-
HMRC and Tax Codes
Hi, my estimated interest for April 2026 - April 2027 outside of my ISA's will be less than £1000 a year. However HMRC have my tax code for 2026 - 2027 as 1207L and deductions as £500? This was because I told them that my interest for 2025 - 2026 would be about £1500. Where do I update this via my HMRC account please?…
-
Abbey Wealth - whats happenjng
I have been with Abbey Wealth for a while now and getting no luck contacting them or getting hold of my advisor. Anyone else having any issues?
-
Capital gain tax for foreign currency on (non-tax-sheltered) brokerage account
Some of the brokerage account can hold foreign currencies directly but I wasn't sure how should the tax be treated if it's non-tax-sheltered. I want to hold some dollars to buy and sell securities, and I don't convert the dollar back to pounds in between different transactions, as I plan to continue to invest on dollar…
-
Close Brothers 12 month bond coming to maturity
Anyone had a 12 month bond with Close Brother before? I have one that is maturing on 4 December this year, that is in 12 days' time but I haven't heard from them to notify me that the bond is maturing and giving me options on what to do with the proceeds. Should I have heard something by now?
-
The Faster Payments Cut Off Times List
Welcome to this thread. The purpose of this thread
is to provide a regularly updated list of the cut off times for faster payments
made into the savings accounts offered by various banks and building societies
to begin earning interest the same day. Given the sheer number of banks/building societies
there's bound to be…
-
Cash-in Pru/M&G New World Life Investment Bond
My wife paid 100 pounds per month into this bond from 1999 until 2022. So total invested is 27600. Its value is now 54800. Its an onshore bond. Her total yearly income is quite small; less than the personal allowance so she pays no income tax. She is resident in Scotland. If she cashes in and withdraws the full amount in…
-
Calculating PSA
Hi, Is there a template for working out your PSA please? Does it include PIP benefit? I work part time, and want to work out if I will be going over with my savings interest.
-
S975 Certificate - Wrong figure quoted for Gross Interest
I recently requested from NW an S975 (2023-24) for a loyalty
savings account that I have held with them for a number of years. This arrived in good time but the Gross
Interest figure quoted was exactly double that which NW paid into the account
in December 2023. No other interest was
credited to this account during the tax…
-
ii SIPP Portfolio X-ray - Management Fee?
I've recently transferred an old pension into a SIPP in ii, and have generally been having a good experience with setting it up, investing in a few mainstream funds, and the low fees. Just one thing that puzzles me. The Portfolio X-ray feature is excellent for breaking down equity distribution etc. But in its "fees"…
-
SVS Securities - shut down?
I tried to access my account this morning and it just times out (eventually). There are some rumours online that it shut down yesterday, but it's not exactly plastered all over the place, and I've never heard of the sites carrying the rumours (so no idea how reliable they are).…
-
Premium Bond Winner ?
im interested in winning premium bond holders , or not as the case may be , please post your winnings and holding as well as length of time held , i have a theory that newer bonds win more prizes , id prefer not to make this a discussion area of that arguement but i would be interested in your winnings just a bit of…
-
Selling Property in UK
I am selling my home in April and not sure when or where I will buy again. Where should I keep the money in the meantime? Are there things I need to know?
-
Freetrade ISA Share Dealing
How do you buy a specific number of shares here? The app only asks for an investment amount so you might not get the exact number of shares you want. EDIT: You can SELL a specified number of shares but how do you BUY?
-
Woodford compensation and No Win No Fee fees
I joined the class action with Harcus Parker for redress from the Woodford catastrophe which to cut a long story short was not heard in court and instead redress was made via FCA. I received the compensation which was a small fraction of what was lost and was very surprised to receive a bill from Harcus Parker for almost…
-
Do banks still send annual statements of interest paid?
After a recent inheritance, I'm facing with having to do self-assessment in order to declare my savings accounts' (multiple accounts) interest amounts, as they total over £10,000/pa, and pay tax on them. I'm not working, so I'm not on PAYE. Do banks still send an annual certificate of interest earned every tax year, either…
-
Bank account for my one year old - who has ownership over his money?
I’ve been putting some money aside for my child who is 13 months old. I set him up with a Halifax Kids Monthly Saver as this was the best rate for 1 year. The money has now been automatically transferred into a Kids Saver with a much lower rate but I really want to get the most interest out of this money before he’s an…
-
How much interest do I owe my son? His savings used to offset mortgage
I have an offset mortgage. I have used my child’s savings to offset to pay less interest. He’s now 18 and I want to give him his savings pus a fair interest ie what his pot would be worth now if he’d put it in a saving account and benefitted from compound interest etc. How do I go about calculating? Is there a formula?…
-
What's the point of the YBS app?
Yorkshire Building Society keeps nagging me to get their app, but what can you do on it that you can't do with a browser? For example, they've just sent me this, which at first implies that you can see all your interest for last tax year 'all in one secure view' but it then goes on to say you have to select your account.…
-
Can I get my tax code changed?
I've had to pay tax on savings interest from the previous tax year so my tax code has been changed accordingly. I've paid the tax owed directly on the HMRC site, but I will still be paying more tax because HMRC expect me to earn the same amount of taxable interest this tax year. I've moved money into ISAs so I know I…
-
Skipton BS - Member Regular Saver
I see the the current Member Regular Saver offered by Skipton BS says you need to have been a member on or before 10th November 2025. Do you have any idea how often this date is updated and by what time period? I am wondering how long I need to have been a member before I can open this member regular saver. When I say I…
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
21.5K discussions
163.4K comments
Most recent: Transferring an ISA from HL by jimjames
Today at 8:56PM
