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Ms Rosenbloom went on to discuss how some may opt to ensure their financial affairs are in order during their lifetime.
“Inheritance Tax continues to be a worry for many, particularly when the bill has to be settled within six months of a loved one s passing, she said. However, there are some quick and simple steps we can all take to ensure our financial affairs are in a better shape for any unexpected events. These include making a will to ensure the money goes where you want it to, making gifts to loved ones while still healthy enough to do so and making the most of government available tax reliefs.
Martin Lewis shares important update on fourth SEISS grant dailyrecord.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyrecord.co.uk Daily Mail and Mail on Sunday newspapers.
| UPDATED: 20:17, Wed, Jan 27, 2021
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Rishi Sunak has launched several measures to keep the economy afloat during the pandemic, with the Job Retention Scheme, Self-Employment Income Support Scheme and others being claimed by millions of struggling workers. However, while a vaccine may be on the horizon, coronavirus is still impacting the economy and as such, some experts are reviewing if the Chancellor will extend support or pull it back in the coming months.
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Rishi Sunak began launching several coronavirus themed support measures in March 2020, which stretched from mortgage holidays to Universal Credit boosts and beyond. Eventually, the Chancellor introduced the Job Retention Scheme and the Self-Employment Income Support Scheme which provide income to eligible workers.