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Last Updated: Friday, 4 March, 2005, 18:25 GMT
Call for action on stamp duty
Raise the Roof campaigners on the way to Downing street
Paul Lewis joined the campaign bus on its way to Downing Street
BBC Radio 4's Money Box was broadcast on Saturday, 5 March, 2005, at 1204 GMT.

The programme was repeated on Sunday, 6 March, 2005, at 2102 GMT.

Pressure is growing on the government to reduce the effect stamp duty land tax is having on first-time buyers.

The West Bromwich Building Society delivered a petition to the chancellor on Thursday, asking for the threshold at which Stamp Duty Land Tax must be paid to be raised from 60,000 to 150,000.

The building society's campaign has collected 23,000 signatures so far and has attracted growing parliamentary and industry support.

Paul Lewis joined the campaign bus on its way to 11 Downing Street, to speak to Andrew Messenger, Chief Executive of the West Bromwich Building Society.

And he spoke to Stephen McGrady, Head of Stamp Taxes at accountants KPMG about the prospects for change.

Further information:

Tax credit recovery causes 'hardship'

Concerns are growing about the effect of recovering tax credit overpayments from poorer families.

Millions of families have been helped by the new tax credits, but in some cases overpayments have been made either because of a mistake by the Inland Revenue, or after a change in family circumstances.

New guidance has just been published by Citizens Advice, which said it has dealt with thousands of cases which have resulted from mistakes by the Revenue.

The charity said subsequent attempts to get the payments back have left families distressed, confused and in financial hardship.

We spoke to Katie Lane, Social Policy Officer at Citizens Advice, about the problem.

Further information:

Fixing credit history errors

Sarah Parfitt has been investigating what happens when information held by a credit reference agency turns out to be wrong.

And she asked who is responsible for amending your credit record if a mistake has been made.

Further information:

Call for action on consumer debt

Banks should assess if a customer can afford to repay a loan before agreeing to lend to them, a new report has said.

It claims a million households have so much debt that they cannot afford to repay the loans out of their available income.

The report calls on the banks to share data with each other and says if they lend money without these precautions they should not be able to recover the debt through the courts.

We spoke to report author Antony Elliott.

Further information:

Winter fuel deadline approaches

The Winter Fuel Payment is paid automatically to nearly 12 million people.

But someone aged 60 to 64 who does not get a state pension may not be known to the government and they will not get the 200 payment unless they claim it.

So anyone over 60 who has not had the payment this winter should put in a claim by the deadline 30 March.

The payment is tax-free and does not affect means-tested benefits.

Further information:

Presenter: Paul Lewis
Producer: Jessica Dunbar
Reporter: Sarah Parfitt

Money Box



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04 Mar 05 |  Moneybox


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