All in one Savings Platform

DoneWorking

What is the best all in one Savings Platform with the most savings accounts available 
Is Flagstone ok
Or do you suggest other alternatives 

eskbanker

Competitors include Raisin and Hargreaves Lansdown, so have a look at those too - it would surprise me if one could reliably be categorised as 'best' on an ongoing basis, so the most MSE approach will continue to be to choose the best account for your requirement(s) when needed, rather than aligning with one particular provider or platform.

Bigwheels1111

Used Raisin for 4 years now, all ok.

Albermarle

Bigwheels1111 said:

Used Raisin for 4 years now, all ok.

Has it ever been clarified who is reporting the interest to HMRC - Raisin or the actual savings provider?

( Same applies to HL, Flagstone etc) 

masonic

Albermarle said:

Bigwheels1111 said:

Used Raisin for 4 years now, all ok.

Has it ever been clarified who is reporting the interest to HMRC - Raisin or the actual savings provider?

( Same applies to HL, Flagstone etc) 

Possibly a question for someone who doesn't self-assess. Would be interesting to finally get to the bottom of this.

Bigwheels1111

Albermarle said:

Bigwheels1111 said:

Used Raisin for 4 years now, all ok.

Has it ever been clarified who is reporting the interest to HMRC - Raisin or the actual savings provider?

( Same applies to HL, Flagstone etc) 

I’ve never checked to tell you the truth.
Later this year I plan to ask HMRC for my BBSI statement.
It should shed light on it, as I have a raisin saving account, via ISIS bank that paid interest in February.

DoneWorking

I'm currently using Raisin plus over ten other savings accounts 
I find that getting the interest statements from each bank is a laborious task particularly interest for closed accounts 
Some banks are better than others but generally it takes me until late June before I have all the confirmation info to submit with my tax return

Is there any way to simplify this task 

eskbanker

DoneWorking said:

I'm currently using Raisin plus over ten other savings accounts 
I find that getting the interest statements from each bank is a laborious task particularly interest for closed accounts 
Some banks are better than others but generally it takes me until late June before I have all the confirmation info to submit with my tax return

Is there any way to simplify this task 

Yes, keep your own records of interest paid into your accounts!

DoneWorking

eskbanker said:

DoneWorking said:

I'm currently using Raisin plus over ten other savings accounts 
I find that getting the interest statements from each bank is a laborious task particularly interest for closed accounts 
Some banks are better than others but generally it takes me until late June before I have all the confirmation info to submit with my tax return

Is there any way to simplify this task 

Yes, keep your own records of interest paid into your accounts!

I do But I still need a written confirmation of interest received for each account from the bank to submit with my tax return 

Dazed_and_C0nfused

DoneWorking said:

eskbanker said:

DoneWorking said:

I'm currently using Raisin plus over ten other savings accounts 
I find that getting the interest statements from each bank is a laborious task particularly interest for closed accounts 
Some banks are better than others but generally it takes me until late June before I have all the confirmation info to submit with my tax return

Is there any way to simplify this task 

Yes, keep your own records of interest paid into your accounts!

I do But I still need a written confirmation of interest received for each account from the bank to submit with my tax return 

Where have you got that idea from?

You seem to invented your own rule there, it's not something I have ever heard anyone else do!

Malchester

Dazed_and_C0nfused said:

DoneWorking said:

eskbanker said:

DoneWorking said:

I'm currently using Raisin plus over ten other savings accounts 
I find that getting the interest statements from each bank is a laborious task particularly interest for closed accounts 
Some banks are better than others but generally it takes me until late June before I have all the confirmation info to submit with my tax return

Is there any way to simplify this task 

Yes, keep your own records of interest paid into your accounts!

I do But I still need a written confirmation of interest received for each account from the bank to submit with my tax return 

Where have you got that idea from?

You seem to invented your own rule there, it's not something I have ever heard anyone else do!

No. I keep my own records and am always ready to submit my return on 6th April. Never sent any letters from banks with the information on. Never been asked for them