Morgan named new Secretary of State for DCMS

first_img Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games 25th July 2019 | By contenteditor Topics: Casino & games People Sports betting Regions: UK & Ireland Nicky Morgan MP has been appointed as the new Secretary of State for Digital, Culture, Media and Sport, in one of a series of Cabinet changes after Boris Johnson took over as Prime Minister of the UK. Nicky Morgan MP has been appointed as the new Secretary of State for Digital, Culture, Media and Sport, in one of a series of Cabinet changes after Boris Johnson took over as Prime Minister of the UK.Morgan, who was elected Conservative MP for Loughborough in 2010, was most recently Education Secretary and Minister for Women and Equalities from July 2014 until July 2016.Prior to this, Morgan served as Financial Secretary to the Treasury and Minister for Women from April until July 2014, while she also spent time as Economic Secretary to the Treasury.In addition Morgan had a spell as an Assistant Whip in the coalition government that the Conservative Party shared with the Liberal Democrats.Morgan replaces Jeremy Wright MP, who has now left the Cabinet as part of the reshuffle overseen by the new Prime Minister. Johnson came to power yesterday (July 24), replacing Theresa May after winning an in-party election against former Foreign Secretary Jeremy Hunt.The Department for Digital, Culture, Media and Sport is responsible for a range of sectors and industries, such as gambling and racing, sport, the National Lottery and telecommunications and online. Tags: Online Gambling OTB and Betting Shops Morgan named new Secretary of State for DCMS Email Addresslast_img read more

Scout Gaming brings in Terje Bolstad as operations chief

first_img Scout Gaming brings in Terje Bolstad as operations chief 21st November 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Fantasy sports software provider Scout Gaming Group has named Terje Bolstad as group chief operating officer as it prepares for a period of significant expansion.Bolstad is described as having experience of leading modern technology-driven businesses, most recently serving as a regional manager for Norwegian recruiter Experis. He previously served as sales manager for IT consultancy Umoe Consulting, having also worked for Logica, the tech giant acquired by CGI Group in 2012.“We are pleased to welcome Terje Bolstad to Scout Gaming,” Scout chief executive Andreas Ternström said.Ternström explained that the supplier was currently going through an intense period of growth, rolling out new clients and products. Bolstad would help the business ensure its processes and business structure would allow it to meet demand from existing and new customers.“I’m impressed how Scout Gaming in a very short time frame, has taken a landgrab of a new market,” Bolstad said of his new employer.“Growing the market within media and the global betting industry with latest technology, demands us to be productive, innovative and meeting customer demands,” he continued. “Our focus in upcoming years will be to strengthen the position we already have, serving the market new products to attract more end-users.”Last week Scout reported a 127.5% year-on-year increase in revenue for the three months ended 30 September, with its net loss reduced to SEK9.5m. At the time Ternström said that profitability was likely to improve as the company’s focus shifted from signing up new clients to launching its products with these customers. Subscribe to the iGaming newslettercenter_img Casino & games Tags: Fantasy Sports Mobile Online Gambling Topics: Casino & games People Sports betting Social gaming DFS Fantasy sports software provider Scout Gaming Group has named Terje Bolstad as group chief operating officer as it prepares for a period of significant expansion.last_img read more

500.com resumes Multilotto operations in Sweden

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 10th September 2020 | By Conor Mulheir Regions: China Europe Nordics Sweden Tags: Mobile Online Gambling Casino & games Chinese lottery provider 500.com announced the resumption of activity in Sweden, via its The Multi Group (TMG) lottery betting subsidiary, having renewed its online gaming licence in the jursidiction for the next two years.The licence covers secondary lottery and casino, allowing the TMG-operated Multilotto brand to return to business in Sweden after a period of inactivity in the market.Activity was halted in January 2020 after 500.com failed to renew the year-long licence under which it was operating.While it hoped to resume operations by mid-February, and expressed its wish to complete the renewal process as quickly as possible, delays have left the company unable to operate in the jurisdiction until now.For the fiscal year ending 31 December 2019, revenue generated by TMG accounted for approximately 89.7% of 500.com’s total net revenue, of which approximately 61.3% was generated in Sweden.Earlier this month, 500.com revealed that despite seeing a 51.1% year-on-year drop in revenue during the first half of 2020, it was able to significantly reduce its comprehensive loss in the period.Overall revenue for H1 2020 amounted to RMB99.1m (£10.8m/€12.1m/$14.5m), less than half of its revenue for the same period in 2019.However, operating expenses were also reduced, coming in 51.1% lower than the previous year, while cost of services were down by 72.4%, and sales and marketing expenses reduced by 67.1%.Comprehensive loss in the six months to 30 June therefore amounted to RMB86.3m, down 33.6% from RMB130.0m in the same period last year.The Multi Group was acquired by 500.com in May 2017, securing a 93% share of the business in a deal worth approximately €49.8 million ($55.8 million) Email Address 500.com resumes Multilotto operations in Sweden Subscribe to the iGaming newsletter Chinese lottery provider 500.com announced the resumption of activity in Sweden, via its The Multi Group (TMG) lottery betting subsidiary, having renewed its online gaming licence in the jursidiction for the next two years. Topics: Casino & games Lotterylast_img read more

I’d buy the best performing FTSE 100 stock of the past month in this market crash!

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Jonathan Smith | Monday, 16th March, 2020 | More on: OCDO Jonathan Smith and The Motley Fool UK have no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The FTSE 100 slump over the past month has been well documented, and has seen all of the 100 constituents give a negative return. The best performing firm over this period has been Ocado (LSE: OCDO). When I say the ‘best’ performer, do note that even Ocado is down month-on-month. But if we look at it on an absolute basis, it has only lost around 2% in value.If we compare this to the average (around a 27% loss) you can see that Ocado has outperformed its peers quite substantially. And looking at it in a little more detail, it seems this trend has a very good chance of continuing.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Ocado is a tech firm-cum-online grocer that went public a decade ago. Since then, the business has grown into producing food products via an own brand. It also white labels storage and distribution facilities for other supermarket chains. It has been investing further in technology in recent years, focusing on concepts such as automated warehouses, robots and machine learning for online fraud prevention.Ocado has been a top performer on the stock market for a while. In fact, if you had bought the stock two years ago, you would have almost doubled your money by now. But why is it the top performer over the past month during an extreme market sell-off and despite making a pre-tax loss last year?Defensive playThe main catalyst for the recent sell-off can be put down mainly to the coronavirus. So if you were a fund manager who has a mandate to give investors a positive return on investment, what sectors would you focus on buying (or selling)?The obvious buys are defensive stocks that traditionally perform well during a downturn. These include consumer staples such as supermarkets. We are all still going to need to buy food and drink however bad a situation gets. And the weekend’s panic-buying shows we’ll even buy more than usual in tough times. The added plus for online-based Ocado in this sell-off is that many worry about interacting with other people and catching the virus. So while supermarkets are performing well on a relative basis (i.e not falling as much as others) Ocado is the pick of the bunch because it is purely online. This means clients can order from homes and get delivery to the front door, all without risking leaving home. So while it is too early to call, I would expect revenue for Ocado to be surging at the moment.Indirect influenceSecondly, Ocado has a lot of indirect influence on distribution and warehousing for other firms in the industry. This will be benefiting it at the moment. For example, Morrisons use Ocado for delivery and storage services. Morrisons itself will be seeing an increase in demand (pictures of empty shelves are plentiful). Ocado is indirectly benefiting from this due to the services it provides in the back office.So would I buy Ocado right now? Yes I would. Not only is it likely to be a top performer during this difficult period, but strip that away and you have an already-growing business with expanding operations. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997”center_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I’d buy the best performing FTSE 100 stock of the past month in this market crash! Enter Your Email Address Image source: Getty Images I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Jonathan Smithlast_img read more

I’d avoid Marks & Spencer shares and buy this AIM growth share instead

first_img Andy Ross owns shares in Polar Capital Holdings. The Motley Fool UK has recommended Frontier Developments and Polar Capital Holdings. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’d avoid Marks & Spencer shares and buy this AIM growth share instead Andy Ross | Friday, 15th January, 2021 | More on: FDEV POLR I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Once again, Marks & Spencer has let down investors. I wouldn’t be keen to invest in the supermarket, as it tries to turn around its ailing clothing division. Whereas there are a good number of AIM growth shares that have far more potential to increase their shares prices and dividends.A growth share with plenty of potential to outperform Marks & Spencer sharesIn my view, one such share is Polar Capital Holdings (LSE: POLR). The boutique asset manager has a dividend yield of 4.8%, which is very solid for an AIM-listed company. It’s established and has a value approaching £700m, so this isn’t one of the AIM’s Wild West-style penny shares.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Many of its funds have been performing very well for investors, including the Polar Capital Technology Trust.Growth is both organic and through acquisition. As part of its acquisitive growth strategy, Polar Capital bought Dalton Capital, the parent company of London-based boutique asset manager Dalton, for £15.6m in December. The latter has £1.24bn of assets under management and a strong European presence.In its last annual report, the company stated it was keen to expand in the US and has bought financial companies over the Atlantic to help achieve this. Along with expansion in other regions like Asia and the Nordics I think there’s a lot more growth to come from Polar Capital Holdings.An AIM share in a growth industry – gamingGaming group Frontier Developments (LSE: FDEV) is part of a red hot sector. Under lockdowns in 2020 shares in companies in the sector flew. Many are now expensive on traditional valuation measures like the price-to-earnings (P/E) ratio, but if they can post exceptional growth there may still be opportunities for the share prices to rise.I might consider Frontier Developments as a future buy for my portfolio since I have confidence in the sector and am not averse to buying a highly rated stock. There’s little doubt it’s a very solid operator.It has plenty of cash and a strong balance sheet. The games are very popular and of high quality, and include titles such as Zoo Tycoon and Disneyland Adventures.With the global gaming market forecast to grow from $151.55bn in 2019 to $256.97bn by 2025.I think investor optimism and interest in the sector will keep pushing share prices higher. The quality of Frontier Development’s games means I believe it’ll stay near the front of the pack. It’s such a good company that it may even get taken over. Codemasters, a rival game producer has recently been bought, so there’s precedent. I like both Polar Capital and Frontier Developments because they look to be high quality AIM growth shares. The former is particularly attractive because it’s valuation is lower and it pays a dividend. The latter is in a sector that is in fashion and could well remain so for some time. I expect both to massively outperform floundering Marks & Spencer shares.  See all posts by Andy Rosscenter_img Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Addresslast_img read more

ISA investing: 2 of the best stocks to buy in June

first_img See all posts by Royston Wild Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Dominos Pizza. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Get the full details on this £5 stock now – while your report is free. Image source: Getty Images. Enter Your Email Address Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Our 6 ‘Best Buys Now’ Shares Royston Wild | Tuesday, 1st June, 2021 | More on: DOM HFD I’m searching for top UK shares to buy for my Stocks and Shares ISA this June. Here are some of the best UK stocks on my radar today:On your bikeBike and car maintenance retailer Halfords Group (LSE: HFD) is a top FTSE 250 stock I’d buy and hold for years. The company is having a tough time making its bikes at the moment, due to parts shortages caused by Brexit- and Covid-19-related supply problems.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But it’s also struggling to keep up with demand due to the resurgence in cycling in Britain. This is a trend I expect to continue too, as spending on cycling infrastructure in the UK steadily increases. Indeed, the UK government last year pledged to invest up to £2bn “to create new era for cycling and walking.”Rising environmental concerns and the escalating fitness boom mean that pedal power should continue growing in popularity too. It’s estimated that just 2% of all journeys in Britain are powered by the pedal, providing plenty of upside for the likes of Halfords to exploit.One of the best retail stocks to buy?City analysts think earnings at Halfords are expected to drop 34% year-on-year in the 12 months to March 2022. Many forecasts suggest that bike demand will fall as coronavirus lockdowns are eased and people return to gyms, public transport and the like.Still, for the reasons above — and the fact that the public health emergency continues to roll on — I think forecasts could be upgraded as the year progresses.Besides, the number-crunchers think that annual earnings will rebound in fiscal 2023. A 15% bottom-line rise is currently forecasted. Today, Halfords shares aren’t that cheap, the FTSE 250 company trading on a forward price-to-earnings (P/E) ratio of 17 times. But I think the bright long-term outlook for cycling on these shores, along with the possibility that near-term profits forecasts could be bumped up as the year progresses, still makes this one of the best UK stocks to buy today, in my opinion.Another tasty UK shareI’d also happily load up on shares in Domino’s Pizza Group (LSE: DOM). That’s even though the company faces a significant shortfall of workers. In fact, the FTSE 250 fast-food giant is on the lookout for 5,000 new chefs and delivery drivers right now.However, I still think Domino’s is a great UK share to buy today. Why? Well its colossal brand power makes it one of the best stocks to buy to exploit the ballooning food delivery market. Revenues in this market are predicted to rise at a compound annual growth rate of 5.6% through to 2024, says Statista.This explains why City analysts think annual earnings at Domino’s will rise 6% in both 2021 and 2022. The company trades on a forward P/E ratio of 22 times as a result. But I think the food delivery colossus is worthy of such a meaty premium, and I’d happily buy it for my ISA. FREE REPORT: Why this £5 stock could be set to surge Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. ISA investing: 2 of the best stocks to buy in Junelast_img read more

Six Nations: Five things we learnt – Italy v Ireland

first_imgJoe Schmidt’s Ireland huffed and puffed but eventually pulled away from a dogged Italy side to leave Rome in credit Safe pair of hands: Paul O’Connell secures ball in a low-key Irish win (Pic INPHO) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS It was the ultimate bloodless coup. Italy never really fired a shot, and Ireland were able to roll from first gear, into second and maybe at a push, briefly got into third to run out comfortable winners without really having to dip into their bag of tricks, or even show that much of their hand. Here’s the five pointers we learned from the match:Joe Schmidt had gelled up on his ‘Italian Rugby Cliches Manual’Deny them early momentum. Tick. Don’t let them get on top in the set piece. Tick. Grind them down slowly. Tick. Earn the right to go wide. Tick. Joe Schmidt had clearly read the Handy Media Guide to Beating Italy and felt that, on balance, most of it still held true. Ireland squeezed the Italian lineout, got the nudge on their scrum and proceeded to dismantle them very, very slowly.In charge: Joe Schmidt ticked all the boxes as his side increasingly strangled Italy (Pic Inpho)Indeed, one attack in the Italian 22 in the first half was so narrow they might as well have reached a gentlemans’s agreement not to bother setting up another ruck after each phase and just charge up the same channel again.Schmidt’s all conquering system, erm, conquers allJoe Schmidt’s greatest achievement as Ireland coach so far is his ability to withstand the loss of key individuals. Like a rugby equivalent of Arrigo Sacchi, he is a firm believer in building playing systems around which the players perform. So when Sean O’Brien pulled up in the warm-up, Schmidt would have been confident that Tommy O’Donnell would have known exactly what was required of him as his replacement.Job done: Tommy O’Donnell stepped into Sean O’Brien’s shoes seamlessly (Pic Inpho)It seemed apt that O’Donnell should score the second try, barrelling over superbly from Ian Madigan’s cut-out pass. It does, however, leave Ireland looking a little dull on occasions. They never offload or run the ball in their own half, or do anything off the cuff. Outmuscling French fatties tends not to be a profitable strategy – just ask Scotland – so expect at least the occasional bit of panache next week.Ireland need Jonnycenter_img To be clear, Ian Keatley, did plenty of good things. He put in some decent tactical kicks and dinked everything off the tee through the sticks, but he also threw in a few loose kicks and lacks Sexton’s ability to run and pass with authority on the gainline. But, hey, doesn’t everyone? That’s why Johnny Sexton is the world’s premier fly-half.A man apart: Ireland need Johnny Sexton back to direct proceedings (PIC INPHO)It shouldn’t be a surprise to anyone that Sexton remains absolutely essential to Ireland’s ability to challenge for a second successive championship. After 12 weeks kicking his heels, Johnny will have nervous energy to burn, but he’ll need to be at his controlled best next week against Les Bleus.Ireland have bench impactMomentum picked up notably once Iain Henderson and Ian Madigan came onto the pitch. It was as if a switch was flicked and the team set about putting the Italians away for good. Iain Henderson reminds us of  Stephen Ferris; his upright carrying style looks technically dubious but he’s so strong – with an added 4kg of muscle recently added – it just enables him to stay on his feet longer. It’s how the Springboks do things.Pass master: Ian Madigan may not get a start but he brings an extra option from the bench (Pic INPHO)And while it’s a real pity Ian Madigan seems doomed never to be able to bring his tactical kicking game to the level where he can be trusted to start Test matches, he remains Ireland’s best passer of a football. While Keatley was preferred to start this game, it’s likely that Madigan will remain on the bench when Sexton returns, since his unstructured brilliance is best suited to the last 20 minutes of matches.Mike Ross – he’s ALIVE! Some punters (by which we mean ‘we’) were quick to question the selection of Mike Ross at tighthead. He didn’t make the Leinster matchday squad in their last two ERCC pool matches, with Irish eligible players preferred in his stead. It’s all a bit like that time Deccie kept picking Donncha O’Callaghan even though Donnacha Ryan had displaced him at Munster and was playing fantastically.We digress, credit to Ross, who dominated his opponent in the scrum and set the tone for a dominant set piece performance by Ireland. But it remains to be seen over the course of the championship whether Schmidt is right to persist in the hope that Ross can hang on until the World Cup, or if he should be concentrating all his efforts on Marty Moore and Nathan White.last_img read more

Making Next Year’s Taxes Less Painful

first_imgWith 2016 taxes in the rearview mirror, it’s time to take stock of some missed opportunities for next year that could save you money and headaches. Ah, tax time. The one time each year when we are all forced to look our finances in the face. Rarely fun. From my perspective, tax returns are a wonderful view into a person’s life. Your tax return will tell me not just the obvious things, like how much money you make, but also if you sold a bunch of company stock, if you have kids, if you’re saving for retirement, if you have a rental property. It won’t tell me your favorite food or the last book you read, but when it comes to things that affect your financial life, it’s the holy grail.Is it really any surprise, then, that doing your taxes is stressful, confusing and overwhelming? To do your taxes, you have to delve into almost every part of your financial life.And now that your 2016 tax ordeal is over (or, at least it should be!), you probably have several ways to make your 2017 tax experience less horrible. Much like the rest of your financial life, planning for your taxes makes the whole experience so much better, both financially and emotionally.By the time January rolls around, your tax situation is largely fixed for the previous calendar year. Your income is what it is, you have bought and sold investments, you made your charitable donations, and so on.There are a few things you can do retroactively to improve the previous year’s tax situation, like contributing to your IRA and Health Spending Account (HSA). You might also undo (reverse or “recharacterize”) a conversion of a traditional IRA to a Roth IRA.But most of the tax benefits you can get are going to be the result of advance planning, not last-minute catch-up. Here are some of the major kinds of tax planning that you might benefit from going forward for 2017:RETIREMENT SAVINGI’m talking about 401(k)s or other employer plans. Yes, IRAs are a possible retirement savings vehicle, but they’re often not as good as a 401(k). Their contribution limits are much lower — IRA contributions are capped at $5,500 per year for those under 50 ($6,500 for those 50 and up) vs. 401(k)s, which are capped at $18,000 for those under 50 ($24,000 for those 50 and up). And IRAs face income limits on either eligibility or tax deductibility. Plus, unlike with 401(k)s, there’s often no easy way to set up automatic paycheck deduction for IRAs.However, while you can contribute to an IRA up until the tax-filing deadline (which in 2018 will be on April 17) and still have it count for the previous year’s taxes, you have to finish contributing to your 401(k) by Dec. 31. So, ideally, you would look ahead during 2017 to figure out how much you can, how much you need to, and how much you should contribute to your 401(k) in 2018.GETTING OR REFINANCING A MORTGAGEIf you have a home mortgage, you had to make the decision about buying points (you prepay a bunch of money in the year of purchase, to lower the ongoing interest rate). You can deduct the money you spent on points in full in the year you pay them if you meet a variety of IRS requirements.Some years are going to make that itemized deduction more worthwhile than others. If, say, you’re selling a bunch of company stock, at a gain, you’re going to drive your income up. Which means itemized deductions are worth even more. So, if you’re also buying a home in the same year, that makes buying points more worthwhile.DONATING TO CHARITYDo you give to charity? Or want to? There might be some significant tax savings there, while not diminishing the help you provide to charities.If you usually give cash, consider donating “appreciated assets,” investments that have grown a lot in value, instead. If you have a bunch of company stock, start there. You can still get the itemized deduction, just as you would with a cash donation, but you also avoid the tax bill you’d otherwise pay if you sold that investment.Does your income change from year to year? Was your income high this year because your company stock went gonzo? Or was it low because your start-up laid you off and you spent months looking for a new job? Consider concentrating your charitable contributions in high-income years, because the itemized deduction will be worth more.HEAVY CONCENTRATION IN (COMPANY) STOCKMany of my tech-industry clients have a lot of their financial worth tied up in a single stock, their company stock, which they’ve passively acquired over the years through stock options, Restricted Stock Units, employee stock purchase plans and so on. This is really risky.Lowering that risk is often Priority No. 1, taxes be damned. But because selling that stock can bring with it a big tax bill, it’s worthwhile to map out a plan for getting rid of those shares. You can make a schedule for selling them that spreads the taxes out over a few years, donating them or even giving them away.FLEXIBLE SPENDING ACCOUNTSFlexible Spending Accounts are a good employee benefit that I hope you have available to you. You put pretax dollars into an FSA (the IRS limits for 2017 are $2,600 for health care and $5,000 for dependent care), and you can use that pretax money to pay for medical expenses or dependent care. From Kiplinger.com UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Yes, You DO Your Taxes. But Do You PLAN Your Taxes? Share on Facebook Tweet on Twitter Florida gas prices jump 12 cents; most expensive since 2014 TAGSTaxes Previous article12 Tips for Shopping at GoodwillNext articleHome improvement projects where “look-alikes” are better Denise Connell RELATED ARTICLESMORE FROM AUTHORcenter_img Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom Please enter your comment! LEAVE A REPLY Cancel reply Please enter your name here You have entered an incorrect email address! Please enter your email address here Save my name, email, and website in this browser for the next time I comment.last_img read more

How to survive the new corporate telemarketing legislation

first_img  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis How to survive the new corporate telemarketing legislation Tagged with: Individual giving Amanda Ling, Head of Marketing at The Database Group, shares her ‘survival tips’ on the Corporate Telephone Preference Service (CTPS) and gives advice on what to look out for when choosing a bureau to screen data against the CTPS.Amanda Ling says that “the Corporate Telephone Preference Service is here to stay and so is not it about time we had some practical advice on positive ways to ensure our business development survives the legislation?”She lists her suggestions: Advertisement Howard Lake | 29 August 2004 | News Survival Tip One – Get opt-inAdd an opt-in to every point of contact with your customers and prospects (website, order forms, mailings, telephone enquiries). This will give them the opportunity to consent to receiving promotional calls from your company. Even if these companies register with the CTPS your opt-in consent will override their registration meaning you can still call them.Survival Tip Two – Don’t forget referralsRemember to take care if you are given an alternative number to contact when you are telemarketing. Any addition or amendment to a number in your database will not have been CTPS screened. Try either flagging all new prospects and amended numbers with a date stamp to ensure you do not call them before you next screen your numbers or consider purchasing a single number lookup system so that you can check the numbers are not registered before amending or adding to your database.Survival Tip 3 – Check every yearAdd a CTPS flag and date field to your database as businesses are required to re-register every year. After 12 months re-screen the numbers as their status may have changed. Survival Tip 4 – Join ForcesProcessing larger volumes of data in one go is often more cost effective than processing smaller volumes. If you have a number of offices/branches consider purchasing on behalf of the group and coordinating your screening through your Head Office. Each branch’s data can be processed separately and you can make considerable savings. Survival Tip 5 – Prioritise your callsRemember it is only essential to screen the numbers you intend to telephone in the next 28 days. Flagging manageable batches of records to be screened instead of the whole database and prioritising your telemarketing will save you money. Survival Tip 6 – Get proactiveTarget your CTPS registered prospects with direct marketing campaigns and encourage them to opt-in. Consider giving away free useful information such as an information factsheet or white paper, or perhaps a free trial of your products or services. Show that you care about their preferences by recording the areas of your service they are most interested in and offer them a copy of your privacy policy so that they know opting in will not mean they are inundated with untargeted calls. Survival Tip 7 – CTPS legislation, threat or opportunityCTPS legislation is an opportunity for companies to market smarter. Use this positively, after all do you really want to waste time and resource of your sales or call centre team calling companies who have specifically asked not to be called. Screening out these companies will enable you to focus on those who are happy to receive calls, and target those who are not through their preferred channel of communication. It could even help to uplift your response rates. After all, if you call companies who have actively expressed not to be called you ultimately risk something much more serious than a £5000 fine, you risk damage to your brand.When choosing your supplier remember to¦1. Shop aroundMost companies conducting telemarketing will not need to purchase a full CTPS licence at £3,750. Costs for cleansing generally depend on the number of calls you are making. For example if you are a small business calling 1,000 numbers or less each 28 days you could expect to pay around £60.00 – £100.00 for the whole year.2. Try before you buyMany companies will allow you a short trial of their service to enable you to make sure that it is right for you before you buy. Search for companies who are happy to provide a demonstration and free trial without obligation to purchase.3. Confirm turnaround timesSome CTPS services can give you instant results online, others can process and return files within minutes. Consider your requirements as 24 or 48 hour turnaround could cause you a great inconvenience if you need to process an urgent CTPS clean.4. Check minimum chargesMany companies will allow you to screen any number of records any time for a set charge. Watch out for suppliers that charge minimum run charges as this could make ad-hoc cleansing very expensive. If your supplier cannot offer you the flexibility you need look again.5. Help for manual systemsYou do not have to store your data in a database to check against CTPS, nor do you have to check numbers one at a time. There are manual online options available that allow you to key in selections of numbers and check them all at once, quickly efficiently and cost effectively. 6. Keep an audit trailEnsure your supplier can give you access to a fast and effective way of checking the numbers you have screened as you may need to provide proof to the Information Commissioner should a complaint about your company be received. Some companies offer an audit lookup system where you can view numbers you have previously screened instantly, others can provide you with reports, just make sure you have proof that you can print.7. Check your data’s healthIf your data is old or has not been cleansed regularly it may contain old STD codes, or have text such as ext xxx typed into the phone field. If you think your data is in need of cleansing ensure your supplier can offer a service that will highlight these issues before CTPS screening. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Amanda Ling is Head of Marketing at The Database Group. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Two Indian journalists beaten while probing suspected school scam

first_img News Receive email alerts News In rural India, journalists face choice between covering pandemic and survival “A physical attack of this kind cannot go unpunished,” RSF’s Asia-Pacific desk said. “The beatings that this reporter and his cameraman received while doing investigative reporting in the public interest put all of the region’s journalists in danger. The police must carry out an investigation and severely punish those responsible.” April 27, 2021 Find out more RSF_en Organisation News The assault took place after the brothers arrived at a school in the village of Kunvarsi. Men armed with sticks attacked Ashok as he waited outside the school while his brother went inside to talk to the principal. When Kuldip came out, he was also given a severe beating. IndiaAsia – Pacific Condemning abusesProtecting journalistsProtecting sources Freedom of expressionViolence India is ranked 140th out of 180 countries in RSF’s 2019 World Press Freedom Index. The two TV9 journalists went to the village to investigate the alleged misuse of state funding for schools in tribal areas. To combat illiteracy and promote secular education among India’s disadvantaged tribes and castes, the state has been building and assisting schools since 1990. Follow the news on India The regional news broadcasting channel, TV9, exposes violences on journalist Kuldip Parmar. (Photos: Twitter/TV9) center_img Reporters Without Borders (RSF) condemns a brutal attack on two TV journalists who were investigating the suspected embezzlement of state funding for schools in a tribal area of Gujarat state, in western India. Those responsible must be arrested quickly, RSF said. One of the journalists, TV9 reporter Kuldip Parmar, was hospitalized with a broken leg after the attack on 4 October in which both he and his brother, cameraman Ashok Parmar, were badly beaten and temporarily abducted. The two journalists were then bundled into a car and taken to a nearby farm where they were forced to drink alcohol with a woman while being photographed for blackmail purposes. After being threatened, the injured journalists were finally dumped at the side of a road near another village. India: RSF denounces “systemic repression” of Manipur’s media March 3, 2021 Find out more Help by sharing this information RSF demands release of detained Indian journalist Siddique Kappan, hospitalised with Covid-19 October 8, 2019 Two Indian journalists beaten while probing suspected school scam June 10, 2021 Find out more IndiaAsia – Pacific Condemning abusesProtecting journalistsProtecting sources Freedom of expressionViolence News to go further Ashok has identified their main assailant as Vadansinh Barad, the brother of Lakshman Barad, the leader of the local branch of India’s ruling BJP party.last_img read more