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Advice for my parents please
My parents have £50000 lump sum from my fathers pension to invest. They don't need instant access to the capital but need the interest paid monthly to supplement their income. It's currently in a LloydsTSB savings account fixed for a year and they will be able to move it soon. Would you suggest putting some of this in an…
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Stocks/Shares Question!
Hey, I am 16 years old and I have about 3K to invest in a company and try and make some profit in a long-term period or even short-term period. I was wanting to know how old do you have to be to buy shares/stocks in a company and how? Thanks Amit
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Best High Interest account for saving up corporation tax?
Hi We are a new limited company and have a business current account. We want to take advantage of the delay in paying corporation tax and save it up in a high interest account - any ideas? We think it will be about £10.000. Thank you.
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Moving a PEP to ISA manager and exiting L&G Fixed Interest?
My wife has a large holding in "L&G Fixed Interest" trust which has a pretty lousy track record relative to the sector especially in the last 4 years or so. Don't think it's ever struggled above the 3rd quartile for the sector in that period. Overall I don't think it's ever got near the base rate. Aside from the crunch and…
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Need to raise cash - should I use ISA money or remortgage?
Hi I need to raise £20K for medical treatment. My question is do I take this from my ISA (currently £30K) or should I remortgage - I have a lot of equity in the house. The dilemma arises because my partner is unemployed and I am 2 years self employed and I don't know whether it's better to have some spare cash in case of…
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Income Tax Question
With UK income tax dropping to 20% for everyone from tomorrow will you be better off? Just a few questions: For example say I earn 25K per year currently was all that amount taxed at 22%? or was the first 8k taxed at 10% then the following 17k at 22%. I just really want to under know if I will pay less tax in next months…
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Claiming back tax paid on interest
We have our savings in my wife's name as she doesn't use her tax allowance. She is currently registered for gross interest but, unless the house purchase goes through super quickly, she will go past the tax allowance for 2008/2009 in about two weeks, so needs to de-register and get the interest paid net. Assuming the house…
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Alliance & Leicester Premium Regular Saver - Rip off?
I joined this last year. The gross interest rate was 10%. The net being 9.2 (or 9.6) I cant remember specifically. I put £250 a month aside and it matured yesterday. I only received £110.03 interest though. That cant be right can it? :eek:
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Best forex company to transfer 100k to Euros
I am looking within the next couple of weeks or so,to complete on a Spanish property.I realise that the rate is poor at this time, but I cannot alter that! I spoke to Hargreaves Lansdown, who said that to convert from £100,000 to Euros, would cost me 0.65% off the commercial rate. I put the same question to HIFX, who had a…
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Advice pls - when in month to make withdrawal?
Good evening, I have a large amount in an A&L Direct Saver a/c and want to spilt this into two or three separate accounts , as per the £35,000 guideline. So I need to make a withdrawl from this a/c. I have the usual 'no interest in the month a withdrawal is made' penalty on A&L a/c - is there a 'best' time in the month to…
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Skipton Building Society Spring Bond & ISA ?
My mum went into the Skipton Building Society today andwas told that they have a limited Spring Bond at 6.50% for 18 months, is this good as far as rates go for fixed bonds ?:confused: She was also told that they have a Fixed Rate Isa at 6.26% but was not sure how long it was fixed for ?, anybody have any ideas ?:confused:
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The best money saving tip I can offer
Don't have a flutter on my National fancy Bewley's Berry tomorrow afternoon. With my recent track record, that may save some of you a few pence (or quid, or grand)! ;)
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is there a set time that annual interest rates go into accounts?
or does it depent when you opened the account?
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Tesco Savings Stamps
can anyone tell me how these work and can I get points? :confused:
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Skipton BS 6.50% Fix 18 Month Term ( 6.54% A.E.R)
Skippys Easter Fixed Rate offering was withdrawn before easter. :beer: http://www.skipton.co.uk/savings_and_investments/bonds/spring_bond/ Monthly Interest available Min 500.00
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EGG 5 Year Garunteed bond?
http://new.egg.com/visitor/0,,3_101420--View_2141,00.html Any view on this product? surly there is some sort of catch... even if the ftse 100 is 1% above where it is when u buy in 5 years u get back 45%? too good to be true?
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Lump Sum - where to put?
Hello Im very new here! Ive been scouring old posts and FAQ's to try and find an answer to my question - but i don't seem to find it.... i promise im not lazy. I could spend hours on here... but having 2 year old triplets limits my time. So can anyone advice me for free? I will soon have a lump sum which i will need to…
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Inherited Shares question
Hiya Just a quickie question (might be a very silly one I'm afraid) - Firstly please excuse my total ignorance.:o My oh has inherited a number of shares from a relative & we don't know anything about shares - is the value quoted in papers etc in pence eg one of the values is 1215 does that mean they are worth that in…
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Kaupthing Edge: possible to credit account even from unliked accounts
Despite what was said on this forum, I called customer service today (spoke to someone after around 1 minute), it is possible to credit the kaupthing edge account from any other accounts, as long as they are in the name of the account holder. FYI: * I signed online for a new account on Friday 28/03 * received an email…
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Childrens savings accounts
Hi can anybody tell me the best childrens savings accounts that are available. My children are 5 and 2 and are currently with lloyds bank. They get hardly any interest but only have a few hundred pounds in their bank accounts. Is there a better account to switch to for them where i still have control. Cheers hayley
