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ADVICE RE PSA PLEASE
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Based on what you have said in this thread, yes, put it in to savings account(s), pay the tax with a smile and plan to move 40K per year into your ISAs each April. You might want to consider putting some of it into a 1 or 2 year fixed rate account to tie in the current interest rates, which are expected to go down over then next couple of years but note that fixed rate accounts usually lock away the money for the duration so you have to be absolutely sure you won't need it.dec9 said:
Is it worth just putting the £120K into a easy access 5% (at the moment) interest rate savings account (which would now total £160k) and just pay the PSA tax???0
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