-
Fixed Rate non-ISA Bonds, straddling 2 tax years: new 22 per cent tax rate on interest
I have noticed this. (I think). Does anyone have any comments? There have been several prior threads on this site, about when Interest Income should be reported to HMRC for tax purposes, when a Bond is, say, a 2- year Bond. And there is no access to any of it until Maturity. (Not even any option to take it with a Penalty…
-
Is this a Gilt/Bond or am I reading it wrong
i'm trying to diversify my portfolio. I have maxed out stocks shares isa, a few single US stocks, vanguard fund, bitcoin (but only a small % of my portfolio)... I was trawling through YT looking at investing ideas in uk and came across Gilts. So my basic understanding is you put X amount in a gilt, leave it for X years…
-
Moneda Capital Warning
There have been a few threads in the past about Moneda Capital that seem to have disappeared . The bank they claimed to be working with has confirmed that they have no contractual relationship with them but interestingly Moneda Capital has now amended their advertising. Although they are still targeting social media…
-
Coventry Building Society - Unable to log in
Tried logging in a couple of times on different devices but no joy. Anyone else having this problem? Thanks
-
Hargreaves Lansdown
Anyone with an account with Hargreaves Lansdown on here? If so, do you keep any record of how much you have in it? I tried to do a screenshot a few years ago every few months but that doesn't really mean anything in terms of proof of how much you have in your account should anything ever happens and you can't access your…
-
Premium Bonds after a death
We lost Mum in August and kept her PB’s going until we got the grant of probate. She won £25 in November but NS&I won’t pay the estate as she’d signed a mandate to re-invest and purchase bonds with her winnings. They say that bond is void as you can’t purchase more bonds after death. Surely they should then pay the £25 to…
-
Cashing in Stagecoach group plc share certificate
I have an old share certificate for stagecoach group plc which was issued to me in 2017 after I left the company which was part of a company share program I was enrolled in. The certificate was issued by Capita and was for 1,744 shares. I have now gone to try and cash in the certificate but I cannot as apparently the…
-
Revolut Savings Accounts and FSCS Protection – Are They Safe?
I’ve been looking for a good high-interest easy-access savings account and noticed that Revolut is offering around 4.50%. https://i.postimg.cc/5t9RmxNp/IMG-6946.png However, I couldn’t see Revolut in your popular website’s (moneysavingexpert, becleverwithyourcash etc) list of top savings accounts — is there a reason for…
-
Cash ISAs vs standard savings accounts
I remember a few years back Cash ISA savings rates were almost always lower than standard savings accounts. Now it appears to me that they are broadly similar. Does anyone else agree with this, and is this equivalence likely to continue now that rates are falling.
-
Interactive Investor dodgy terms and conditions for refer a friend offer
I referred a friend to ii for the £200 cash back and friend getting a year's fee free at ii. I just read the terms and conditions again to make sure and I notice that they seem to have changed the dtae from which the friend needs to open an account - 18th December 2025. My friend opened the account a week or so before and…
-
Tax Confusion
Hi, I received a letter last month from HMRC stating I owed £250 in tax from 2024 - 2025. This does work out to be correct from interest I have earned on savings. I paid it straight away to avoid a tax code change. However, HMRC have sent me another letter via a tax code change for the 2025 - 2026 tax year saying they are…
-
Looking for savings advice
So we are in the fortunate position of having inherited some money approx 100k. We are married and retired in our 60s. i have no idea of the best thing to do . ISA , premium bonds, or usual savings account. any advice would be welcome . Many thanks
-
An alternative to flat rental - MIL income from property in trusr
My (wife's) father passed away last year. His will leaves is flat (that has been let out for the last 20+ years) to his three children with the provisio that whilst his wife is alive, the income from the flat rental (or any other form of return on his assets) is to provide for his wife. We placed the flat in trust and my…
-
Tax on savings for non earner £18570 v. £19000
I understand the first £12570 is tax free, then the starting rate for savings +£5000 then the PSA +£1000 ...giving total of £18,570 (on the basis no other income at all) How is this impacted if the interest was say £19000 Is the top part above 18570 simply taxed at basic rate....? At this threshold is it ever worth putting…
-
Cash ISAs - have I been missing out?
I have had a Stocks and Shares ISA but haven't put anything into it for at least four or five years. I also have cash savings of about £80,000 which are spread across four different savings accounts. I think I misunderstood the rules and thought that because I had more than £20,000 in my stocks and shares ISA I couldn't…
-
Extra 2% on savings ?
What does that mean ?
-
Making the most of my saving
Hi, I'm 45 and have made the decision to move into my parents house for 3 years to get out of the rental market and actually get myself financially sorted. I'm on a pretty good wage now but due to rent, costs, a ridiculous amount of university etc I've always rented, been in and out of debt and never been able to save. So…
-
Latest Monument App crashes
Anyone else having problems with the Monument App? Just had an update from the playstore (to 1.33.0) and now it crashes before displaying any info. It accepts my PIN, says "Good afternoon Alan", then disappears. This is on Android 16.
-
Savings Interest and Tax Code change
My tax code has been changed this month. Looking at it there is an assumed amount of interest they have figured for me, which is way off at £2,500. It will be much closer to £1,000. They wrongly assumed £2,500 which puts me into the 40% bracket which reduces my PSA of course. Do I call HMRC this year/now or does this…
-
Investment Trusts
I am looking for a fund that will pay out income. Most Equity income funds only payout twice a year, but it seems investment trusts pay out 6 times per year, which would be better for me. However, I have always thought that ITs are more expensive due to the extra layer of management. Am I thinking wrong? Can anyone point…
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
21.8K discussions
167.2K comments
Most recent: Cash ISAs: The Best Currently Available List by masonic
Today at 6:20PM
