Bank account closures coming

| Personal Allowance changes |

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 Welcome to Express Money As December draws to a close, the end of the Brexit transition period is just a matter of days away. This week, Britons have been warned that thousands may face bank account closures in the near future, and in our first story, we look at why – and who may be affected.A no doubt very different Christmas will be had this year, however the string of bank holidays may provide free time – for some anyway – to put personal finances under the spotlight. The prospect of financial New Year’s Resolutions are something which a number of experts have addressed, with some taking the opportunity to urge savers to utilise their ISA and pension allowances. It comes as the UK awaits the Spring Budget in March next year. What will be announced is unknown, but according to one expert, tax rises are “pretty much nailed on” for 2021. Read more about what they said by clicking the fifth article below.For those who are setting a budget for the year ahead, changes which will come into place in the new tax year – which begins on April 6, 2021 – will no doubt be of interest. In our second story in the list below, we look at how the National Living Wage age threshold, and rate, will alter in April 2021, and the third item on the list explains the impact of the upcoming Personal Allowance rise.

Published by technofiend1

Kazan- Kazan National Research Technical University Казанский национальный исследовательский технический университет имени А. Н. Туполева he graduated in Economics in 1982

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