The Top Regular Savers Discussion Thread

Bigwheels1111

https://forums.moneysavingexpert.com/discussion/comment/82165493#Comment_82165493

That was me until last year.

Around 18k tax free. As I got a job I owe 4k in January. OUCH !!!!

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82165488#Comment_82165488

The previous Principality Christmas was launched in December 2024. Winter version was launched in December 2023.

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82165663#Comment_82165663

Better than the same happening next year I suppose, otherwise that 4k would be 4.4k.

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82165665#Comment_82165665

jd84 is correct about last year. This is for a launch day account

Born2Save_3

https://forums.moneysavingexpert.com/discussion/comment/82165663#Comment_82165663

If your income is purely from savings interest then I think you receive allowances of £12570 + £1000 + £5000 = £18570

So to generate ~£19K annually from savings accounts paying 5% you'd need around ~£400K invested. And if you rent one or two rooms in your house there is another £7K income tax free.

Born2Save_3

Darlington BS RS I4

I'm not sure of the differences, if any, but the account summary sheet is now V2, updated this month. The original version, V1, was updated last month.

Bob2000

https://forums.moneysavingexpert.com/discussion/comment/82165401#Comment_82165401

Yes I realised that now. Been looking at so many saving accounts lately they have merged in my mind. Well least that's one problem l don't need to worry about now.

Will probably fund soon as then if lm accepted. Thank you.

Bob2000

https://forums.moneysavingexpert.com/discussion/comment/82165499#Comment_82165499

Yep will open soon as possible. If lm acceptable. :)

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82165668#Comment_82165668

Principality Christmas

My current one matures on 23rd Oct too. This must be the launch date, I'm sure I opened it on the day it was launched. The other one I have was a roll over from the previous issue so it will mature on 21st December. So far the pattern was Dec-Dec-Oct, we'll see what happens next if anything😀. Principality's generosities have been on decline since the introduction of 6m @5%, so I wouldn't be too hopeful.

Bigwheels1111

https://forums.moneysavingexpert.com/discussion/comment/82165686#Comment_82165686

Bang on, £18,570 + £7,500 room for rent scheme = £26,070.00 tax free is possible.
As I found out when filing my return I did not even need to advise HMRC that I was receiving room for rent.