a stronger economy. Sorting out its financial problems is thus only a part of Greece’s huge problem. If issues such as this are going to be ignored, Greece will remain a perpetual lame duck, dependant merely on hand outs.

Apple’s Profits at an all-time high of £6.9bn

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There is no denying that Apple is a giant, but with the iPhone record sales over the past three months, it has become even more so. In fact Apple has reported a staggering ÂŁ6.9bn profits on revenues of ÂŁ31.5bn. The Apple iPhone remains a favourite among many customers.

According to statistics for the Apple iPhone, more than 47.5m phones were sold between April and June this year. This is even more interesting considering that generally sales slow down a bit over this quarter, as shoppers await what the company will launch in the autumn. This figure is a surprising 35% increase on iPhone sales over the same period in 2014. It is also more than twice the number of handsets sold in the third quarter of 2011.

Part of this success is being attributed to the fact that Apple offers larger smartphone displays. Moreover, it is worth noting that a quarter of Apple’s overall revenue over these three months actually comes from China. This is a new market that Apple had found it rather difficult to crack previously.

Apple also managed to sell 10.9million iPads over this period. The prospects of the Apple Watch in the meantime remain quite unclear as Apple has not revealed sales figures as yet. The main reason for this is that disclosing such information might prove advantageous to competitors. Despite that the company’s Chief Financial Officer, Luca Maestri, claimed that the watch had beaten internal expectations, since the number sold during the first nine weeks was higher than the sales of the first iPhone and iPad. Back in 2007 1 million iPhone’s were sold over 10 weeks, and 3 million iPad’s in the first 11 weeks. So certainly the Apple Watch is proving to be a success.

The Apple Watch and the market response it is getting is being followed attentively as this is the first major new product introduced by the company since the founder and former Apple CEO Steve Jobs passed away in 2011.

Despite all of these great results, Apple’s stock fell by 7%, leading to a ÂŁ37bn reduction in its market value. According to market analysts this could be an indication that the company’s sales might eventually slow down a bit in the future. However, Apple is set to benefit from its extensive user base of hundreds of millions of customers. These are quite likely to upgrade their old versions of iPhone’s within the next couple of years.

With regards to the debut of Apple Music, it is worth noting that the company has diversified the music it offers and it has also launched a new radio station.

Apple is certainly doing well, unlike some other large companies in the smartphone sector. Microsoft for instance announced a net loss of ÂŁ2.1bn. This comes in the wake of a substantial write-down of its value in this line of business, which was acquired from Nokia.

BlackBerry is also not doing quite well as it has recently announced another round of job cuts. The company has also been falling behind as Apple and Samsung became stronger in the market of smartphones. In fact as of February of this year there were only 6,225 full-time employees working for BlackBerry.

Outsmarting Car Dealers – 4 Tricks to save money

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Buying a new car is going to have you forge out quite a bit of money. Chances are that you will end up overpaying because of the manoeuvres of cunning salesmen at car dealerships. However, there are some ways with which you can outsmart their shrewd tactics.

1. When you decide to trade-in your old car for a new one, it is common practice for the car dealer to start really low. Bear in mind that your old car will almost certainly have a higher value than what he is claiming. So, make sure you do your research in advance. There are various resources online which will help you determine a fair price for your old car. If the dealer notices that you are armed with information, he will be less inclined to make an unfair deal.

2. Many dealers use the tactic of offering you really low prices and then once they start that you are getting interested, they will move on to higher priced cars. Once you have been lured inside their showroom they will subtly switch their promotional attitudes to other pricier cars. To counteract this tactic you can either tell the dealer upfront that you will only be going to the showroom if they can assure you that that bargain car is still available, or else opt for online shopping.

3. Another common practice is for the dealer to try to sell you several protection services for the car which in reality you won’t be needing. Buying a car is a tedious and stressful process and dealers are well aware of that. By the time a buyer has made up his mind which car to buy he is going to be stressed out by all the cars he got to see, all the details he tried to understand and all the test drives. The dealer will use this to his advantage to try to get more money out of your pocket. He knows that all you want is to leave with the new car and get it over with, and he will thus start throwing extended warranties and protection services in the deal. Try to be aware of this, even though you may be tired of it all. Chances are you won’t need all that protection. Do try to read through the fine print so as to see what you are actually paying for.

4. Many dealers can mark the interest rate up. Many customers are unaware of this and end up getting ripped off. There is a tendency for the customers to take the interest rate for granted as they assume if came from the bank. This is true, but there might be dealers who decided to put more interest on top of it. To avoid this try to learn what your credit is and talk to your bank directly so as to be aware what you would qualify for and the applicable interest. In such a way a crafty dealer won’t make more profit because of your lack of information.

Solar Subsidies under Scrutiny

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Solar energy has been receiving plenty of attention in many countries lately, especially due to the increasingly hot climates and the soaring electricity bills. With more and more people being tempted to have solar panels installed, governments tried to give a further push to have them make this green decision by issuing solar subsidies and other incentives. However lately solar subsidies seem to be under scrutiny. In fact the government has recently announced plans to dismiss subsidies for smaller solar power farms. This news comes just a month after the announcement that aid for new onshore wind projects was going to be stopped.

The Department of Energy and Climate Change (DECC) is getting plenty of disconcerted green activists campaigning against these measures. According to spokesmen from the DECC the scrapping of the renewables obligation scheme for smaller projects was going to help bringing down the cost of solar subsidies to bills. These are currently running at around ÂŁ3 per household. The DECC is going to carry out consultations on these matter of closing support for the new solar farms that were less than 25 acres in size by the end of April 2016.

Other measures are also under discussion at the moment. One of the main ones is the removal of the guaranteed level of subsidy for biomass conversions. There has been a lot of criticism on these pieces of news especially since they are thought to affect negatively the investment in clean energy, as well as jobs in this field.

However the DECC still claims that reducing energy bills for British families and businesses while trying to meet climate goals in an effective way still remain two main priorities for the Government. The measures that are being discussed at the moment are merely intended to provide better control on overspending and to ensure that bill payers manage to get the best possible deals on MV Cable. Through it all the aim is still to move to a low-carbon economy.

The Energy and Climate Change Secretary Amber Rudd also stated that the support that was being given had managed to bring down the costs of renewable energy. Since costs continued to fall, it became increasingly simpler for the renewables industry to proceed without relying on subsidies.

Counteracting this statement, Green Party MP Caroline Lucas said that these proposals were very short-sighted and they will greatly undermine investment in the generation of clean and renewable energy. It will also end up impacting Britain’s climate change targets significantly.

Leonie Green, the Head of external affairs for Industry Body, said that the proposals were counterproductive. Various cost-effective ways of generating solar power were going to be significantly undermined and there was also bound to be a blow on investors’ confidence as well.

This move is being coupled up with the plans to scrap subsidies for new onshore wind farms. Green energy activists are claiming that such a move was going to raise household bills since wind power was the most cost-effective form of renewable energy. These two pieces of news are certainly raising a lot of questions and we will wait and see what the repercussions will be once they are put into place.

Britain’s top Ebay sellers are raking in up to ÂŁ17 MILLION a year trading on the site

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The first-ever eBay ‘rich list’ has been published – and reveals that Britain’s top sellers are raking in up to ÂŁ17 MILLION a year trading on the site.

The ‘Power 30 UK Index‘ ranks the site’s biggest 30 independent sellers and reveals they have an average annual turnover of nearly ÂŁ4million.

Perhaps unsurprisingly, the most common type of seller in the index is electrical goods – accounting for seven.

But four of the best sellers are fishing shops, with motoring related sellers claiming another four premier spots and fancy dress vendors taking three.

The huge figures reveal how eBay has inspired a new generation of entrepreneurs who have built money-spinning businesses out of the online marketplace.

The Power 30 UK Index was compiled by www.NetVoucherCodes.co.uk using data from the eBay analysis tool Terapeak.

Top of the list is Chinedu ‘Ken’ Emechebe, 37, who sells mobile phone accessories under the name ‘universalgadgets01’.

He has turned his bedroom trading hobby into a business with sales of over ÂŁ15million-a-year and employs around 45 people to help with eBay sales.

The father-of-two said: “I think the great thing about eBay is just from day one the ease of selling on eBay makes it great for small businesses.

“On eBay everything is set up for you.  Yes you pay your fees, but you would have to pay for advertising costs if you went on Google.

“eBay sets you up, it has millions of people who come on to the website every day, and all these people who are on there are looking for products and deals.”

There are more than 200,000 UK business selling on ebay.co.uk, plus millions of private sellers, generating an estimated #6billion of sales in the UK every year.

Top of the list universalgadgets01 has been selling on eBay since 2008 and has monthly sales of ÂŁ1,477,644.63

The company sells gadgets like mobile phone accessories and cables, and was the first UK company to get 1 million feedback seller in 2012.

Mr Emechebe starting his company in the spare room of his two-bed London flat.

Since then he has been forced to relocate three more times due to his growing company, and now works out of a 1,200sq ft warehouse.

He sells around 2,500 items a day on eBay, with most coming direct from factories around the world.

Among his most popular items are the iPhone 5, ethernet cables and headphones.

He said: “We outgrew the house and moved into our first warehouse about a year and a half after starting the business and at the moment we are in our fourth warehouse.

“We have just grown since then.

“[I think we are number one because] we have been doing this for a while and we understand the market.

“We understand what most people on eBay want.  Customer service is number one and we have to keep the customer happy.

“People buy from us because of the range of products we have.

“We try to make sure we are always there, are easily reachable and people can call us to ask us any questions.

“We are very competitive and everything we sell we get from source.

“Customers want to buy from a seller that they know they are going to get the item and without hassle.”

Second in the list is electronics shop Babz – which has monthly sales of ÂŁ1,427,534.13.

Third is entertainment seller estocks, which sells almost a million pounds worth of gadgets a month.

The figures were compiled from Terapeak data using a one-month snapshop of sales on ebay.co.uk between May 5 and June 5 this year.

Terapeak is eBay’s internal market research tool for sellers and provides data on buying habits, listing intelligence and competitor analysis.

John Stirzaker, creative director of money saving site www.NetVoucherCodes.co.uk, said: “With more and more people now treating eBay as a commercial search engine, bypassing Google, we thought we would explore how lucrative selling on eBay can be.

“What we found was inspiring. In the face of economic uncertainty it’s great to see true entrepreneurialism is alive and well in the UK.

“With the right research and commitment anybody can start small and build up a successful ecommerce business on eBay.”

FULL LIST OF MONTHLY SALES ACCORDING TO TERAPEAK MAY 5 – JUNE 5 2015:

universalgadgets01 – Electronics and gadgets – #1,477,644.63
Babz – Electronics and consumables – #1,427,534.13
estocks – Entertainment and electronics – #995,558.10
thinkprice – Everything – #633,881.03
bargain-bonanza – Everything – #549,845.31
worldofbooks08 – Books – #547,916.04
lmelctrical – Electrical – #539,310.72
p.fjones – Car parts and spars – #279,666.84
angling_warehouse – Fishing and outdoors – #251,525.26
aceparts_uk – Car parts and spares – #209,132.98

cheapest_electrical – Electronic goods – #198,900.76
hezhl2011 – Fashion – #179,090.66
stella-comm – Fancy dress and toys – #177,322.45
vladon-furniture – Furniture – #166,899.68
madaboutcostumes – Fancy dress – #164,258.23
bamford_trading – Electronics and gadgets – #164,011.92
lcd-wall-brackets – TV accessories – #162,049.02
ghostbikes_uk – Motorcycle accessories – #156,216.13
fancy_dress_discount_store – Fancy dress – #143,625.15
cramptonandmoore – Electronics and gadgets – #141,869.62

pollycouture – Fashion – #125,488.09
paulsanglingsupplies – Fishing and outdoors – #123,905.87
qfished – Fishing – #121,882.00
pitbikedirect – Motorcycles – #115,512.56
bedroom_furniture_direct – #114,578.05
belle-lingerie – Lingerie – #111,825.54
prestige.fitness.direct – Gym and fitness equipment – #110,570.04
ukawesomestuff928 – Fashion – #107,563.16
home-un-leisure – Fishing – #99,638.30
grt104 – Bikes – #97,460.17

 

Infographic

ebay-power30-index-2[1]

Woman had been paying for her neighbour’s water consumption for 6 years!

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As soon as we get the utility bill we all tend to grimace. But what if you were made to pay your neighbour’s bill along with your own! I can just imagine your reaction! Well, Margaret Hallman ended up doing just this for six years!

Ms. Hallman moved into her home in West London in 1999. There was a water meter installed by the previous owner, and she paid an average of ÂŁ85 every six months. But in 2010 she received a bill for ÂŁ110, and in the next two years the amount rose to ÂŁ110, and even more than that. So Ms. Hallman decided that there was something strange and she called Thames Water so as to enquire. The only reply she got was that if she expected to pay less, she should consume less water! Eventually they sent a meter reader to check the meter but he confirmed that the bill was correct.

Ms. Hallman, who lived alone and was 72 years old, was desperate to reduce her costs. So she started to take measures to reduce her water consumption. She flushed less regularly, did not allow her grandchildren to shower at her house, and even went to the lengths of going to wash herself at her daughter’s house a few streets away. But despite all her sacrifices, the bill she got last April amounted to £249.95!

She tried to read through the technicalities of the bill. She noticed that she typically used about 29 cubic metres of water very six months, but even with all her cutbacks the bill mentioned that she was using 42! This amount was typically sued by a family, and not by a single person household such as hers – and especially with all her cutbacks!

She thought about the possibility of a leak. So she turned off the stopcock and checked the meter. It was still moving! So she called Thames Water and reported this. This time they sent an engineer. He confirmed that there was no leak but there was something quite strange going on – Ms. Hallman’s water meter was connected to her neighbour’s pipe and because of this she had been paying their bills since 2009!

The engineer told her that they would be contacting her but this never happened. To make things worse she actually got a letter that she still owed the ÂŁ249.95! Ms. Hallman was always told to wait for a call that never came, and so she was forced to contact Money Mail. Finally Thames Water agreed to refund her a total of ÂŁ1,034. Thankfully they are also going to make up for the huge mistake by refunding her for her own water usage during that period of time.

In the UK there are two ways to pay for your water. You can either pay a fixed sum every quarter, or else have a meter installed. The latter option is generally cheaper than the former, but it was not so for poor Ms. Hallman. Luckily her saga has come to a good ending at last!

Tax complaints by messaging service

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In this era where we have got used to getting a reply almost instantly, we all tend to get somewhat perturbed by the tendency of being made to wait several minutes on the phone when calling a customer care number. The nightmare becomes increasingly prolonged when you need to call the HMRC. We have all gone through this sometime or other, and we have all gotten sick of waiting. Luckily now taxpayers are being offered a quicker and more convenient way to get in touch with the HMRC – a messaging service.

This service is very similar to WhatsApp and taxpayers will be able to raise their queries through this service rather than waiting for ages on a phone line. This initiative is not only more convenient for users, but it might also help to reduce the queues at telephone help centres. According to statistics most call handlers will only be able to assist an average of two people in an hour, while a messaging service one might manage to assist about five. Thus the service is going to promote efficiency for the service providers as well. It was also noted that on average, one out of every four calls were left unanswered, because of the excessively busy phone lines. This eventually led the HMRC to try to take action by recruiting an additional 3,000 employees. This meant an expenditure of some ÂŁ45 million!

With this new messaging service hopefully things will be rendered better. The service can be accessed through the HMRC website and immediate responses can be provided. There is a pop-up box on the site where taxpayers will be asked if they need any assistance or if they have any query. This will encourage users to make use of this service rather than using the phone. The system is being tested and it is expected to be introduced for public use in the upcoming months. Apart from this service, the HMRC also introduced the online personal tax account which is intended to replace the traditional tax return. With initiatives such as these, the public can avail of a more efficient and convenient service. Let us hope similar systems will be introduced as we make the best use of the technology around us.

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