Tax holiday


 

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Tax holiday

A reduced tax rate that a government provides as an inducement to foreign direct investment.



Tax holiday

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Payment holiday

Payment holiday

A short break from regular mortgage repayments, sometimes offered with flexible mortgages. This can sometimes be a useful feature for self-employed people or others with irregular income.


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A policy which covers the insured and usually his/her family for the duration of their holiday. Items covered normally include travel delays, unavoidable cancellation, baggage loss and damage, loss of personal items including cash and credit cards, personal accident and medical expenses abroad etc.




 
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