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Children's Bonds - NS&I Scam - 1990's
In the early 1990's my wife and I invested a few thousand pounds from the little we had at the time in Children's Bonds for each of our daughters. Now they are in their early 30's and needing some funds for the next stage of their lives we decided it was a good time to cash in the bonds. It is not easy to apply for a…
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Cheapest Platform to Buy Gilt
Looking into putting money into a gilt, and want to ensure I am using the most cost efficient platform. What is the cheapest platform to buy a gilt? Is there a platform with a sign up incentive? Does it depend on how much you are putting in? Does it depend on what Gilt you are selecting? If it helps, I will be going for a…
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CGT event?
I see that Interactive
Investor now offer the I class units of WS Blue Whale Growth Acc. My wife and I both
have investments in WS Blue Whale Growth R Acc across our trading accounts. Would changing from R
class to I class by selling the R and buying the I in our trading accounts trigger
a CGT event?
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Savings Accounts
I have noticed that to open many of the savings accounts and ISAs advertised now, you have to have an app to earn the higher rates of interest, no alternative way for opening these accounts is offered. This seems unfair to me, would be interested to know what others think.
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Company Shares or ISA
Hi all, I currently have around £69k in shares with my company, the value has risen from around £9 a share when I started to £28.50 a share currently, peaking at £40 a share early last year. I believe the shares are going to bounce around their current value for the foreseeable. I have the shares split between myself and…
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How to pay tax on savings interest?
Hello I have savings in ISA and the interest is going to be above the PSA £1,000 I thought since this was in an ISA I wouldn't be required to declare anything. However upon reading the article below, it suggests that if I do an annual Self-Assessment (which I do as I rent out my old flat), then im required to include this?…
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Capital Gains - Shares & HMRC
Hi, I made a little money on some shares I've held for a decade or so recently. I'm not a wheeler dealer, but I do owe a small amount of capital gains - do Hargreaves Lansdown (my broker) notify the HMRC for me or do I need to do a self assessment? Ta
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Oxbury notice accounts
Am I right in thinking that interest must compound on this account so in order to withdraw it, you need to serve the notice period?Also factsheet says that money must go from/to linked account. Can anyone confirm if they'll let you do internal transfers from other Oxbury accounts?Thanks in advance.
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Gifting money
So my mum has come into a large inheritance and would like to gift my brother and I 20k each and then would like to give me 8k for my wedding this year. The topic has just come up about gift tax? We had no idea and now are worried about how to go about this with the least amount of tax, especially considering they have…
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What to do with 10,000 at 18?
Hello all, im 18 and going to uni for 3 years soon. I want to pool my money somewhere where i’ll earn more on it without having to manage it a lot. by a lot i mean i don’t want to have to watch it constantly, i don’t mind taking active control sometimes. I was thinking a blue chip stock (namely visa as it has a lot of…
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Property or savings
Is it better to have savings or upgrade to bigger house, (which will inreaase value in future), use some savings, and still be mortgage free. Rather than savings sitting in bank?.
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Insurance money
Hi all My daughter will be receiving a large amount of money from a car accident and I've had the solicitors write to advise I open her a trust fund where she cannot access until she's 18 that will be accepted by the courts. It'll be over 10k. Could anyone point me into the right direction please 🙏 she's 10. Thanks
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Most Tax Efficient Gilt Today
What is the most tax efficient Gilt available today, for the shortest length of time? I basically want to store some money until the new tax year, as I have maxed out premium bonds, and I am getting taxed 40% on what I am earning above the £500 interest.
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Premium bonds for child with learning difficulties
Hello everyone, I'm new to the forum so hopefully you'll cut me a bit of slack if I don't get things right. I'm hoping that one or more of you experienced with premium bonds will be able to help. I have a very severely mentally disabled grand nephew to whom I'd like to give a gift of premium bonds so that he will have his…
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Investing in a New Business
Hi Looking for some advice. My Stepson is in the process of opening a Car repair and Mot garage. He has enough to cover the Deposit and Rent on the premises.He is in the process of applying for an Asset Management Loan, which should cover about 80% of the equipment he will need to get started. I have £20000 in disposable…
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Sharesave help
Hi all, I need some advice about my company sharesave scheme. It matured a while ago and I took the option to have the shares and they are currently sat there with the scheme provider. I could do with getting the cash out but not sure how to go about it without getting clobbered for capital gains tax. Any thoughts would…
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Drug Approval Process
Hello you wonderful and intelligent people that make up this forum. I sincerely hope you are doing well and having a wonderful weekend. I recently have been looking at pharmaceutical company stocks, such as Crispr Therapeutics. I note that it recently had a approval for a breakthrough gene editing therapy for Sickle Cell…
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Vanguard portal change, now doesn't give units or price per unit?
Just logged on this morning and the portal now no longer shows the number of units you hold or the value per unit, it just shows an overall value which is really not helpful if you hold multiple funds. Does anyone know where to find this info, without having to generate a portfolio valuation each time I want to update my…
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Business Investment Account
Does anyone have experience opening a Business investment account? There do not seem to be many providers, and they often cater to larger businesses.
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Moving to Vanguard to save on investment fees
I am a novice when it comes to investments so have relied on a financial advisor to date. I have a pot of around £200k split between a stocks and shares ISA and SIPP. Recent review of costs are working out at 2.1% which seems high in comparison to the Vanguard Life Strategy portfolio. I’m inclined to move but obviously…