Business Insurance Group

Government consults on furnished holiday lettings tax rules

The Government has just published a consultation paper on proposals to change the tax rules for furnished holiday lets so they meet EU legal requirements in a fiscally responsible way.

The proposed changes to the special tax rules for furnished holiday lettings include;

• increasing the number of days for which a property must be available to let from 140 to 210 days each year;

• increasing the number of days for which a property is actually let to the public from 70 days to 105 days during a year;

• the proposals also restrict the use of loss relief from furnished holiday lettings so it can only be set against certain income from the same business.

The consultation will run from 27 July to 22 October.

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Indian Student Health Insurance

Student medical insurance plans are essential for the travelers going to foreign countries to pursue their higher education. While travelling, students need to be aware of the health care scenarios which can cause financial disaster in case if the student is uninsured.Keeping these scenarios in mind, most of the overseas universities have mandated medical insurance plans. Students can easily get free quotes of student health insurance plans by Indian insurance providers at EIndiaInsurance.

To make the insurance shopping easy and convenient, EIndiaInsurance has a user friendly compare tool for student medical insurance.

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When Dealing With Medical Care What You Don’t Know Could Definitely Hurt You

The internet is a resource that most of us can’t imagine living without. Even though it was just a few decades ago that people didn’t have these amazing tools available to them they have come a long way and have become a central point in many people’s lives. As a result, we have learned to rely on them for everything. Our home computer has become a mainstay resource in our lives and we use it for everything from looking up phone numbers to ordering clothing items. It is

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Theft & burglary questions to ask your holiday home insurer

The Summer holidays are upon us and it’s a time when many of you will be off to visit your holiday homes or managing hectic changeovers at your holiday rental.

Although it’s likely that holiday home insurance won’t be a foremost concern during this period, it’s essential that you are aware of some areas which may leave you at risk.

Our experience at Schofields is that unfortunately during the summer months, theft and burglaries increase at holiday homes – as both home owners and holiday makers arrive with an array of expensive gadgets, jewellery and money.

Although many of us have a perception that the idyllic rural locations where our holiday homes are located are virtually crime-free, this is a mistaken perception that may cost you dear if you don’t appreciate the reality.

In reality, some factors often make holiday homes particularly attractive to burglars and criminals:

• many second homes are located in relatively rural and isolated areas outside of villages and towns, especially those overseas – this isolation makes them attractive to thieves;

• some holiday properties may be equipped to a relatively high standard and contain expensive electrical equipment and furnishings;

• due to renters coming-and-going, it may be difficult for local people to identify when strangers are authorised to be around the property and when they’re not;

• by definition, a second home is going to be unoccupied more regularly than a main residence.

Don’t assume your holiday homes insurance covers theft

It’s essential that you read the small print and exclusions of any insurance policy you are going to purchase, but many people don’t. Consequently holiday

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I want to look into some disability insurance, but not sure where to begin?

I basically just want to ensure my family is supported if anything happened to me, but I have no idea what to expect for costs nor where to look.

I have life insurance with AAA, so I assume they also offer disability insurance? Can anyone offer some advice?

Thanks.

Frauds Pertaining to Car Insurance behind the Increase in the Insurance Premium

The last few weeks have seen a tremendous untold increase in the car insurance rates. Experts believe that one of the premium reasons behind this rise is the increasing number of fraudulent cases of exaggerated injury claims. The April and June statistics show a 12 percent increase in the costs of the comprehensive car insurance cover indicating a further increase in the coming months.

It seems like an added injury for car owners mounting on top of the increased fuel prices as well as the taxes levied on the car insurance premiums. If you compare car insurance, you are likely to end up realizing that the cheapest of the comprehensive insurance quotes have increased by as much as 11.5 percent in a short period of three months as compared to the last quarter when the value was at €704. T

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Even with reform’s savings, Md. health care system ‘unsustainable’

A council, formed by Maryland’s Democratic governor, Martin O’Malley, to anticipate and prepare for federal health reform in Maryland, predicts the state may save between $622 million and $1.04 billion by 2020 from the federal law.

Yet, even with the savings, the Maryland Health Care Reform Coordinating Council is warning that the health care system in Maryland could falter because of increasing costs.

“Our health care system will soon be unsustainable, regardless of these savings, unless we succeed in improving quality while reining in the runaway growth in costs,” said the report from the council, co-chaired by Lt. Gov. Anthony G. Brown and Maryland Health Secretary John M. Colmers

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TATA AIG student guard insurance online

Students planning to pursue their education overseas can purchase tata aig student guard insurance online and stay secure while abroad. TATA AIG student guard medical insurance covers the insured for medical emergencies occurred while overseas. There are different plans in tata aig student guard with varying medical benefits as $50,000, $100,000 and $250,000.

There will be a deductible of $100 for all the plans under TATA AIG student guard insurance and the premium cost also varies according to the plan chosen. TATA AIG student guard insurance can be purchased online at EIndiaInsurance. Students can use a credit/debit or cheque to purchase TATA AIG student insurance online.

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