This trendy tax play is making its way to financial advisors

A hot tax-advantaged opportunity is making the rounds among financial advisors.Just make sure you don't overlook the risks.The Tax Cuts and Jobs Act, which went into effect in 2018, established so-called qualified opportunity...

‘I worked for a payday lender but now I’m a comic book artist’

Name: Rees FinlayAge: 27Income: £10,000-£15,000Occupation: Comic book artist and publisher, Coventry It was an ex-partner who got me into payday lending. I’d spent two years after leaving school on the minimum wage working in...

Universal Credit payments could be stopped if you don’t do this one thing straight...

It may be that a person is able to receive Universal Credit if they are on a low income or they are out of work. The benefits system is replacing six legacy benefits,...

Plumbing the depths: my long battle over a bathroom leak bill

It was a beautiful spring day as I sat outside a riverside pub catching up with a friend. While she went in to check progress on our food order, I ran my eye...

Transmission of rate cuts improving; expected to improve further: RBI Governor Shaktikanta Das

A customary post-budget meeting of Central Board of Directors' Reserve Bank of India (RBI) was held in Delhi on Saturday. The meeting was attended by Finance Minister Nirmala Sitharaman, RBI Governor Shaktikanta Das, MoS...

Do you have enough insurance? Use this thumb rule to find out

By Ajit Menon The most important question to address while creating a financial plan is that if something untoward was to happen to an earning member of the family what happens to the goals,...

YONO largest consumer platform after e-commerce companies, says SBI Chief

MUMBAI: SBI’s digital banking platform YONO is the largest consumer platform outside of the ecommerce companies in India, according to its chairman, Rajnish Kumar. “Today, outside the ecommerce players, we are the largest ecommerce...

ATM operators seek higher fees on withdrawals

Mumbai: India’s ATM operators’ association has written to the Reserve Bank of India (RBI) seeking a hike in the interchange fee paid by customers on cash withdrawals, saying their businesses will “bleed.” This...

State pension warning: 1950s women lose out on full £168 because of National Insurance

The state pension age for men and women is currently 65 but will increase to 66 by October 2020. The pension age will then rise to 67 between 2026 and 2028. While the...

How to use a 2020 income tax refund check in spending and saving decisions

Many Americans seem to be addicted to income tax refunds, even though financial planners often advise having less tax withheld from your pay throughout the year as the better way to manage your...

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