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How to work out how much interest?
Hi..I have 115k in N rock.....am I correct in thinking [EMAIL="that...@6%pa..I"]that...at 6%pa..Gross..I[/EMAIL] should recieve £6,900 after 1yr.?..or is this taxed...and at what rate? ta ian Ps...standard rate tax payer..
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Bradford and Bingley 1yr e-bond
I was looking at the Bradford and Bingley 1 yr e-bond which is paying a very decent 6.60% gross. http://www.bradford-bingley.co.uk/savings/product/1-year-fixed-rate-ebond-issue28.asp One thing that struck me was that it sounds like there is absolutely no way to access your money until the year is up, even with a loss of x…
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HSBC quidco bonus refused
have just heard from quidco that HSBC have refused to pay the £20 bonus for opening a savings account back in January. have put a complaint into HSBC - we shall see what happens. anybody else had the same experience ? thanks .. Mike
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Abbey!
Closed my 50+ savings account, which took about a week because they said they had IT problems!!! and that they couldn't work out my interest up to that date but would post a cheque to me once the IT problem was solved. this was over two weeks ago and no cheque! I had quite alot in there so the interest should be quite…
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capital gains & Investments
I was toying with the idea of buying some investments with this years ISA allowance. Would I be right in the following? Capital gains tax allowance is currently £9600 for the 2008-2009 tax year. Say I had Invested in a fund (not using the ISA) and decided to cash them in - and they earnt £5000 profit. Assumming my CGT…
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8% Fixed rate bond from Skippy ?
Had a cold call from Skipton this afternoon enquiring if a recent transaction that I had made had gone smoothly. After the initial banter, they enquired if I might be interested in another a/c. which has been/is about to be launched. The basic details are as follows, M.O.B. £7200, Fixed rate 8% gross, Term 5 and a half…
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HBOS to Sainsbury's - transfers not working now.
Since HBOS introduced its new payment and transfer system my son and I have been unable to transfer to Sainsbury's accounts as we get an error message after pressing the submit button. It says, "Sorry we cannot complete your request at this time. Please try again later" We tried setting up a new transfer and now cannot put…
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What if HBOS Goes Ahead with a Right Issue?
All I have a lot of HBOS shares. Apologies for my niavity but: What's your view on the impact on the current share price in the short term and long term? Will it fall quite a bit tomorrow or rise?
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What does HMRC mean with this 10% savings rate?
Hi ya, I have little savings, most of it is in pension/ISA wrappers. I'm perplexed with this statement from IR. Can someone who understands it explain it to me please? Thanks! * There will be a new 10% starting rate for savings income only, with a limit of £2320. If an individual’s taxable non-savings income is above this…
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need help and advice on bank accounts
Hey! thanks for taking the time to help! I am currently wanting to get my money sorted, at the moment i have an overdraft of 100£ ish, i went over this by 30 pounds in total... one by 67 p! then another by 6.00 etc and now owe £210 ish!!! what a ripoff! anyways i am wanting to pay this money off which shouldn't be all that…
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West Brom Star Easy Access Rate Drop
People might already know but the rate has been dropped today by .35% to 6.20 http://www.westbrom.co.uk/westbrom/savings.product?id=3484&category=32
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change from lloyds online saver to first direct offset?
ive currently got about £7,000 in my lloyds online saver account and am considering swiching it into the First Direct offset saver where the interest in taken off your mortgage, as a higher tax payer its something like 10.47% I think. Is it worth doing this as I have an offset mortgage with FD for £110,000 fixed for the…
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RBS Rights Issue
Ive an online sharedealing account with Halifax and hold RBS shares, nothing listed in Corporate Actions section. Should I be concerned?
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Married folk - use BOTH tax allowances
I'm looking for confirmation of this tax-efficient tactic, which may be beneficial to other married couples. Situation - Over 65 and married. Income sources - Self, Company and State pensions, some capital yielding £2000 annual interest, and cash-only ISA's. Wife - not yet of pension age, income NIL, plus cash-only ISA's.…
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Northern Rock Savings Rates Reducing By Up to 0.35% W.E.F 7th May
https://www.emoneyfacts.co.uk/news/savings-news.aspx?newsarticleid=170510 TRACKER ONLINE: 5.74% (-0.26%). SILVER SAVINGS: 5.01% (-0.35%).( A.E.R rate will be higher, 5.14% perhaps ) ;) BRANCH SAVER: 4.90% (-0.35%) Before the usual suspects moan about Silver Savings rate being reduced by 0.35%, they opened their accounts…
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Ishares Ftse Uk Dividend Plus Shares
Hi all, In January 2007 and in a moment of (probable) stupidity I purchased some IShares FTSE UK Dividend Plus Shares. I've watched their value drop ever since....they've now lost about 24%. Any ideas please? They're currently worth around £2.3K. Hold out for the long term or cut n' run, and put it down to experience?…
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Halifax regular Saver
Can I just check this point from their website "Set up a monthly standing order from your bank account - you can make other deposits* too, as long as the total per month doesn’t exceed £250 " does this mean that if I had a standing order for £100 per month I can transfer in upto £150 from elsewhere each month to make up…
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Retiring - "Final Salary" PENSION ALERT
I retired early, aged 57, after 30+ years service, on a "final salary" Company pension, index-linked to inflation with a "cap" of 5%. No problem, till I became 65 - I received annual "inflation" increases in full, each November. (31 years equated to 51% of final salary - 40 years would have been 66%). At age 65, I find…
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Help- First time investing in stocks and shares
Hi I have just started to investing in stocks and shares, I have put in £3000 across a few different funds. I did a bit of research first and came up with this Allianz RCM BRIC Stars Fund- 20% Gartmore China Opportunities Fund- 20% JPM Natural Resources Fund- 20% Jupiter Emerging European Opportunities- 20% New Star…
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Tax
Newbie First Post, My father is giving me a lump sum (20K) as im going to be starting to build a house in the next 6 Months, Im self employed was wondering whats the best thing to do with this money, if i stick it in my own current acount will i be taxed on it. I have an isa which is max. for this year. any advice…
