Total Books Covid 19 - personal finances article from CARDIFF personal tax advisors

The coronavirus pandemic has left us worrying about our finances as well as health. Below is a guide of numerous places that are helping with our day to day outgoings. if you need any further help please contact total books directly. ? Complete a personal budgetlink here. https://tools.nationaldebtline.org/yourbudget/ Stop non urgent costs & reduce urgent costs. ? Three-month mortgage payment holidays are available for those who are struggling ? Loans & credit cards – Offering a three-month payment holiday. ? Car finance three months payment holiday is available ? Bank overdrafts the first £500 is interest free if you are struggling ? Savings and investments banks have eased the facility to withdraw against locked savings accounts. ? Lifetime ISA, early withdrawal the penalty has dropped from 25% to 20%. ? Rent evictions are frozen for three months if you cannot afford to pay your rent speak to your landlord directly. ? Energy bill providers for electricity and gas have set up payment Holidays speak to your energy provider directly. ? Broadband and TV companies such as BT, Sky, Vodafone are being given support around their subscription where payment Holidays are also being offered. ? Council tax paused payments please speak to your local council directly. ? Water rates again are offering payment holidays please speak to them directly. ? Home insurance and car insurance companies are offering paused subscriptions and payment holidays please speak to them directly. ? Students loans being paid as normal. Please speak to your university if you require a hardship fund grant. ? MOT 6-month Grace for taxing your car. ? Cashback sites. If you have any built up cashback, we advise you withdraw this. ? If you are a landlord speak to your tenants directly to arrange payment plans. For further help Book a call with Total Books on 02920 026505