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Tax free Allowance for income
Hi , can I just check in for some advice and clarification. Wife did retire and returned PT a couple of years ago but is now ready to no longer return. She has a small business which along with her small pension creates an income of £7K/ year. With her PT job she was just below the tax threshold which was reduced as I…
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Trading 212 withdraw funds and close account?
How do I withdraw the funds and close my trading 212 account? The balance is £41.52. All I can withdraw is £1.52, the .52p I presume is what interest/profit I have gained as I invested £1 when I opened the account.. What about the £40 shares or can that not be withdrawn?
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Cash ISA to S&S ISA / Pension
I have always been very cautious with my savings, in that they have been held in cash ISA's over the years. I have amassed close to 6 figures in savings (80% held in a fixed term ISA earning 4.91%, which is due to mature in August). I'm 46 and mortgage free. Work part time earning £25k. I have done a fair bit of research…
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Why has Rolls Royce stock gone parabolic in the last few years?
I remember when they did that reverse split, right around covid time to try and prevent the share price from appearing like a penny stock. Now it's up like 2000% it's insane. It's now the UKs 10th most valuable company. Obviously they're a major defence contractor and aviation company, but how did they go from zero to hero…
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Dissenting Shareholder
Hi I’d like some advice about being a dissenting shareholder in a company. I don’t know anything about being a stock or shareholder. I know that I shouldn’t accept financial advice on here but would still like someone who has more expertise than myself to offer their thoughts. I have a small number of shares in a company…
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Share cancellation (eg AV, GACB prefs) - tax implications?
Following the tax changes over the last couple of years, I transferred some of my pref shares from a non-ISA share dealing account into an ISA one (I'd had them for years, when the threshold was much higher). And of course manage them to keep below the threshold. However, the recent AV pref shares cancellation has resulted…
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AV.B Cancellation - only got face value back, whats going on!!! (RESOLVED)
Just had a look at my HSDL account - I was expecting a certain sum per share for the cancellation. But all I've got back is the face value of £1 each!!! And not all of them have had the benefit of a share sweep ( my wife and I have both ISA and non-ISA accounts. What's going on? I been done out of a lot - I mean a LOT - of…
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Money stuck in Prosper app - can anyone help ?
I've just had a 90 day investment mature which is in Prosper. In the app it now says I have the matured money as "Savings" but part way through the 90 days of my investment, Prosper introduced a new system of what they call a "Wallet" which is basically a bank account and sort-code for each user. You can only withdraw…
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ETF's and Capital Gains/Income tax to non UK countries question.
Hello, I am a UK resident who is new to investing, and also new to paying income tax/Capital Gains tax. I've purchased into a Vanguard S&P 500 fund in a Stocks and Shares ISA and I'm considering investing in other world funds. Does anyone know for certain that holding stocks/shares in these funds will mean that countries…
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What to do with £500 - invest, save, overpay mortgage or something else?
Hello. I'm currently overpaying my mortgage by £500 per month. Mortgage itself is low interest - 1.66% fixed for 10 years with 7 years remaining (a rare deal from 2022). I have 64% equity and mortgage balance is about £170k. I have maxed out my ISA allowance for the current year, all of which I put into my Stocks & Shares…
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Chase boosted saver
Okay so I know I'm wrong before I write this but I can't understand why? I have a chase boosted saver at 4.55% aer. The boost is for six months then drops by 1.5%. If the headline rate of 4.55% is only for six months how can the annual equivalent rate be the same? six months of 4.55 followed by six months of 3.05 is not an…
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Natwest blocking payment to CHIP ISA
anyone else had this? tried to pay ~£9k into a new Chip ISA and it was immediately blocked by Natwest anti-fraud who apparantly don't like ClearBank very much. Now all payments to Chip being blocked. Assuming I can get the bank to actually give me access to my money again does anyone now if there's a limit to avoid this…
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Flexi ISA
I am thinking of opening a new Flexi ISA with Tembo and would like to know others' experience transferring the funds out to S&S ISA, please? is it a straight forward, like a bank transfer or had to complete paper form and how long does the transfer take?
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Sidekick easy access savings account - issues transferring money in to new account
I just tried to move some money from my Santander account to my new Sidekick easy access savings account. My bank detected this as potential fraud and stopped the transfer, and blocked my account! I called them and the guy did some quick searches on Sidekick (he'd never heard of it) and quoted a few trust pilot reviews…
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FTSE RAFI Developed 1000 Index
I'm interested in peoples' views on the Russell Developed 1000 Index. To my eyes, it is a much more value oriented global large-cap value index, that removes some of the higher risk large cap holdings (i.e. Nvidia is 0.14%[3.67%] Tesla is 0.08%[1.12%]). The downside is that it doesn't have so much of the growth stocks that…
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Basic Personal savings allowance queries.
Hi all, Apologies if these are answered elsewhere, I did a quick search for PSA topics, but everyone else's queries seem more complex/specific than mine. By all means point in the right direction if these have been answered before. 1. Is the only reason not to go over your PSA because it might push you into a higher tax…
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Struggling to keep up with top ISA rates
Hello, As the BOE keeps moving the goalposts downwards making it harder to score the top rate of interest (no pun intended). I have now opened and moved accounts with Trading 212, Chip, Atom and Moneybox, so i think i would count and a existing customer and not be eligible for the boost. Idk why they keep doing these boost…
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Imutual
Not sure if this is the right forum so can the moderators move it if necessary. A few years ago i used imutual.co.uk for cashback and i also got something like 10,000 plus shares. i havent logged on to the website for a couple of years at least. The website doesnt want to load anymore. Has the company disappeared? Not…
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Cahoot Question
I opened a Simple Saver account today. I put a few thousand into it and then tried to withdraw £1 as a check. It wouldn’t do it, and gave me an odd error message: “Order not allowed due to notices in the account attention!” Can anyone tell me what that means? I really hope they haven’t done something like freeze the…
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Birmingham Bank?
Hi, does anyone have any experience of Birmingham Bank? I am looking to lock away some savings in a fixed rate 3-5 year account and these guys seem to be offering the highest rate at the moment. I'd never heard of them before they were recommended here.
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