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Advice needed on how to save 10K

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hmadeley
hmadeley Posts: 1 Newbie
edited 25 April 2009 at 11:13PM in Savings & investments
Hi all,

First post; any advice will be welcomed.

I have recently come across the sum of £10k. I am in full time education so therefore understand tax is not payable up to a certain amount? [does this apply to savings?]

I am looking to maximise my returns from this money and am not sure what is the best method. Whether i should save in multiple accounts or not etc.

Thanks in advance,

Harry

:)

If i can avoid it, id like to keep it in there for 4 years. I work weekends, and i assume i will become a taxpayer after i graduate in 4 years.

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    How long are you going to keep the money for? Do you have a partime job? How long before you become a taxpayer?
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