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Gilts Understanding
Hi everyone, I was looking at investing in Gilts, but I'm not really sure how they work! I was wondering if someone can help me please. 1. Is it better or easier to invest gilts using a brokerage platform and if so, which one? (as compared to buying them from the Debt Management Office) 2. For example, if I am looking at…
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Gilt ladder
Given that interest rates are mooted to fall to around 3.25% by the end of next year, I’m thinking of getting a gilt ladder in my Sipp for the years 2028- 32 for my early retirement phase . I’ve currently got £40k in a STMM fund and add income from other funds ( £1500ish annually at present) . I will want £48000 income…
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Capital Gains Tax on Staff Share Scheme Proceeds - Moving Abroad?
Hi everyone, I'm hoping to get some clarification on capital gains tax (CGT) implications for my staff share scheme. I'm a dual UK citizen working for a private UK company in London. We have a generous staff share scheme where investments can potentially double (or more) within about four years. I plan to use these…
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Fixed Bond Interest Tax Bill Despite Interest Not Being "Accessible"
Hi all, In a previous thread i wrote about the difficulty in selecting multi-year (e.g. 3-5 years) fixed rate bonds that retain your interest each year and credit it to the account i.e. compound your interest. Back in 2023 I took a long time to select 5 bonds that pay at maturity only as this would be more efficient for me…
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glooverbell -website & company
What do people think of this website & company ? glooverbell.com Someone I know has been referred to this website to invest. Can I have your comments, opinions, expert opinions & analysis. Thanks
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cash alternatives / retirement
Some poor decisions / financial illiteracy, a rubbish accountant and a busy career have left me with a large amount of cash and no pension. Im 54. I have around 200k cash in my business which i'm thinking of maxing out pension contributions in a sip over the next few years (I have a ltd company) im considering global index…
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How much tax on Onshore bond
My wife has an onshore bond that has gained £160,000 in 25 years since starting it. She has no other income. How much tax would she be liable for if she took it all now? I'm confused with starting rate for savings and personal savings allowance. Thanks
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What to do with proceeds from my buy to let flat sale
Hello Everyone, Following advice from the wise people on this forum I have now accepted an offer on my buy-to-let flat and am looking ahead with regards how best to work with the proceeds. After expenses CGT and paying off the remaining mortgage I will have about £300k. My partner and I owe £515k on our home that we live…
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£1m+ Farm Land sale for housing development
What considerations are needed to gain maximum financial return when selling English registered farm land with planning permission for housing to a housing developer. The land is owned by a UK registered company, the company is VAT registered. The recieved capital will be given to a charity on the death of the present low…
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Investment bond, trusts and CGT
Any thoughts on this issue would be greatly appreciated. My father took out an investment bond he bought for my daughter. He put this in trust. There are three trustees: my father, myself and my wife. My father is still alive. My daughter in now an adult. I would like to cash in this investment bond and give her the money…
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Chip easy access 4.85%? I only get 4.75
I opened my Chip easy access in September; I had a note written down that it was giving 5% AER and it would only allow 3 withdrawals. I just opened the app and it says it's paying me 4.75AER; it's unclear if it's including or + the boost, they just say I'm receiving it. I can't find any email saying the were reducing the…
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JISA world tracker recommendations..
Can anyone recommend a cheap world tracker for a Junior isa to buy and leave for the next 10 years bought through the Fidelity website .. looking to buy 3k worth for a relative ...Already has 1k worth of Legal and General tech . Thanks
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Employer financial advice benefit/perk
My employer offers a 'financial advice account' benefit whereby employees can contribute £10-£50 per month and the employer adds a 50% match to whatever figure you contribute. The employee is then permitted to use the funds to pay for financial advice but must be an FCA registered advisor. The contributions are subject to…
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"The Save £12k in 2024" challenge
This is the new Challenge thread for savers in 2024. The challenge starts on 1 January 2024 and finishes on 31 December 2024. Please report monthly and I will record totals on a spreadsheet. Link below. https://docs.google.com/spreadsheets/d/1-frtVz3nhAXAKlcjM5zqNyiLfSopVsc_tPK9Y_r7jPM/edit?usp=sharing You can save £12k or…
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Revolut / Clearbank Savings Account
Hi All, If after some advice. I currently have savings in a Revolut savings account (which in essence is with Clearbank via Revolut). If Clearbank go bust, what am I likely to get back being a Revolut customer (not clearbank)? Will it be everything I have placed into the account (up to and including £85k as per FSCS)? I'm…
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Scottish Friendly Technical issue
I have recently received 2 letters from Scottish Friendly about 2 accounts that I set up for my children back in 2014 after their mother and I separated. The policy payments I made were automatically supposed to increase by 10% each year but this did not happen due to a "technical fault" within their system. In your…
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Living off Interest Spain
We have around 150k left from a uk sale and after a purchase in Spain retirement We want to withdraw and live of this for 2 years, what sort of interest could we see monthly and would there be withdrawal fees, ISA or saving or pension? Thanks
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Timing selling a fund
I have hsbc global funds within a SIPP at II and want to sell them but if I hit trade at the weekend I’m assuming I won’t get the value I currently see which lead me to consider how do you control the decision to sell ie if the value dropped 90% I would t make that decision! Is it correct that if you see a certain value at…
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Short term savings
Good evening I expect to buy a property in the next three months and need somewhere to tuck away my deposit of £200,000 until it is needed. With the FCS regulations, any suggestions as to where I should deposit this money in the short term please?
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Astute Capital
I invested money in an ISA with a UK, London, based Investment
Company for a three year period, April 2019 to April 2022. However, just days
before maturity in April 2022, I was advised by the Investment Company that they
were changing their business model and wouldn’t be paying out ISAs on maturity.
I demanded my money…
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