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Interest relief on mortgage in 2020 – who is entitled and how to calculate it?

From January to the end of April there is a period in Poland for tax settlements PIT and CIT. Therefore, millions of Poles settle the tax with respect to personal income tax or corporate income tax. They can take advantage of numerous tax optimization concessions. If they have a mortgage, they can take advantage of the interest relief once they meet the additional requirements. What is How to use it in your annual tax return? What is the interest relief? The catalog of tax breaks lists the tax breaks and preferences that the taxpayer can use for settlements with the...
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Credit extortion and criminal liability

Taking an online cash loan is a complex process that does not end with completing the form online. It is also necessary to prevail to present a certificate of our earnings or conduct a telephone conversation with a consultant, and even carry out a verification transfer. This issue looks a bit different in the case of online loans, e.g. popular payday loans, which do not require so many formalities to be granted. In most cases, you will only need your ID card, and this may already create more space for cheaters. Credit extortion and criminal liability What is the risk...
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Real estate loan buy-back: after how long?

    The question is simple: after how long can you get a mortgage buyout? Here is our response. Credit repurchase: how long on average? There are no official statistics on the deadlines concerning the progress of a credit consolidation operation. Simply put, we find within banks and intermediaries in banking operations that we can obtain a repurchase of its credits as quickly as 11 days (repurchase of consumer loans without guarantee) and at most after 101 days (repurchase mortgage loan). The presence of a guarantee is important since it significantly lengthens the time for setting up loan repurchases. Home...