-
Calculating Gilt return on capital and coupon
Recently retired and wanting to invest some new capital into gilts. This is to minimise future tax on savings/stocks. After doing some research, I like the idea of purchasing individual gilts. To minimise possible savings tax, I'm considering buying discounted gilts with lower coupons (eg TG26). I'd appreciate a sanity…
-
Transferred into the wrong acct by doing so also overpaid into an ISA...
Somebody I know has a Coventry ISA, opened this year, that they paid £19K into when they opened it. They also have a Coventry instant access type acct with £1k into it. They've just transferred £4k from NW and accidentally transferred to the ISA (it was meant to be xfrd into the IA account). The money hasn't shown up yet…
-
Raisin UK.
I should have a little bit of free cash next month, possibly up to 10k, which I may put some or all of into a bond. Excuse my naivety but how good are Raisin UK and how does it work? Looking on their site they almost seem to be a 'broker' type company. Normally I go with 'trusted' building societies (Atom is my one…
-
Best easy-access joint savings account with pots/spaces?
We are looking for a joint savings account with the 3 main features below, anyone know of anything? 1) Easy access joint savings account - as the money will be used for annual bills & stuff. 2) a decent rate of interest - we have separate products for real savings. 3) The ability to have separate & identifiable pots or…
-
Leeds building society login
Has anyone else had any trouble viewing their leeds BS accounts on their new online dashboard? I've tried to message them about it but they haven't responded in over a month. I previously was able to get into the old online dashboard system by applying for an account, but this doesn't work anymore.
-
What to do with £40k?
Hello I have around £40k sitting in a cash ISA. just curious as suggestions what you would do with it? Bit of details: live in a property worth £240k, have a repayment mortgage of £160k on it at 3.16%. Have a rental worth £130k, with a mortgage of £90k on it, interest only at 3.70%. Interest and service charge a month =…
-
Paying Tax on Savings Concern
Hi, I have probably earned around £2400 in interest on Savings since last April. I'm concerned about how I pay tax owed on this. I am employed. The interest I will now earn is lower than it was last year. I'm worried that if my tax code is changed, I'll be overpaying as surely a tax code change is for a specific amount?…
-
Non-fixed savings account pays interest annually. So would that hit next year's PSA?
Hi, Does anyone know a definite answer to this? If I were to open a savings account next week at the start of the 25-26 tax year which pays interest on the anniversary of its opening (so that would be the start of the 26-27 tax year) then would that interest count towards PSA allowance for the year in which it's paid? I…
-
Paragon - paying into ISA or Savings account?
I know it currently says on their site that to make a payment, you need to use your full name as the name of the account and mark it as personal. However, for an account I opened around this time last year, the sort code and account number is the same as currently shown, but on that occasion, we were advised to mark as a…
-
UK Savings when Child reaches Adulthood
Years ago, I opened two Royal Bank of Scotland First Saver Accounts for my children. Now that they are both over 18, I’ve started receiving emails advising them to transfer the funds to a different account. The issue is that we are not UK residents and do not have a physical UK address or proof of residence. However, we…
-
hmrc not with it
just came off the phone to hmrc i asked can i use my personal allowance for any interest i make in savings account and the answer was no max £1000, i did explain if i am not working can i not use the savings against that and ans was no yet on there website you can
-
Share certificates from a deceased family member
Recently discovered various share certificates from a deceased family member. How do I check the companies are still valid and how do I sell these shares after probate ?
-
Login problems with Cahoot
I have a Simple Saver account with Cahoot for a few months. Last week, I attempted to login to the account and it would not accept the password that I entered, the one that I normally use. Have always had problems logged in too as was always returned back to the login page every time I clicked on a link. After a few more…
-
New to Crypto - What to do if you make a lot of profit?
I recently decided to buy some crypto (with money I can afford to lose). I'm a complete novice in all areas to do with tax and banking, I just know the very basics. I was wondering if one of the currencies suddenly shot up in price and I made, say £200,000 profit what would the normal man in the street (me) have to do,…
-
Help to save regular payment not showing in help to save account
I set up a regular payment (standing order) to leave my bank account. I copied the account number, sort code and reference exactly as it was. It needed a 'name', so I saw people on here had just named it something like HTS so I did and it came up 'it's a match' on my banking app. Anyway, the money has left my bank account,…
-
Trading 212 shares
Hi all I added £10 to the free £40 but as I'm unimpressed with getting Tesla I've tried to sell but can only seem to withdraw the £10 I put in...?
-
usd to uk bank
hi expecting 6 figure usd sum from usa to be sent to me this week thinking about the dollar / gbp fluctuations not experienced with leveraging currencies options 1. send all $ to my uk bank which will be turned into GBP at the conversion rate they set on the day - all money is therefore in gbp and if gbp falls i lose 2…
-
Gatehouse EA
Opened the account last night. Logged in to both the app and online banking today. Deposited £1 today as a test payment. Everything working fine, apart from the fact there doesn't appear to be an option to actually withdraw money :D What am I missing?
-
Adding £2,880 to pension
If I was to add the maximum for a non earner at £2,880 after this tax year April 7th onwards to my existing small pension pot wait on Gov top up at £720 to be added, can I then withdraw that full amount £3,600 after a few weeks?
-
Gifting Money
My Mum is 100 years old! She only has saving and no property, savings total about £80k. How much can she gift me and me brother? is it only £3k in total? can we back date this? can anyone think of another way of using her money without worrying about the tax man? thanks
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
21.1K discussions
159K comments
Most recent: Virgin cash isa missed deadline by wmb194
Today at 10:24AM
