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High interest accounts
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hs2019
Posts: 1 Newbie
I have an amount of money which is for a capital gains tax bill. The bill isn't due to be paid until 2021.
Where would be the best place to put this money until it is due to be paid?
I don't need access to it and wont be adding to it. I just need to put it somewhere for about 2 years where it may gain some interest.
Any suggestions would be welcome...
Where would be the best place to put this money until it is due to be paid?
I don't need access to it and wont be adding to it. I just need to put it somewhere for about 2 years where it may gain some interest.
Any suggestions would be welcome...
0
Comments
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A 2 year term fixed interest account.
Or a 1 year if "about" 2 years means less than 2 years unless someone does an 18 month.
See the banking and saving link above.
You wont do much better than about 2%.0 -
AnotherJoe wrote: »unless someone does an 18 month.
Metro Bank is one example
https://www.metrobankonline.co.uk/savings/products/fixed-term-savings/
Others offered by some small building societies and challenger banks are listed on MoneyFacts.
https://moneyfacts.co.uk/savings/best-savings-accounts/#0
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