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Dividends &Tax
Good morning all. My wife currently earns approximately £10k a year so doesn't pay income tax. Am I correct in thinking that any dividends she receives are included in her personal allowance? Does she also receive the £1000 dividend allowance on top? In other words rather than just having the £1000 dividend allowance she…
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funding Raisin question
Hi, I sent small amount to Raisin its coming on Raisin account as pending transfer and in transactions its coming up as completed , does it have to come up as avaliable ? or is it normal untill I send full amount that I agreed on ? as the rates have gone lower I have till 26th october to keep the original rate Thanks
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Gilts
There's an interesting piece on Sky news about the market in gilts and treasuries. They're saying that the reasons for government interest rates increasing are 1 The projected BoE and Fed rates will stay high through 2024 Instead of dropping quite quickly. 2 Government borrowing will be high for the immediate future. 3 The…
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Hargreaves Lansdown active savings
I have a Sipp and ISA with HL and today noticed the Active savings hub, basically you can have various savings accounts via this hub so you can just use one log in. They have an Easy access account with Allica paying 4.4% currently, so for 5 minutes faffing online, our joint EA account paying less than 2% is now in there…
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Woodford > LF Equity Income Fund > Class actions
There is a number of legal firms recruiting investors in the Woodford LF Equity Income Fund for potential class-actions on no-win no-fees basis. How would an investor wishing to seek recourse choose from the list of legal firms? Would each legal firm pursue an individual action or would the cases be co-joined? Does…
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Poor Investment Product Performance. Any recompense?
Has anyone else been conned by so called "Independent" Financial Advisers selling you investment policies which then turn out to be poor investments due to being front loaded with charges and with large exit fees where they keep most of the funds?In my case, I was sold three different Hansard Europe/Global products, which…
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Disney Shares
I am the registered holder of 350 shares purchased at a cost of £347.50 in 1994. This was as an entitlement for owning 100 original issue shares. The purchase was completed within the stated time frame and a deposit receipt issued. In 1997 I moved to my current address and I no longer received any information about Euro…
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Club lloyds monthly saver matured
My club lloyds monthly saver matured yesterday. it automatically changed to a standard saver earning pittence interest so moved the money to Santander savings account earning 5.08%. I opened a new Club lloyds monthly saver today. However, when i try to deposit £400 it gives an error 'the payment exceeds the montly limit…
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UK Gilts within SIPP
Hi, I’ve read some of the excellent advice on other threads about UK government bonds but have a couple of questions if anyone can give some guidance. For years I’ve ignored direct holdings in gilt funds because of the ‘return free risk’ profile that ultra-low interest rates created in the space. Now the picture has…
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Charter Bond Maturity?
I have a fixed rate bond maturing in 2 weeks with Charter. They emailed me yesterday to say that I can choose what to do with the funds, through “maturity options” when I log in. When I do this it gives me about 5 different accounts to choose from , one of which is an old easy access issue 38 it does not give the current…
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monthly or yearly interest on savings?
any thoughts on which option to choose? im opening a virgin defined saver
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Santander blocked my account without any reason
Santander blocked my account since 14th of April. Yesterday, the accounts have disappeared from Internet Banking. I have called them and been to the branch. All they say is " We cannot provide any further information and if and when the situation changes, they will get back to me". I had most of my savings there and am…
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Cash or bonds?
My son has £87k set aside for when he and his wife (the eagle
eyes among you will notice he’s got married since I last posted about this) buy
their first home. All except £30k is wrapped in ISA/LISA. They currently live
in Paris, will probably be there for a while and property prices there are
astronomic. So maybe they…
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Virgin Fixed Rate Cash ISA Maturing - Options
I have a Virgin Cash ISA maturing and I wanted to put the proceeds into their Defined Access Cash E-ISA at 5.06% interest, but unfortunately that is not one of the options available. The only Easy Access Cash E-ISA option available for the matured funds is one at 3% interest. If I have to take this option, will I then be…
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Ulster Bank questionable customer service - claims account can only be closed in person, in Belfast
Like many I expect, after seeing the Ulster Bank 5.2% easy access savings account in the weekly emails I applied for one several weeks ago. Immediately they took all my details and had me do an ID check with their provider HooYu which involved me sending a scan of my passport and a video of my face. Initially all seemed…
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NON-Independent FA
Deleted by myself
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One year fixed rate bond
Hi I took out a one year fixed rate bond last October that is due to mature but a 5 months ago I decided to move to Spain and have a NIE residence card, can I continue investing my bond for another year with no changes or do I need to withdraw it as I am no longer tax resident in uk?
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Best way to avoid paying tax on savings
I got so focused on getting the best accounts that i lost track of the interest. I'm going to go over my 1k PSA. Here are the ways i can think of to try to reduce it as much as possible: * I'm waiting until the end of this month for my monthly saver to mature to max out my ISA. *Open more monthly savers that will take…
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Interest exemption if pension contributions put pay below 50k?
Hi all, Hopefully a simple one: at my new job I earn a bit more than 50k, which would normally put me in the 40% bracket, but I'm contributing the maximum to my workplace's private pension, which puts me a bit below 50k. Am I right in thinking that for purposes of interest on Savings accounts my tax-exempt rate would then…
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Where to invest an inheritance that I don't immediately need
I've recently inherited around £20k. I'm a low wage earner with no other savings or investments - but I'm fortunate enough to have no immediate need for the money. Where would be the best place for me to put it? * Main goal is simply have it earning more than it would do in my regular savings account. * I'm happy to have…