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Well, here we are again. This chap was given the run around by the FSA for they were concerned. Shame they were not so concerned when the Libor rigging was occurring, that they sat on knowingly, since 2008 by the major banks. But, of course, anyone who comes up with a straightforward money loaning option to small businesses, is grilled within an […] Well, it’s 2013 and after 2012 complaints on Banks you would have thought they might be a little more careful with our money. Well, if you thought that. You would be mistaken. I received a Letter from NatWest with my On-Line token and log in. As I never asked for this. I expected that some fraud was afoot. I […] Well, here we are again. So you are login into the banks or Credit card. You made sure that you have the Key in the browser and you think you are safe? Well, unfortunately, you are not. As most websites including Gmail, Cahoot, Tesco etc use the version 1.0 SSL. http://www.theregister.co.uk/2011/09/19/beast_exploits_paypal_ssl/ Trouble is this has been broken. So, you say […] Now, the point of this article, is the trouble with this system. HM Gov pays these payments in advance of the actual Tax year you are actually in. So, for example. We are in Aug 2010. But, Tax system credits that would have actually been paid are the allowance for 2011/12. So, if you stop this merry go round, by getting yourself a job that is more than the cut off rates or fail to submit a claim. You then end up with the Taxman demanding £2,500 overpayment. Which, is a tad rich, as you didn’t make up this lunatic system that is totally open to fraud. […] I use to have a Bank Manager that looked at the Business and then made a decision based on the income coming into the company and the credit worthiness of the companies we had contracts with. […] |
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