Savers facing negative interest rates should get tax reliefs

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HMRC and the Government need to start thinking about the likely prospect of negative interest rates and introduce new legislation to provide savers with relief for charges they could face, say leading tax and advisory firm Blick Rothenberg. Nimes Shah, CEO at the firm said: “ It should be a simple change for the Government as they can allow a deduction for negative interest rate charges against a…

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