We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Advice please!!!
Batteryman
Posts: 20 Forumite
I have just finished my 1st year being self employed and have paid my Tax bill (by 31st Jan!!) and have a nice lump sum saved over.
Unfortunaley this lump sum is going to be needed by the lovely tax man later on in the Year (Boo Hiss :mad:) so in fact is not mine to do what i want with.
I therefore want to invest this money somewhere to get a better return than just in the bank account and thinking of an ISA etc
The fund is currently approx £10k (could pay off all my debts with this!!!!!)
I would welcome any advice on what people think is the best option for this and where I should invest.
Thanks for your help in advance
Unfortunaley this lump sum is going to be needed by the lovely tax man later on in the Year (Boo Hiss :mad:) so in fact is not mine to do what i want with.
I therefore want to invest this money somewhere to get a better return than just in the bank account and thinking of an ISA etc
The fund is currently approx £10k (could pay off all my debts with this!!!!!)
I would welcome any advice on what people think is the best option for this and where I should invest.
Thanks for your help in advance
2014 is the year to clear !!!
Need to save money and cut back to pay off debits :eek:
so far = £0 but going to start today.......:A
Need to save money and cut back to pay off debits :eek:
so far = £0 but going to start today.......:A
0
Comments
-
3000 in halifax isa,up to april then the other 3000 after april,the rest in cahoot bonus saver[FONT=Arial, Helvetica, sans-serif]To be happy you need to make someone happy.[/FONT]0
-
Instead of the Halifax you could put it in A&L as they pay 5.2% at the moment.0
-
thanks for that[FONT=Arial, Helvetica, sans-serif]To be happy you need to make someone happy.[/FONT]0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards