Mortgage lenders have been required by the Government to offer mortgage payments holidays to those borrowers who are unable to meet the cost of their mortgage due to the coronavirus…
Business News
UK pensions hit record low due to pandemic
Data from the latest Moneyfacts UK Personal Pension Trends Treasury report has revealed that that the average pension fund saw its value fall by 15.2 per cent during the first three…
Claim the Self-Employment Income Support Scheme (SEISS)
HM Revenue & Customs (HMRC) will start contacting individuals who may be eligible for the Self-Employment Income Support Scheme (SEISS). The tax authority has said that from 4 May 2020…
Government reduces the penalty for Lifetime ISA withdrawals
With thousands of workers on lower incomes as a result of the coronavirus pandemic, it is not surprising that many individuals need to dip into savings to support themselves. Unfortunately,…
Payment of dividends during the Coronavirus outbreak
There are strict rules governing the circumstances in which a company may pay a dividend to its shareholders, some of which could affect directors’ income. Companies must have sufficient distributable…
Mortgage lenders limit new lending amid coronavirus measures
Several of the UK’s largest mortgage lenders have restricted the number of products they are offering to those with larger deposits. Nationwide has said that it will now only offer…
Looking to retire? – The Impact of Coronavirus on pension drawdown
Those still working are likely to be concerned about their current finances due to the impact of the Coronavirus pandemic, but experts are warning that those planning to retire soon…
Coronavirus – Your personal finances
The ongoing COVID-19 pandemic is having a significant impact on all aspect of individual’s lives, not least their personal finances. To help you make sense of the current situation, we…
Take care – Coronavirus fraud on the rise
The Government has issued fresh warnings to members of the public about the potential for fraud related to the Coronavirus pandemic. Local authorities, police forces and specialist fraud organisations across…
MT Financial Management Coronavirus Precautions
We are committed to containing and delaying the spread of Coronavirus in the UK and so have taken steps now that this virus has become more widespread. Our duty of…
© MT Financial Management. All rights reserved. |