-
Moneything have ceased trading
Had an email a few minutes ago to say that moneything have ceased taking new loans and are winding down. If anyone still has funds here there is still the option to withdraw. I withdrew and sold most of my loans about 6 months ago but still have some tied up in bad loans, will find out what will happen to these. More info…
-
LloydsEasy Saver AER reduction
Just ben advised by Lloyds that the pathetic 0.2% AER rate on the Easy Saver is being reduced to 0.1% AER effective 17 FEB 2020.. Obviously don;t have any actual savings in this account.
-
Indian Share
Hi I came across an Indian company and am intrigued at the idea of investing in it. My broker is willing to do it for 1% FX transfer and circa £50 Commission plus whatever purchase taxes are applied by the Indian/UK Revenue Services. I was wondering if anyone has done direct investment in an Indian company and could give…
-
Form SA302
I am going to remortgage my BTL property and the lender is asking for my SA302 form and tax overview for last tax year (18/19). Do you know how i can get this as i never had to do a self assessment and certainly do not need to for last tax year. The BTL only started this tax year and previous to this i had no BTL. Thanks
-
Halifax S.D reduced fees
Hi, novice question. Halifax share dealing are having a reduced fee session on the 11 December. Can you tell me, does this only apply to the purchase of individual shares or does it cover funds? The point is question, Vanguard L.S. 60% Thanks.
-
Retirement - what to do with 500,000 cash...
So say you had a regular pension income of around 36K (for a married couple) to pay the bills (no mortgage) run a car, put food on the table etc. and then an additional 500K for holidays, hobbies, treats. Assuming 20 years of good health and being active what would you do with the 500K?
-
Help to buy ISA unanswerable question..
Good evening all. First of all I would like to thank you in advance for any help you can provide. I have been saving for 3 years into a HTB ISA and have been trying to fnd the answer to my question for most of this time: I have never bought a house, but 9 years ago we lost our Mother and her house was signed over to us,…
-
Help to buy and cash ISA confusion
Hi guys Thanks in advance for any help I opened the help to buy ISA with barclays as it was nearing closure last week I have a 'normal' cash ISA with barclays as well and have done for years but have not contributed to it this tax year. I seem to be coming across conflicting information about whether or not you can…
-
The "Save 12k in 2020" Thread!
So, the title is pretty self explanatory, but this is the place to be in 2020 :D it's that time of year, again! In 2020, the aim is to save £12k (or, any other amount if you like) from 1st January 2020 til 31st December 2020. I know it's early, but it gives you the time to plan for how you are going to do it. Please…
-
Fund costs....?
..is it really "free" to switch funds on the Vanguard platform - ie no hidden costs like a a bid-ask spread. HL say "Fund dealing There's no dealing charge for buying or selling funds." apart from the base .45% charge with no cap, are there no other costs involved with funds on HL II do give the cost of fund dealing,…
-
M&G Property - UK's biggest property fund suspended
Another lesson in why (in my opinion) you should not use open ended funds for non-liquid assets. Withdrawals in M&G's £2.5bn Property Portfolio fund have been suspended and there are concerns it might prove contagious. https://www.bbc.co.uk/news/business-50658437
-
Selling shares under 5 yrs
Hi I have around £12000 worth of free shares from my work in my portfolio , the are made up from amounts given over the last few years , Finding things slightly tight this Xmas so had a look a selling about £3200 worth of ones I’ve had for 3 years but mature fully in 5 If I sell them I’m paying something like £2400 in tax…
-
Always read the fund documents
I was surprised to see this when I looked at HSBC Global Strategy Cautious. I looked at the fund annual report and on the balance sheet was this Forward Foreign Exchange Contracts - 0.34% (0.21%) #Sold €23,483,081 for £20,273,226 settled 9/5/2019 6 0.00 #Sold $100,248,950 for £76,728,103 settled 9/5/2019 383 0.25 #Sold…
-
Vanguard General acc to ISA acc
Is it as simple as transferring your holdings from your Vanguard general acc to your isa s&s account at the beginning of each tax year ? obviously up to the yearly allowance? Are there funds that you can not hold in the S&S ISA?
-
Investment isas
Hi Martin, Many years ago my Wife and I bought Woolwich PEPS. These were made up of Global Core and Sterling Corp shares.Barclays now operate these under their Smart Investor banner as investment Isa s . Since July they have been charging fees on these accounts in the region of £4 -£8 per month. The shares at present have…
-
How can I save Money for my Wedding
While living in Pakistan how much money do i need to save for my wedding
-
Saye
I wonder if anyone could help me please? Recently my SAYE come to the end, I stupidly decide buy and sell all my shares in one go without consider the big Tax bill properly, I am expecting the money will be in my account in the next few days, mostly likely will be £40k profit. Is there any way I am able to reduce my…
-
Ecology BS
Hi guys , Anyone out there have an ecology regular saver or easy access account? According to their website , direct debits are taken on the second working day of the month (i.e today). Nothing left either of my accounts today though , and I did get a letter back from them confirming DDs had been set up. Is it normal of…
-
LISA - Avoid early withdrawal fee?
Hi All, Bit of background, I opened my LISA with Newcastle Building Society on 30 Jan 2019 (matures 30 Jan 2020). I have had an offer accepted on a flat and the process is moving forward, surveys etc. Looking like we will exchange in Jan and I will push to complete after the maturity date of the LISA. I would obviously…
-
SAYE - tax efficiency with bed and ISA, CGT
A couple of days ago my SAYE (Save As You Earn) scheme matured. Below are the details. Cost: £18,000 Share price: $135 (a couple of mergers so share price is now dollars) Today's value: $78,700 (about £60,000) Total profit: ~£42,000 I don't want to do the wrong thing and get stuck will a huge tax bill! I have a spouse who…
