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Cashing in pension & tax.
I have a friend with a third small pension pot (~7k) not worth the income. She wants to cash it in for the 25% lump sum, but thinks has to pay basic rate tax on all the remainder. I calculate her remaining two pensions put her ~£1k below the personal allowance next April, and her savings income is below the new limits then…
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Help to buy isa
To open a help to buy Isa do you have to put the address you're registered to on the electoral register? What if you live in two places? One address where you stop half the time and you bank and employer use and the other where the electoral register states you live. Confused what to put as address! If you put the wrong…
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Share Profit and Capital Gains Tax
About 7 years a go I bought £2500 of shares in a company. I have found out that today they are worth about £20,000. As I understand it, I can cash in 10k before April and £10k after April and I won't have to pay tax or anything? Is this simplistic approach correct? The only other money I have made (Apart from paye wages)…
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Really helpful marketing
Hi I'm new here 😀 I have been contacted by a company called really helpful marketing. They are looking for me to invest and then get a pretty impressive return of 14%+. I can't find any info on them other than their website - anyone know of them? Thanks Mark
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Current market carnage - anyone selling or buying?
It's been a brutal start to 2016. I've been waiting to re-invest since cashing out of everything last August and have just started drip feeding into my favorite funds the last couple of days given the recent big drops. However I'm still rather bearish for 2016, especially when viewing the max SPY chart below :eek: so, what…
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60K to invest looking for a return
Hi I am looking to invest 60k that I have recently inherited. I currently have other savings in a general savings account to cover an emergency and I already own my own home. I would like to get some kind of return whilst also being able to access the money fairly easy if needed any suggestions?
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Just opened Halifax HTB Isa but looking for another savings account
Hi Everyone Some advice required please. I have put some debts behind me and am currently saving for a deposit for a house. I have currently been saving up in a Santander Cash ISA, I only have around 5k so far but I do not feel I am getting a good deal in terms of interest and I have just opened up a Halifax HTB ISA. Up to…
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Fidelity portfolio analysis not working?
Anyone else having trouble with this? Have tried in Firefox, IE and Chrome, enabled cookies and every thing else I can think of. The xray is shown but only the headings are there and no investment data is present! Any tips? I have informed Fidelity tech.
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Advice on Transfering Money into Portfolio Account
Hi, one of my parents Pension fund will soon be able to be taken and they want to put this into a portfolio they already have with Redmayne & Bentley. Can they do this themselves and how quickly can they put the full amount into the portfolio (£128K). Now their IFA is saying that they need to open another portfolio and to…
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Fund that tracks accountancy sector
Hi there, Is anybody aware of any investment fund that tracks (or is predominantly made up of companies within) the accountancy sector, UK or worldwide? Thanks in advance. James
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They're havin' a laugh!
Just before Christmas I received a letter from Santander to say they were cutting my already poltry interest rate on my ISA and my savings account from 0.5% to (wait for it) 0.25%! :mad: So I give them £100 for a year and, after the govt takes its share from my savings, I get 20 pence in return! At least I get the full 25p…
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Help to buy ISA & Stocks and Shares ISA
Hi all I am currently saving for a deposit on a house and have opened a Help to buy ISA, as you may well know you can only put a max of £200 a month in the ISA. I can afford to save at least another £400-£500 a month and have been advised to put it in a stock and shares ISA, my question is if this is a good idea??, I'm not…
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H2B ISA Transfer Shambles
Appreciate any advice on the following which Ill try keep as brief as possible... I opened a H2B ISA with Halifax at the start of December and deposited the maximum £1200. By chance, in mid-December I came across a better deal elsewhere with another provider who I already hold a 'old' cash ISA account. Following…
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Help to Buy ISA with divorce
Official MSE Insert: We've a fully researched Help to buy ISA guide you may find helpful. Back to the original post... Hi, I'm writing this on behalf of my brother-in-law whom has his ears closed regarding the help to buy ISA. He hasn't really considered it, but is also 'not doing anything with money' until he gets…
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Saving and Investment Advice
Hi, looking for some advice on how to best save or invest £20,000. currently i have 2 thousand in the 5% TSB Classic + and the rest in a 123 current account. I have a higher than average salary and save a lot of it each month, so as my savings grow i am wondering what to do with it to get the best return. I have some…
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Marks and Spencer Regular Saver
I opened a Marks and Spencer current account and a 6% regular saver account 12 months ago. I have now paid the maximum into the regular saver (£3,000), and believe the account is due to mature into an everyday saver account this month. Does anyone know if you can continue to pay into, or open a new, 6% regular saver, or is…
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Investing for the first time.
Hi, I have had quite a lot of money come my way last year (lucky me) and would like to ask some questions about investments. Firstly, some history. I had an inheritance in May 2015; this has been largely spent in paying off the mortgage on our bungalow, renovating it and adding an orangery, and buying an investment…
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April 2016 £1000 interest free
Hi All, I have a Santander account paying 3% AER. At the moment you earn 3% but get taxed on it. I have read somewhere that from April 2016 you can earn £1000 a year in interest without paying tax on it. So, with 20k in the 123 account you would earn £600 a year in interest. Does that mean that from April 2016 you would…
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£150K Reinvestment Help
Hello. Would appreciate some suggestions and advice relating to the reinvestment of some funds. I had £150,000 invested in a fixed rate bond paying 4% over five years and this has recently matured. I am now looking to reinvest this amount (I have been living off the interest and want to continue to do so) however I have…
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Savings accounts
Has anyone found a good savings account in the UK, ie with a good interest rate and no fixed terms.?
