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Wealth Knowledge – December 2020
- 4th December 2020
- Posted by: shayne
- Category: Wealth Knowledge
No CommentsMortgage payment holidays extended for up to six months Mortgage payment breaks have been extended for homeowners who are being financially affected by the ongoing pandemic. The announcement was made on 31 October 2020, the same day as the scheme was due to end after an initial six months. Borrowers who have not yet had
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How to shield income from taxation
- 3rd December 2020
- Posted by: shayne
- Category: Tax
Tax planning tips to keep more of your income. “How can I legitimately reduce my tax bill” or “how can I keep more of my income” are two similar questions we get asked fairly regularly, often by clients who seek to validate how they are managing their finances. With recent governments cracking down on tax
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Could interest rates turn negative?
- 1st December 2020
- Posted by: shayne
- Category: Interest Rates
What would a negative interest rate mean for your money? In a year of firsts for many of us, the Bank of England (BoE) has mooted a first of its own: they have asked the banks if they are operationally ready for negative interest rates. That is, banks, and by extension those that save with