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Best Pension for Sole Trader earning 60-80K per year.
Hello Wise People of the Forum, I need to set up a pension asap and would value advise on any recomended pensions for sole traders like me. I am 47 and have just a few tiny assortments of pension currently. Total about 8k. I will be coming into some money via the sale of my buy to let flat shortly. Around £350k. I plan to…
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HL Active Savings £100 cash back terms - moving funds
Hi. I opened an HL AS account last week and I've just funded it (via debit card) with £10k. Having now looked at the investment options, I'm a little disappointed to see that my £100 cashback will effectively be closer to £90 due to the start date on the fixed term products (8/7). Can I open a fixed term account with £1,…
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Help with savings to pay kids uni expenses for now
Currently have 1 at uni from Sept hopefully 2. We are somehow going to have to find £1.2k a month for them, which we can't afford but have no choice. We are putting money away each month which we will need to access approx 3 times a year, what's the the best type of account we should be looking for which will allow us easy…
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Advice please
Morning all We borrowed 10k from my parents, with the agreement to pay them back in 5 years. We have been putting £170 a month away in a BoS 3.75% savings account. The interest is monthly. We now see they have a 5.5% monthly savings account, we cannot put the £2k we have saved into it, but we can save £25-250 a month into…
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Individual Gilts
I have the following questions about individual gilts: * Are individual gilts always exempt from CGT currently? * As example, Are individual gilts exempt from CGT even if not held to maturity? * If the gilts price rose above £100, would the part above £100 subject to CGT * Thank you very much
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Shawbrook Bank's Secure Messaging?
Just wondered what recent experiences people have had with Shawbrook's secure messaging service? Have they been slower than normal? I'm sure there used to be an indication of how long they'll take to get back to you, but don't see it on their site any more.
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Savings accounts which accept payments in from a Third Party (not via a 'nominated' account)?
My adult son and I want to set up a savings account in his name (not joint) where I can pay in regular amounts directly, rather than them having to go via his bank account and require him to transfer them. It seems so many savings accounts only accept payments in from the designated nominated account in the same name?
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Are dividend vouchers showing withholding tax available on Interactive Investor
Hi, I have investment accounts with both Hargreaves Lansdown and A J Bell and I'm considering opening one with Interactive Investor. For such a large company HL are VERY poor at providing Dividend Vouchers, which I require as they show the withholding tax on US dividends. It is necessary to send them a secure message…
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Chip Instant Access Account
Chip Instant Access Account Is it possible to close and reopen and benefit from new customer rate
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Developed world All Cap - Avantis Global Equity
Avantis Global Equity UCITS ETF USD Acc I have been looking at this ETF. * (seems) Developed world All cap is the investment universe * Reasonable TER * Well diversified * MSCI World IMI as benchmark. I do realise * relatively new fund, Inception/Listing Date: 25 September 2024, but look at the AUM 214M in only 3 months,…
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withdrawal verification held money with interest loss
I withdrew money on Saturday but it was held for verification until I passed the verification process on Monday. I later found that the 2days holding period have no interest paid to me although the money was still in the Bank, can I claim back the 2 days interest? thanks.
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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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Most recent: Virgin ISA, where can I find it? by Lorian
20 September at 7:22PM
