In this week's news round-up we cover the following stories: Living costs for pensioners in South East exceed UK average reported by the Sussex Express. Health chiefs urge elderly get their Flu vaccine as early as possible, reported in The Gazette and finally the story reported in The Guardian that states 'Half of UK adults are financially vulnerable'. Pensioners Living Costs Exceed UK Average A report featured in the Sussex Express has said that pensioners living in the South East are paying living costs that are above the UK average. The research by the Financial Planning …
VAT Exemption at Careline365
Here at Careline365, the national personal alarm provider, we are able to offer VAT exemption to many of our customers in order to comply with the rules set out by the Government. This means that you can save 20% on the regular price of a personal alarm, smoke detector or carbon monoxide detector. To help you understand the VAT rules and regulations we will now explain the VAT law here in the UK and the criteria you need to meet in order to remove VAT from your order. VAT Exemption Requirements UK residents purchasing products that have been adapted for their domestic or personal use …
Elderly drivers high insurance prices
Elderly drivers and homeowners are being duped out of hundreds of pounds each year. There's been many reports both past and present of specialist insurers who claim to offer cheaper prices for over 50's, whom are routinely hiking premiums when their annual insurance contract ends. Back in 2015, two firms which are supposed to represent the needs of over 50's, Saga and Rias, received many customer complaints. The complaints accused Saga and Rias of taking advantage of older customers, who can be more trusting and less likely to shop around for new deals. "In one case, a driver’s …
Careline365 against new TV Licence proposals
Careline365 would like to voice our concerns regarding this week's news on plans to change the current TV licence scheme for the over 75s. There have been reports that the BBC is planning to try and persuade over 75's to give-up their free TV licence, either in voluntary terms or by changing the law completely in 2020. This comes following the broadcaster's decision to take on the costs of providing free TV licences from 2017 on-wards from the Government - with the clause that they can change the rules 2020. The BBC have now admitted that they are planning to ask volunteers …
Retirement home fees: ripping off the elderly?
An investigation by Britain's legal watchdog has found that hidden retirement home fees costing thousands of pounds are being imposed on elderly people. Pensioners are being hit with rip off charges when they are moving into residential care homes or closer to family. "In some cases, elderly people are losing £60,000 on a £200,000 property when they move house. The charges are also applied when an occupant dies and their family has to sell their house, or in other changes of circumstance, such as when a live-in carer moves in." - The Daily Mail You can read more from the Daily …
Care home market heading for a crash?
The BBC have reported that we could be seeing the care home market heading for a crash, due to large debts and government cuts. Although the number of beds have increased, the number of care homes has actually fallen by roughly 5%. It is the smaller care homes that seem to be most at risk and therefore closing their doors. Although there are very large care home providers such as; Four Seasons, Bupa, Care UK, Barchester and HC-1, they only control about a fifth of the market. Even these larger companies are struggling under debts as large as 50 million a year to …
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