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Advice please!!!

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
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

Comments

  • kenshaz
    kenshaz Posts: 3,155 Forumite
    Part of the Furniture Combo Breaker
    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]
  • KTF
    KTF Posts: 4,855 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Instead of the Halifax you could put it in A&L as they pay 5.2% at the moment.
  • kenshaz
    kenshaz Posts: 3,155 Forumite
    Part of the Furniture Combo Breaker
    thanks for that
    [FONT=Arial, Helvetica, sans-serif]To be happy you need to make someone happy.[/FONT]
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