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What form?
Heard on the Eddie Mair Radio 4 show tonight that from 6th April 2015 if you earn less than £15,600 you can claim back all your tax on interest from savings. Any idea what the form is called?
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so where do i go next?
hi all. i had a 2014/2015 halifax (who i hold my current account with) isa which has now expired and interest been paid. the interest rate has subsequently plummeted to 0.25% so what do i do next? i currently only have about £3600 saved. this was within one year so i expect to save around the same again by this time next…
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advice on savings
I currently have £20,000 in a halifax isa but my 'ok' rate ends tomorrow and new halifax is is 1.05%. Do I put it on all in a santander 123 account? Or do I just keep in Halifax to protect my isa allowance and treat the monthly saver prices as a trade off for the lower rate? I need easy access to the money, I already have…
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What to do after maxed out savings account?
Hi everyone, I am close to having £20k with Santander and have been saving for the past year and a half. I have been looking at a range of savings accounts, ISAs notwithstanding, and want to try to get the best return from an account without having to open up so many in order to benefit from the short term interest rate. I…
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Current account for my savings?
Hi, Being fed up with receiving 0.5% on my savings, I have been looking into better rates. Because I want to have access to my funds, it appears that the Santander 1-2-3 is my best bet - I've got just over £3,000 saved. I have read through both their website and Martin's advice here and am happy with the conditions but...…
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Tax for Chinese resident using UK broker
Hi, I am currently a UK resident using a UK broker to invest in US equities. I am planning to become a resident in China and was wondering about the tax implications this would entail on my shares. If I stay with my UK broker (I have US equities) while residing in China (apart from the dividend tax that I would always pay…
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"Cash ISA season"
OK, so we are in the new tax year and I'm looking to put some money in a Cash ISA so I'm looking round for the best deal. I'd like to put in some money now plus a bit more later on so I don't think a fixed term ISA is suitable. I know that there is a "Cash ISA season" where rates are often increased towards the end of the…
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Help To Buy ISA
Official MSE Insert: You may also find our fully researched Help to Buy ISA guide helpful. Back to the original post... Hi, I have an ISA Saver Online with Halifax thas was opened last year, i make regular weekly contributions (via transfer not direct debit) I am very interested in the new Help To Buy ISA that is being…
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Investment fund being wound up - when should I sell?
I have money in an investment Trust which is being wound up due to the major shareholder pulling out. It will not be economically viable as a fund when this happens. Question is - should I act now and sell my shareholding straight away and reinvest it, or request that this is done on the day of the winding up? All costs of…
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Help selling certificated shares
Can anyone tell me where I can sell Tesco shares, which I hold in certificate form for a reasonable price online. I would rather not have to change them to non certificated shares first but realise I will have to send the certificates and fill in a crest form after the sale. Thanks in advance
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Student Grant and earned income query
Think I've seen this before but wanted to check our calculations. Son No. 1 starts his 3rd year of Uni in September. This coming tax year my wife and I are electing to pay a massive increase in pension payments, much more than previous years. I intend to Salary sacrifice down to circa £30k salary and pay a personal payment…
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Working out equalisation and dividend income for unit trusts
Hi, I need to work out the equalisation and dividend income figs on my unit trust holdings in advance of getting the tax vouchers post end of tax year that will have the figures on them (as I want to get an idea of how much capital gains I have currently generated). For the Acc (accumulation) units I hold in these funds,…
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CGT: bed & breakfasting / 30 day rule
Hi, I know that this rule means any shares sold have to be matched with any purchased in following 30 days but am I right in thinking this does not apply the other way round, i.e. shares sold are not matched with shares bought in the 30 days before? E.g. if I had an existing 104 holding of 5000 shares on 1 Jan, bought…
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Shares ....Right Place ??
Hi, Just really need some advice please. I inherited some shares a few years ago with Lloyds banking group, I have received a letter through the post, its the usual statement I get every year, this time it is saying that I will receive a dividend in cash, 75p a share or if I want to make the change and join the DRIP,…
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Read this if you've closed a Hargreaves Lansdown account
If you've closed down or transferred away from a Hargreaves Lansdown Vantage account at any time, I suggest you log back into the account to check if there's still any money there. I transferred away from H-L last summer, but I've discovered that they didn't do as instructed to transfer all of the cash on the account over…
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New ICICI HiSave Account
I'm trying to open an ICICI HiSave account (I know, I know, I am sorry!). I submitted the online application along with direct debit instructions and then sent the certified documents. I have now received an email saying I must send them a cheque as the electronic check that they conducted on me has failed and therefore…
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Bond basics - will I always sell on a market?
Starting from the very basics... I want to diversify my portfolio to include 20-15% short-term bonds. My main reason for doing this is that I want to have easy access to cash if I decide to invest in more stocks etc (cash is trash, so that's a non option). I understand that if I were to buy bonds and sell them before the…
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Pension investment
There is so much pension money about to be released, the problem is how to dream up scams to take it all. I name this one the Hercules Fund. Copyright Pincher, mind. Own a piece of Greece __________________ Betting on a Greek exit, we are building up a war chest to pick up Greek debt, aiming to pay 0.01p face value. When…
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Capital gains tax on equities
Hi, I find myself too confused with the issue of capital gains tax on equities. What exactly determines the capital gains tax you pay? The country you invest in, the location of your broker, your place of residence? I am currently investing in US equities through a UK broker while I reside in the UK. If I change to a US…
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UK income tax on foreign shares?
Hi, So I have invested in some US equities through the UK broker TD Direct. I have willed up the W8BEN form which reduces US tax on dividends from 30% to 15%. I've recently read that aside that the 15% US tax, I would also be charged income tax on my dividends received from abroad. Can I confirm this? Also, how much income…
