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BITCOIN
Is investing in Bitcoin really worth it or is it all just a scam ?
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Top Easy Access acs Ranked: Top of The Pots - **No Chat**
I've had a few suggestions/requests to start a separate 'No Chat' thread, as the ToTP list gets drowned in 'chat' in the 'Top EA discussion' thread. The aim is to maintain an easy-to-find ranked list of the c.Top 10 available to open & manage online Easy Access accounts, with links. The purpose of this thread is to ONLY…
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Dollar cheques
Any advice about bank accounts that accept dollar cheques? Just $20 and $35, and would be charged £20 to pay in. I've heard about an internet account somewhere???
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Notice Accounts
I can't see any dedicated thread for Notice Accounts, so here we go. My question for all knowledgeable people in this forum is whether anyone has any experience with Allica Bank, I currently have a Zopa smart saver account and, so far, can't fault them really, but Allica are offering 2% for 95 days notice compared to…
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S975 Certificate - Wrong figure quoted for Gross Interest
I recently requested from NW an S975 (2023-24) for a loyalty
savings account that I have held with them for a number of years. This arrived in good time but the Gross
Interest figure quoted was exactly double that which NW paid into the account
in December 2023. No other interest was
credited to this account during the tax…
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Shin Nippon woes...
I have been a happy long term investor (ISA) in BG Shin Nippon but they do seem to have lost their way recently. I have four investment tranches. First two in positive territory ( just ) but the more recent ( just a few years less invested) quite a loss. Overall negative territory. Anyone with insight into why such a big…
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Profits from trading/crypto/trading, how are they taxed?
My assumption is that profits from stocks/crypto/trading are free from CGT as long it's within the £20K per year limit in an ISA? If you max out the ISA allowance it will count as a personal income so it will be taxed normally? Please correct me if I'm wrong
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eToro withdrawal doubts
Hello, after ages of having some money in Etoro (about 900 usd) I have grown tired of it and I want to withdraw the money and try to pay as little withdrawal fees as possible. If I remember ok I deposited the money with PayPal, but I am not sure if I was asked to fund through debit card once. Question is that eToro won't…
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Inheritance
I found out recently that I am going to inherit some money from a family member, when I say 'some money' the amount is £70,000 I am 41 and a basic rate tax payer with a mortgage that has 19 years left. I did think about sending some to the mortgage but the rate on that is 3.94% and I have a savings account that is…
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Cynergy Bank
Cynergy Bank 1 yr Fixed rate bond now up to 4.95%
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What is best to use - dividends or savings
I have my own business- I don't know what to do with the money in the business. I have savings in my low interest paying bank account,
I think I will pay interest on my savings as it is over £35k. We want to do house works and pay for a new car etc in the
future. Would I be better off paying myself dividends – getting…
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Plum problems
Been happily using Plum for auto saving for several years. Save over £5k with no issues. I recently (22nd June) moved some money from one Plum account to another to then move to my current account. The money left plum account B and is showing in plum account A but has not cleared. I've contacted Plum 3 times now and each…
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Aviva Long Gilt S^ fund
Hi, I am no pension or investment expert but I'll to to explain... I have a pension fund with Aviba based on a "lifestage" approach to investment./ Basically that means that, as iI approach retirement age, Aviva will "automatically" (their word) invest in less risky funds to protect my pension. there is a bit more detail…
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13th Regular Savings Payment Trick
Just wondering if there's a list of providers that allow/don't allow it somewhere just like you have lists for other things on here. Thinking it might be useful.
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Helping Mum plan to reduce exposure to Tax on Savings Interest - thoughts invited
Hi, this is my first post here. It is primarily to do with savings and tax on interest, although there are also elements of inheritance and mortgage about it too, so I hope I’ve posted it in the correct place. Also, sorry for such a long post. I appreciate it covers a lot of ground and I’m sure it looks a bit “amateur…
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Who to turn to
I divorced late in life and, regrettably, allowed my husband to manage out money. That has left me with 2 problems: one that I only have a small amount of capital and two that I am owefully ignorant about investing. My instinct is to turn to financial advisors but they take one look at my small amounts and basically say…
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Regular savers ending - can I open a new one?
So my regular savers with Skipton, First Direct and Halifax are coming to an end next month 😕 Am I able to open another one as soon as the old one has ended? Also - do they automatically close it? How do I get my money back? Is it going to ask for maturity instructions?
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Edinburgh Small Companies Trust PLC Share Certificate & Sale
Hi, When my dad dies I inherited shares in Edinburgh Small Companies Trust. I know want to sell a number of these Shares (only a partial sale to keep me under the CGT limit). The Share Certificate I have is the original from 2007 for Edinburgh Small Companies Trust. I understand the Share are now known as abrdn UK Smaller…
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1257L for 2024 versus tax on interest on savings
Through PAYE, if you are on 1257L tax code in Apri 2024 (first pay slip), but you know that your interest on savings exceeded £1000, when should I expect HMRC to correct the code (if ever)? It's only really since 2023/24 that interest rates have shot back up where you can get 5%+ thus taking some people over the allowance.…
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Giving away shares
My mother kindly informed me she'd like to split up some of her shares with my sister and myself. I wasn't sure if she can just transfer them to us. They are held with an online share dealing account. Obviously we'd need online accounts of our own, but are there other issues we have not thought of ? Many thanks in advance.