-
Regular Savings accounts 12 or 13 deposits?
I have quite a few regular savings accounts all maturing in March or April and all have had 12 deposits paid into them None of the deposit dates were at the beginning or end of the month. All the deposits, except the first ones were by standing order Is it worth while and will I be able to make a 13th deposit into the…
-
Savings Accounts
best banks to get good interest rates for savings accounts
-
moving money from flexible saver account to ISA with same bank
Have account with bank flexible saver, had it for years, its an emergency account in case of anything happening or have to travel or replace household items, anyway i dont get much if any interest on it,so should i ask said bank to move it over to a fixed term ISA or leave as isthanks for reading
-
ISA account transfer and creating new ISA
I have an old ISA account which I have had with Barclays for many many years.. it only has a 1.25% rate. Can I move this to another bank/provider, also if I move it before April 5th will the amount i move to a new bank affect the limit how much i can put into a new ISA for this tax year. For example if my existing ISA has…
-
Grandchild savings
I have building society savings accounts for my 4 grandchildren. Even though my total interest exceeds the £1000 tax free limit, I believe I shouldn't pay tax on the interest on these as I am their grandparent, whereas their parents would. How do I ensure this happens though. The account is my name in trust for the child…
-
Best Cash ISAs by MoneySavingExpert - unknown brands not protected by FSCS??
Could somebody help me reconcile two apparently contradictory facts? On the Money Saving Expert page about Best Cash ISAs, we are assured that all the featured ISAs "have the full £85,000 savings protection". Yet, when I go to the FSCS site to check on one such ISA - provided by Tembo - I discover that Tembo (FRN:913654)…
-
Interest on savings
Can anyone help I checked my personal allowance for next tax year,I thought basic rate tax payers were allowed £1000 in interest before they were affected.I found hmrc have deducted from my personal allowance the interest I received therefore I'm losing out on a higher p.aHow do I go about rectifying this. Thanks in…
-
ISA with moneybox
I am looking to set up an ISA with another bank to spread the risk. I wondered if anyone had any experience of moneybox and what they thought? I can see they are regulated but I'm nervous about anything that isn't a "regular bank"! Thank you
-
Sharesave Scheme - Company Sold - Options
Hi all, I am a member of my employers sharesave scheme which is being run over 3 years in total and due to end November 2025. However the scheme is with my employers parent company and my employers company has recently been sold by its parent company so we've have been contacted by the sharesave provider with options as we…
-
Interest or dividend - which is best?
Which is a better way of topping up your living costs: Using the interest on your savings or Investing in something that pays a dividend. Assuming, for arguments sake, that both pay the same.
-
CAN I?
If I open a easy access savings account with the Charter Savings Bank, and I want to withdraw money. Do they do it straight away or is it one of these banks where you have to wait till the next day?
-
Lloyds Banking Group Shares
In 2007 I was given 220 Lloyds & 114 HBOS shares. Later it seems Lloyds 'absorbed' HBOS & in 2017 the shares became 341 Lloyds Banking Group Dividends were either pathetic, never reaching the princely total of £5 a year or mostly ZERO Frankly I don't even bother to monitor it, it's always been so pathetic & I've literally…
-
Personal Savings Tax Allowance
Like many I have received more than £1000 in interest for 23/4 tax year. However HMRC are saying to me that Banks & Building societies take the £1000 off the amount before submitting it to them. So they will tax the whole amount submitted to them. This seems unlikely since I have several accounts in different institutions.…
-
NS&I and POA
Hello. Anyone else had this. The POA for my Dad is registered in my married name but all my documents are in my maiden name. NS&I will not accept their number as they say they cannot do a match for me. They sent me an envelope requesting copies signed by a `reputable person' of everything to prove who I am - Driving…
-
Obtaining a medallion signature guarantee in UK
My father passed away earlier this year. He owned some US Walmart shares. When I contacted Computershare to notify them of his passing, they told me the first thing we need to do is transfer the shares into my name and, in order to do that, I need a medallion signature guarantee amongst other things. Does anyone know how I…
-
NS&I and HMRC
I have various Savings Bonds with NS&I. Do NS&I inform HMRC of any interest earned from these Bonds or do I have to do it myself ? Any advice would be appreciated
-
What would you do in this situation?
Hello all, I'm really hoping for ideas and advice. I'm just about to pay off my final debt - my mortgage - next week and then I will be 100% debt free. In my early 20s, I got into a huge amount of debt. For the last 15 years (I'm 47) I've not really saved much, just laid everything into paying off the debt, which means…
-
Money transfer worth it?
Just remortgaged for 2 years and I've been offered a money transfer from existing card 0% interest 12 months 2.9% fee, got 12k limit. Is it worth taking it just to stash in a cash ISA for 4.5%? If rate stays at 4.5% for 12 months i make £160 if I took 10k? I can't imagine ISA interest rates falling below 2.9% in the next…
-
Forced into Self Assessment - first timer advice needed (+ a LOT of background info)
Firstly, I have looked at other 'Self assessment first time' posts but nothing seems to fit my circumstances, so I think if I give a little history first so you may understand how I got into this situation in the first place and offer suitable advice Sorry in advance for the long post Many years ago, I had a LOT of…
-
Dividends on holdings held within a SIPP
Just seeking reassurance on this. Can dividends paid on holdings held within a SIPP account be safely excluded from the total UK or foreign dividend (as appropriate) figures on SA tax return? Just trying to get my figures together for the 2024/25 self-assessment return and having a moment of doubt.