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Confirming if following 'income' are taxable
Hi, happy new year everyone. I'm an international student here in the UK, studying a course of 6 yrs. I'm sponsored by my home government, so my main 'income' is from them - a sort of living allowance. Then there are occasional gifts from my parents to me. I wonder is the R85 form appropriate for me in this case (are my…
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How much interest??
Can someone tell me please, if i have an account with an interest rate of 6% gross and 5.75aer, over a year how much interest will I actually recieve if it is paid yearly? Is it £10,000 x 6% = 600 or £10,000 x 5.75% = 575 Thanks
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Bank Transfer
How long does it take if i transfer money from one bank to another?
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Regular saver or standard saving accounts
Hi everyone, I have read Martin's suggestions as to where to put your savings but I'm still unsure about whether I should open a Regular saver account. At the moment I have an ISA with A&L at 6.05% in which I have put my full allowance for the year; I also have a standard saving account with Sainsbury at 6% with about £21…
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Pensioner savings
My mum receives state pension and no other income. She has £1100 she wishes to place in a savings account with the ability to add small ad-hoc amounts through the year. Suggestions for the best option - a cash ISA perhaps?
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AA interest rates - take care!
Following MSE's excellent article on savings, last month my wife and I opened accounts with ICICI and the AA and Icesave. The AA were very slow at all stages (only one to insist on posting ID - all the rest did things electronically) and it took around 3 weeks from applying to getting the account set up. This was the AA…
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barclays 10% reg saver.....
hi guys, i opened one of these last january. can anyone tell me when it will 'mature'.....will it be the exact date that i opened it last year i.e 26th jan cheers
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college fund
hi folks currently have 2 kids aged 13 & 11 and would like to have wee nestegg aside for college/uni. started a 10-20 year plan about 12 years ago but only for £20/month and is doing v badly. worked out all the £20's put in and over all has made v littel profit. If I cash it in now will get about £3000 and am trying to see…
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A&L DirectSaver underpaying interest?
Firstly, I know it is sad, but I have to admit that I have an excel spreadsheet of my savings which calculates the interest that is being earned. When A&L changed their rate on the DirectSaver account last August to 6.3% AER I worked out that this equated to 6.13% gross per month, and for that month my calculation of the…
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Best Place To Buy £500/1000 ETF? Selftrade?
Hi All, I'm looking for the best way to buy either £500 or £1000 worth of an ETF (specifically FAIG - ETFS Forward All Commodities). Becuase of the low amount and the fact that I don't have any other investments, I don't think it needs to go in an ISA. Also because I might want to buy some funds soon, and will probably put…
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Cash in Maxi ISA for a clean slate ???
I'd be greatful for peoples opinions for my current conundrum.......... Through childcare costs etc we have accrued about £10k of personal debt (this was all expected and calculated for in the last three years as my wife has stayed working full-time and has now benefited from promotion and now the childcare fees have…
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Minimum amount for investing in shares?
Hello everyone, As the subject says I am interested in finding out what you would normally recommend as the minimum for investing in shares directly.I have invested in a couple of funds recently and would like to step into shares as well.I do not want to invest more than £2000 at a time since that's pretty much the maximum…
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Alliance & Leicester eSaver
Hi all, I am emmegrating for at least a couple of years, and we will have a bit of money from our house sale which we would like to keep in the UK, but every now and again probably dip into. We have been looking at the Alliance and Leicester eSavers account. It sounds easy enough, we probably wouldn't take money out more…
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british gas / centrica / shares
Hi there, some help please I purchased british gas shares when they were first floated on the market, I have since been sent centrica shares and national grid shares, were these to replace the british gas shares, or do I now own all three?
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ICICI User iD expired
I opened an account with ICICI back in April 2007 with just £1 . After the account was opened I tried to transfer £25k but their system kept coming up with error messages . They took a while to give me a non-committal reply so I decided not to invest for a while . Today I went to logon and received an error message saying…
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Best Funds in 2007/Predictions for 2008
Interesting article from thisismoney giving the lowdown on the winners and losers for 2007, plus predictions for what and what not to invest in for 2008: http://www.thisismoney.co.uk/investing/article.html?in_article_id=428290&in_page_id=166 It's all so easy with the benefit of 20/20 hindsight;) .
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Paying tax on interest from savings.
Just wondered if anyone knows if I need to pay tax on interest earnt on savings? I am currently on an extended leave of absence from work following maternity leave. My maternity pay has currently run out and I am recieving no pay at all and will not recieve any until next September. Do I still have to pay tax on interest…
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How to invest £10k best? Help
Hi I have just come into a little bit of money - just under £10k and need to invest it. I do not want to take any risks! Can any one please give me some advice? on what to do Thanks
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Carpetbagging - is it worth it?
As someone who holds accounts with several building societies, which I've held since 1997, I would like to know if anyone here feels its worth keeping the £1000 or so I have in these accounts. After all, it could be earning interest elsewhere, and I've not heard of any building society windfalls for a very very long time…
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Good old NatWest
At the end of January last year I went into my local branch and told them I was giving them due notice to close an account I had with them as the interest rate was so poor (90 day account).Did whatever was necessary at the time. At the end of April I went in again to finalize the account and had the money transferred to my…
