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
NS&I. Bonds or stay with ISA
Comments
-
the NS&I 2.2% bond is a maximum of 3,000 GBP to put in0
-
Not any more
- invest up to a total of £1 million per person (or £1 million per trust) per Issue
0 -
Yes, but there may be ways round paying any tax depending on your circumstances. I have inserted a link below to the HMRC web page on tax on savings interest which should help you to determine your possible tax liabiity.Thank you, didn’t realise the interest would be £852.50 per year on £38,750. Would I just pay tax on any amount over £1000 and not the whole amount?
https://www.gov.uk/apply-tax-free-interest-on-savings0 -
Slave_to_the_job wrote: »the NS&I 2.2% bond is a maximum of 3,000 GBP to put inNot any more
- invest up to a total of £1 million per person (or £1 million per trust) per Issue
The 3-year 2.20% bond launched earlier this year was limited to £3,000 per person.
A new and different bond launched on 30th November is also a 3-year 2.20% bond but has a £1 million limit.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards