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Tuesday, December 22, 2009

Governor Lingle Proposes Delaying State Tax Refund Checks


Don't bank on a quick state tax refund to make it through the spring.

The governor wants to hold on to your money for a little while to patch a budget gap.

Next year's tax refunds would be paid in July according to the governor's latest budget plan.

A sting to the counties could end up hitting your pocket too, if they have to make up for lost hotel tax.

When you file your taxes for 2009, expect to wait until july 2010 for any refund.

That's because the governor needs 275 million dollars from refunds to wait a bit before mailing out, in order to lapse into the next fiscal year on the state books

"Those funds will get back to people, they will get into the economy, they're not permanently take out, but that delay allows us to get through that 2010 budget crisis that we have right now," said Governor Lingle.

A crisis that's grown to a 1.2 billion dollar shortfall over just the rest of this fiscal year plus the next one.

We asked what about a crisis of a family's budget waiting on that money.

"This is a heads up that you need to start planning," said the Governor.

Monday, December 21, 2009

What about cash in hand?


It's illegal for your employer to pay you cash in hand without deducting tax and National Insurance contributions from your wages.

If you accept money in this way, you risk losing your employment rights and the right to some benefits, such as:

  • maternity or paternity leave
  • sick pay
  • Jobseeker's Allowance

In addition you could end up having to pay the tax and National Insurance contributions yourself.

Friday, December 4, 2009

14 companies participated in the days of career development in the HST














14 Bulgarian and international companies participated in the second forum "Career Development Day" in the
VTU St. Cyril and Methodius. The forum was organized by the Faculty of Philology and university career center. Participants in the forum are leading Bulgarian and international companies that offer training and employment of graduate students and young people who speak foreign languages.Our company was one of them.Objective was to unite efforts identify new opportunities for professional development, and assist employers in recruiting suitable staff. More than 500 graduates of VTU visited the forum.