-
will my wife pay any tax?
i am sure this question will sound very daft to many experts here but i really would like to know the answer. i ma a high tax payer and i have got a saving account. a friend of mine suggested that i transfer all my savings into a new account in my wife's name as she does not work (housewife). my question is will she have…
-
Alliance & Leicester Esaver closing problem
Two weeks ago i phoned Alliance & Leicester up to close an esaver account i have held for about a year as the interest rate is now rubbish. I asked for the balance to be transferred to my recently opened a&l premier current account but the woman on the phone said it would have to be sent to my nominated account which is my…
-
Abbey now giving me 0.01 percent on biz a/c
AMAZING... Abbey has just spent the money on a first class stamp (plus stationery and admin) to write to give me the great news that interest rates on my business account are now 0.01%. This means that if I keep £100 in my account for 12 months, they generously give me ONE PENNY. Or £1000 I get 10 pence. £10,000 I get a…
-
Sorry I am here again....Help!!
Hi All! Signed up to the AA 1yr bond and just got conformation email and I am a bit concerned as I don't understand the following :confused: Please be aware these are limited issue bonds and can be withdrawn at any time. I thought it would sat bonds CAN NOT be withdrawn!! PLease help! Sara x
-
National Savings, how much is it worth now?
Hello! Recently came across a 'Children's Bonus Bond' and just curious how much it is worth as of today. I tried phoning National Savings but they said I had to write a letter and request the information & stamps are expensive! Details: Purchased - 20th August 1991 for £100. 20th August 1996 worth £175 20th August 2001…
-
Saving For 6 Months
I need to find the best way to save money for the next six months as am expecting to be a proud parent come September. The trouble is at the moment i am looking for an account where i can put money in every month manage online and also make withdrawals if needed. The main use of this account is for saving for all the baby…
-
Abbey Life Wealthmaster - Notional Tax Paid
Hi, I surrendered my wealthmaster plan and received a statement showing me the value of the gain as well as an amount with the words: "Amount of Basic Rate tax treated as paid (Notional Tax) I received the full amount of my initial investment plus the full Gain. The amount of Basic rate tax was not deducted. I live in…
-
How Safe are our Savings ?
I understand that the FSA will guarantee your savings up to an amount of £50K per financial institution (£100K for joint named account), but recollect comments that it is not sufficiently funded to honour this in the event that a Bank (or our country) goes "bust". Given some of the articles and scaremongering around the…
-
how rude are you to call centre staff?
-
100% safety
Hi. Just wondering which bank people would recommend putting money from a property sale in this economic climate? (Over 50k) 100% safety is more important than a high return for the moment. Northern Rock? Thanks.
-
Confused by ISA please help!
-
nfu flexibond - advice
My retired in-laws invested £200,000 in a medium to high risk 5yr flexibond with the nfu in spetember 2007. They seem to think it is only worth £160,000 now after 2 1/2 years. Is it worth them waiting to see if their investment goes up in the next 2 1/2 years or should they get out now. They sold their house and put the…
-
How do I offset share loses with cgt
I have shares bought in 07 and 08 through sharesave and they have gone down quite a lot, my question is how can I offset these loses on any future gains. i.e if i sell shares before 5th April will i be able to offset these loses on any gains I make during 2009/2010. Also when calculating my gain do I deduct dealing costs…
-
Norwich Union bond payout
Hi, My father has a portfolio bond with Norwich Union, his August 2008 statement values it at £38,071, if he was to cash it in today, the value would be £33,458. That’s a £4613 drop, does this sound right, has anyone else experienced this sort of drop. TIA
-
What to do with 20,000
We have recently re-mortgaged and have £20,000 in our current account. The money is for an extension but the work is not starting for about another 6 weeks and then we will be paying in installments. What should we do with this money attach a new account to our current account so it remains separate and not eaten up by…
-
ISA - Rates in New Tax Year
hi, with rates currently so poor (top isas paying around 3.2-3.3% typically) how likely is it (taking into account trends in previous years) that when the next tax year comes around the rates available will be higher to attract new savers.... i've seen that rates have been creeping up recently.....just was curious to see…
-
Daily Mail - you can't beat it
Talk about scaremongering, right I'm taking my copy with me up to the loo............ - no, not to read :rotfl: http://www.thisismoney.co.uk/mortgages/house-prices/article.html?in_article_id=480388&in_page_id=57&ct=5
-
Where to put £1000?
Ok this looks pathetic compared to the 'where do i put £10000+ threads but im a student and managed to save £1000 while at uni and want to put it somewhere as a start to a car / mortgage fund that I can start paying into when i start work, I won't be touching this money at all. I'm useless with money language so please be…
-
Where to put 120K??
Hi..our N Rock fixed term bond maturing soon,,,,they are offering a 2.2 net one year bond...I like the security....but any ideas to increase return?...already have money in Halifax...dont want to go abroad. thanks
-
Norwich Union Portfolio Bond - In need of some advice please
My mum has asked me to post about a Norwich Union Portfolio Bond to see what excellent advice we can get from MSE. She bought it in Feb 2001 for £15,000 and has taken £5,625 in earnings out of it to December 2008. In February 2009, it was valued at £11,442. It has underperformed her other investments over the same period.…
