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Where Taxpayers and Advisers Meet
Savings Gateway accounts
08/01/2010, by Sarah Laing, Tax News - Income Tax
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Regulations have been made, which allow for the commencement of the new Savings Gateway accounts.

The Saving Gateway Accounts Act 2009 (Commencement No. 1) Order 2009 (SI 2009/3332) names 1 January 2010 as the appointed day for the entering into force of various sections of the Saving Gateway Accounts Act 2009.

The Savings Gateway is a cash savings scheme designed to promote saving for working age people on lower incomes. The Government will contribute 50p for each pound that account holders save in the scheme.

About The Author

Sarah Laing
Editor, TaxationWeb News

Sarah is a Chartered Tax Adviser. She has been writing professionally since joining CCH Editions in 1998 as a Senior Technical Editor, contributing to a range of highly regarded publications including the British Tax Reporter, Taxes - The Weekly Tax News, the Red & Green legislation volumes, Hardman's, International Tax Agreements and many others. She became Publishing Manager for the tax and accounting portfolio in 2001 and later went on to help run CCH Seminars (including ABG Courses and Conferences).

Sarah originally worked for the Inland Revenue in Newbury and Swindon Tax Offices, before moving out into practice in 1991. She has worked for both small and Big 5 firms. She now works as a freelance author providing technical writing services for the tax and accountancy profession.

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