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Savings and Tax allowances
I've just seen a recent post by Martin on Twitter, where he outlines tax allowances and how much we are allowed to earn in interest before paying tax. Now, I was always aware of the normal personal tax allowance (currently £12,570) and the personal savings allowance for 20% tax payers (£1,000). However, I wasn't aware of…
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NS&I - A password tale/warning .
What a palava ! My own fault I got locked out of my account because , tired, I typed in my N.I number instead of my NS&I number in the first login box and repeated first that then the password twice , being convinced it was correct but mistyped . Getting back online when youre locked out (as oppose to forgetting your…
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Betting against "AI".
I started a new job 40 years ago this month. It was an artificial intelligence research centre, part of what was then the Polytechnic of the South Bank in London. I note know the huge enthusiasm about how AI is about to change our lives, and revolutionise valuations. I am quite the skeptic: I'm not convinced that the…
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Are ISAs better for low or higher rate taxpayers?
We are a married couple with approx. £30k we want to put into ISAs until we're ready to do home renovations. I work part-time and earn below the tax threshold so I'm a non-taxpayer. My spouse is a higher rate tax payer. Should we put the majority of the money into an ISA in my name or my spouse's name? Or should we just…
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Slowest postal Building Society for you?
Mine is Mansfield. Each and every time you wonder if they've lost the passbooks, application forms. Glacial speed.
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Buying Bitcoin
Not looking for any advice on whether it's a good idea or not thanks ... I want to buy a significant amount of Bitcoin, say tens of thousands. It's not easy! My main bank, First Direct, has limits (supposedly £2,500 in any one transaction and £10,000 in any 30-day period); and I read that Chase, where I also have an…
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Proceeds from house sale
I'm just completing on the sale of a house. I am moving into the other house I own which I have been renting out, this house has £140000 mortgage on it. I will clear 240000 on the sale. This might be a stupid question but should I pay the mortgage off? Or would the interest I'd get off set the mortgage. Either way any…
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Interactive Investor free monthly contributions: which ETFs?
ii says (I'm new here so I can't post links yet but search for interactive investor regular investing and you'll find the page - it seems to cover all their account types but I'm mostly interested in their SIPP): Great, which funds and ETFs? The website (same page) says: Is that a sneaky way to say "you can only do the…
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SJP WILL NOT CLOSE INVESTMENT ACCOUNT PROPERTY FUND AMOUNTS WITHHELD
We moved all of our investments [ISA's, Tessa's etc] to SJF approx 5 years ago. Husband diagnosed with Blood Cancer so refused face to face review after Covid. Phoned SJP & said how could we have been reviewed when husband is 83 & I am 77 & no one considers this questionable to have large [for us] investment still & no…
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Lump Sum Investment Options
Hi Advice on investing lump sum from sale of property in return for monthly income whilst looking for another property? Thanks
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Tax on Savings
I gained £860 interest from a savings account - from opening in September 2023 to closing on 1 December 2024. Will this amount be split between both tax years or deemed entirely as earned in 2024-25? (I have interest from another account that will knock me over the £1,000 limit for tax.)
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Limited Company - LISA/Pension
Hi Im self employed via my own limited company Im able to save around £900-£1000 pm, and at the moment split between maxing Lisa and employers pension contributions Just wondering peoples thoughts on this; carry on or just pay into pension, I get corporation tax relief on this, but also 25% on Lisa - it also isn't taxed as…
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Stolen Inheritance
My grandmother passed away recently and we were surprised to find she had changed her will just before she died cutting my Aunty and her family out of it completely and applied to have my dad (her only other child) as her Power of Attorney. Nan was very well off but she left nothing. It transpired my Aunty was originally…
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Polish share dealing platform
Hi, I am wanting to buy shares in some Polish companies, but I cannot find a share dealing platform that trades with the Warsaw stock exchange. Does anyone know a platform that offer this service?
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Employer investment private equity
I invested a small amount in my employer a few years ago and the money was split into 5 separate investment entities. The business was sold last year and I received a return on 3 of these entities and got the monies physically back, for the other 2 entities the shares in them were reinvested again by way of conservation…
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Chip Wealth Score now in app
Chip has launched a new Wealth Score, massive waste of internal resources imho. if Chip is so worried about building wealth, just give us a better return as existing customers on our savings so we can actually better build our wealth. My score is 333, no email received yet. @flaneurs_lobster
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Investing £100k tax efficiently
Hi all I'm due to inherit some money. At 48 I'm not as carefree with money as I used to be, but I've 18 years left on our mortgage, and I've not paid as much into my pension over the years as I could have. I want to invest this inheritance for 20 years and forget about it. What is the most tax efficient way of doing this?…
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Transferring Shares to my Spouse
It seems sensible to transfer some of my shares to my spouse so we can sell them and each receive our own CGT allowance. My question is about how to transfer them. They are current held by Morgan Stanley in the US, they trade on the NYSE. Do I need to actually need to 'transfer' the shares anywhere or can I just document…
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CGT on shares.
So I'm having a little trouble working out profits on shares I've sold from 2 companies. The original purchase date was back in the 90s for one. Over the years the shares have changed so the original 200 shares turned into 126. I think they were reissued for whatever reason But how do I work out what price I got them for?…
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Coventry BS 5/6/8 Access Saver
Just opened the Coventry BS app up and it lists a 5 Access Saver Online Monthly, I'm trying to work out what the account was before, any ideas?🤔 Could it be a Triple Access account? 🤔, that's the only thing I can think of, website doesn't seem to help on closed accounts page just says simplifying savings programme, account…
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Most recent: ISA and savings help please by fuzzzzy
26 October at 11:52PM
