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| UPDATED: 20:10, Tue, Feb 23, 2021
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The Chancellor s March Budget will be the start of sprawling austerity measures across the nation, Express.co.uk was told. Mr Sunak s announcement is tipped to be one of the most closely watched in a generation. It comes as the country grapples with the economic fallout as a result of the coronavirus pandemic.
Those who are usually set to receive their payment on this date can also expect an earlier payment.
December 24, once again, is the all-important date to bear in mind when it comes to a state pension payment this Christmas.
In the following week, there is also another bank holiday to reckon with - New Year’s Day, which also falls on a Friday.
Once again, pensioners who are expecting payment on this day will see this slightly disrupted.
State Pension UK: What is State Pension? (Image: EXPRESS)
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But, like Christmas, these individuals can expect an earlier payment, with the sum due to arrive on December 31.
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Inheritance tax (IHT) and other costs frequently arise when it comes to bereavement, and for the person who is in charge of an estate, these are vital to understand. In order to deal with someone’s estate, Britons will need to apply for a grant of probate - a legal document confirming the executor of a will has the authority to deal with assets. However, what is worth noting is that there are important costs to consider, particularly as the time to deal with probate can sometimes be lengthy due to COVID-19.
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The Stamp Duty Holiday was implemented by the Chancellor Rishi Sunak as a way of offering a financial helping hand amid the COVID-19 pandemic. Usually, the Stamp Duty Land Tax (SDLT) is applicable in England and Northern Ireland, and must be paid on property or land which is over a particular price. To alleviate a financial challenge for homebuyers, Mr Sunak has set the threshold at £500,000, but only until March 31, 2021.