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where to put money for between 6-12 months?
I'd appreciate any advice - 50k that'll be used as a house deposit at some point, where should I put it in the short term to avoid paying tax?
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capital gain calcs
Hi, my query relates to deductible costs. I have had a look at hmrc manuals anc cannot find an answer. I know broker costs, say for example HL, can be deducted, however how about stamp duty and currency conversion fees. Also in the case of something like CTY, would I be able to deduct their fee on top of the broker's fees?…
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Forex trading college- any experiences?
I really want to be proved wrong on this but will welcome any personal experiences. My husband has signed up, by "signed up"I mean paid £1000, to do a virtual course with the end game of being able to have a side hustle in trading. We have no experience of this and from briefly talking about it with him and looking at the…
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TSB monthly saver
Had a monthly saver matured 04 Feb tried today to open new account but got message saying you don't qualify as you already have one anybody have the same issue
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Minimum Hargreaves Lansdowne SIPP amount ?
Hi all, can anyone tell me the minimum amount I can leave in a Hargreaves Lansdowne SIPP to prevent closure by HL ?
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Income Tax on Vanguard Lifestrategy account question
Hi, can't believe I've never really thought about this before but here goes! We invested about £35K in a VLS 60 account (not as part of an ISA) back in 2020. Since then the markets have been a bit all over the place, the value of our fund increased by about £5K in the first year, fell back to break even and has recently…
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Interest allowance
Hi, The situation is i'm an additional rate tax payer with no savings interest allowance and my wife is self employed with typical earnings of around £6k on her tax return each year. As I can't earn tax free interest we typically move any spare cash into savings accounts in my wife's name once ISA's are maxed for the year.…
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British ISA
It looks like we will have an extra 5k ISA allowance some time soon. If this is supposed to encourage UK investment will it work? I dumped my UK funds for global after the referendum and the result since has been very much better than the original. The only UK fund I have left is Evenload Income which I kept just because I…
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Accrued Interest on Gilt Purchases - When to report
Hey everyone, I made my first foray into Gilts fairly recently, like I'm sure many people did. One of my Gilts, TN24 matured recently, and hence when compiling my next tax return I'll need to add some information on this.. * I'm aware I need to add the coupons from the Gilt, as interest income. * I'm aware I'll need to…
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Confused by savings and tax
I put 30k into the santander easy access account that was raved about last year and so far have earned £900 in interest. Its paid monthly, but after watching the show the other night, realised I'm taxed on savings after about £1100 odds interest. So I opened a chips cash isa last night. I'm clueless about money first and…
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Amazon RSU stock award - can i gift?
Was enquiring if anyone knows if on vest you can gift to someone else, say partner, to avoid tax and implications? im basically hoping we can have shares vest and gift to someone else for them to sell and pay tax on vs the higher rate tax payer? Thats basic goal here - can anyone tel me how possible this is? Thanks
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Importing Fund Price into Google Sheets
Hi, I have a spreadsheet on google sheets which imports different fund prices in, it has worked fine until recently. Unfortunately I now get a #REF error which tells me to use the desktop version of the ft site where I am pulling the prices from. I am on an Acer Chromebook and seem unable to rectify it. Has anyone else had…
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Tax on Savings
This year my interest on my savings will be c£3k and my wife a little less. We are both retired and our individual income is below £12570 I have read that we get an extra £5k tax free savings allowance as our individual incomes from occupational pensions is below £17.5k. Do we have to claim for this etc or will no tax be…
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Trading212 5.2% APY
Trading212 now offers 5.2% APY interest on uninvested cash in their trading accounts, with instant access. Shortly they are going to launch a debit card linked to this account, allowing the account to effectively be used as a current account with 0.5% cashback on all purchases. It will also allow foreign currency debit…
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Vanguard life strategy 20% equity Gross accumulation Fund
Is there any hope in the future that this fund will return to profit?is it worth hanging on to find out? any help advice appreciated
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Why is copy trading dismissed by so many investors?
About two years ago I set up a virtual portfolio on etoro. I virtually invested £1300 with a copy trader to see how it would perform. It has risen over 3000% and I would have made over £30,000. So obviously I wish I'd actually done it in my real portfolio! Did I just strike very lucky with my copying selection/entry date…
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ISA Rules
I understand that currently we are limited to purchasing one new Cash ISA every year up to the value of £20,000. My question is that Is it also permissible to continue with existing Fixed Term ISA'S as well if they have matured in that same Tax year by taking out another similar Fixed Term Cash ISA product, either with the…
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Inflation and stock prices
Hi, was just discussing this with neighbour; seems a logic assumption but I bet it's more complicated .... Over the last 2 years of inflation prices have risen by about 20%. Is it reasonable to assume that over an period of time that this 20% would be reflected in stock valuations. I know there are lots of factors involved…
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ISAs vs High Interest Savings Account
I was wondering if anyone could offer some advice. I have recently retired and would like to make interest on my savings with no risk. I have been looking at this site and from what I can see the only benefit to an ISA is that there is no tax on the interest. I don't pay tax on my pension so this isn't an issue. I can see…
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Lloyds and crediting of interest
My husband is banking with Lloyds Offshore (we are in CI) - we have a savings account at 4.5% which is critical for us at present - interest is supposed to be credited on 9th of each month but we often find it does not go in until 11.59 that day. As 9th was a Saturday this month, we expected it to be credited latest when…