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Sale Deposit 1 Month?
We are likely to have > £100,000 from equity sale for our house and won’t complete on our new build purchase for 1-2 months. I’m thinking of maxing two premium bond accounts for the entire of Feb in the hope of some winning. Has anyone got a better idea for such a short time?
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Investing in Fund through limited company
What is the best platform to invest money from limited company into funds and shares. I have some money in my limited company which I want to invest for long term gain. I don't want to invest as pension. Grateful for any recommendation
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Stock Market Predictions 2024
Hello all, Does anyone want to make some predictions on what will happen in 2024? I know it's a fool's errand but just a bit of fun really! We can come back in a year and see if anyone was right! How will the following markets do? * Global * USA * UK * Emerging markets (India, China, Mexico)
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Cash isas
I now hold four cash isas. Three are mine in different places from different years and I is mine now after it was transferred over to me when my husband passed away. Can you confirm that as long as I only put my isa allowance into one of them during the tax year. Someone has told me I can only hold 1 isa.
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Premium Bonds down to 4.40% for March 2024 draw
From NSI website …
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Corporate bond returning 5%
Hi has anyone invested in a specific corporate bond of a good company returning around 5% a year? thinking of doing so in view of the bank fixed rates dropping in the near future. Grateful for any ideas.
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Anyone tried to open a Westbrom ISA?
I started the process online and they wanted me to send them certified proofs of ID, which I did about three weeks ago, but the account still isn't open. I rang them and they said they've been busy! Is it just me?!
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Equalisation for funds generating interest?
I have some funds in a GIA which I want to put into a money market fund (Royal London short term). The Inc. version pays interest twice a year. How is this treated for tax purposes? Is the first payment divided into taxable income for the period since purchase and non-taxable equalisation for the period before purchase,…
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Tax on interest
Usually I use another forum name, but using this name as personal issue. My husband receives a state
pension of £11217 and 2 smaller pensions of £3843, totalling £15.060 annually. Our son also pays us £2400
boarding each year. Not sure whether
this counts in taxable calculations. Although most savings are in
ISAs and…
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Can you close and reopen
Currently Principality has a fixed regular saver I no you can close early but can you reopen?
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Nationwide Triple Access ISA maturing
Hi My Mum has a Nationwide Triple Access Cash ISA which has a maturity date of 19 Jan. She received a letter saying that it will become an Instant Access ISA at the maturity date - obviously with a much lower interest rate. When it gives her the options of what other accounts she can open instead, the triple access ISA is…
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Safest place to invest
Sorry if it’s a stupid question so please be kind. I have most of my retirement money in a savings account with the post office I’m just wondering how safe it is, with all the negative press and they are bankrupt should I look at moving it.
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Best way to save money from house sale
Hi all, just a quick question, we have just sold our house and have around 80k left to put into some savings for now until we buy somewhere else. Probably be at least a year before we do, I've looked at a lot of different saving accounts but im currently a 40% tax earner so wondering if something like premium bonds will be…
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The bond/gilt market
There have been some interesting things come up in other threads so I thought I'd put something together for general discussion. In order to understand the stock market, it is incredibly useful to first understand the Bond market. Why should I understand bonds?Both bonds and stocks are two of the main investment option…
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Share save maturity
Share save maturity best course of action I've got a share save maturing in a few months, it's not huge amount projected to about 4k. Just trying to figure out my bets bet for my saving. My main idea is to transfer into stock and shares LISA to get the additional 1k bonus but not sure if that the right course of action end…
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Junior ISA
We decided early on that I should invest for the Grandkids through Mum's ISA since she did not use all her allowance every year, and would have some control over spending. It is doing ok and now I want to open a Junior ISA for both kids on a 10 year timescale with smaller amounts which would come in useful for university…
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Investment Advice??
Hi guys. I know a lot of people will be looking for the golden egg in terms of making money but all I’m after is some decent info or advice please. I’m not getting any younger and the fact I’m self employed I don’t really have a pension pot for retirement. I have two pensions going which are very small due to not paying…
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🤔 Financial Planner or No Financial Planner? 🤔
Hello All 👋 I recently met with a financial planner after only ever saving in standard current/reward accounts in my life (I’m in my early 30’s. They offered a 3% fee on investments. I’m currently saving around £2000 per month and have savings of about £150,000 that I want to do more with. I do need to spend about £70k of…
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best trust fund that allows transfer of ownership
Hi I'm after some advice, I've been tasked with setting up a child trust fund as my role as an executor for a deceased family member. my instructions are to set up the fund and deposit the inheritance. after that, I would like to transfer the ownership of the fund to the child's mother. I'm unable to just give the mother…
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Declare Dividend?
Hi, My wife currently earns around £9000 and will receive dividends of around £2500 next year, making a total income of around £11500. The dividends are above the dividend allowance but the total income is below the personal allowance. Will she need to declare the dividend income to HMRC? Thanks for your time.