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Tag: savings tax

Finance

Martin Lewis tells savers of ‘£1,000 rule’ and says moving cash is ‘no brainer’

  • By Robertson
  • January 5, 2026

Personal finance expert warned against people putting their money in dangerous place with little chance of compensation …

Tagged 000 rule, 1, 2024, Financial advice, Martin Lewis, Money Saving Expert, savings, savings tax
Finance

New savings tax alert as expert warns of £20,000 limit as adds ‘helps you shield’

  • By Robertson
  • January 3, 2026

People can end up paying tax on their saving interest if they don’t watch out …

Tagged cash isa, Financial Services Compensation Scheme (FSCS), Martin Lewis, personal savings allowance, savings, savings tax
Finance

Rachel Reeves set to target millions of Brits with £2,300 savings tax

  • By Robertson
  • August 5, 2025

Figures released by HMRC show that 2.64 million people could be hit by the tax. …

Tagged HMRC, interest rates, personal savings allowance, Rachel Reeves, savings, savings tax, tax, taxes
Finance

HMRC to contact 887,000 savers with over £3,500 in the bank

  • By Robertson
  • May 11, 2025

Many savers may be unaware they’re at risk of a tax charge. …

Tagged Fixed-rate savings accounts, HMRC, income tax, interest rates, investing, ISA, money saving, personal savings allowance, savings, savings interest rate tax, savings tax, savings tax news, savings tax threshold, Tax liability on interest, taxes
Finance

Millions of Britons newly hit with this tax – here’s how to avoid it

  • By Robertson
  • February 23, 2025

Many people may not be aware they could become liable for the tax. …

Tagged savings, savings account tips, Savings Individual Savings Account (ISA), savings interest rates, savings latest, Savings money tips, savings news, Savings Personal Savings Allowance, savings tax, savings tax tips, savings tips
Finance

UK savers face up to £360 HMRC tax bill after Cash ISA change

  • By Robertson
  • February 22, 2025

HMRC tax demands could ask savers to pay up to £360 each. …

Tagged cash isa, personal savings allowance, Rachel Reeves, savings tax
Finance

How much money you will lose if Cash ISAs slashed to £4,000 by Rachel Reeves

  • By Robertson
  • February 21, 2025

Cash ISA limits could be about to be slashed to just £4,000 by Rachel Reeves, landing UK households with fresh tax bills. …

Tagged cash isa, personal savings allowance, Rachel Reeves, savings tax
Finance

UK savers warned ‘act now’ as quarter of people making major tax mistake

  • By Robertson
  • February 18, 2025

Savers have been warned their window for final contributions is closing …

Tagged income tax savings interest, inflation impact, ISA allowances, isa cut, isa good, ISA Rachel Reeves, ISA savings, savings accounts, savings accounts interest, savings tax, Tax-free savings, UK savers
Finance

800,000 more face ‘unexpected pitfall’ as extent of stealth tax raid unveiled

  • By Robertson
  • January 26, 2025

New analysis has highlighted just who will be affected by the tax change …

Tagged extra tax, income tax, Income tax brackets, ISAs and tax planning, more tax, Personal tax allowance freeze, savings interest tax, savings tax, tax, tax on interest, Tax on Savings, tax raid
Finance

Martin Lewis’ MSE says avoid tax on savings legally with NS&I Premium Bonds account

  • By Robertson
  • December 19, 2024

Martin Lewis’ Money Saving Expert tip says you can avoid tax legally with a new NS&I savings account. …

Tagged 2024, avoid paying tax, I, income tax, Martin Lewis, NS, premium bonds, savings accounts, savings tax

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Recent Posts

  • Federal Judge Upholds New Jersey Order to Bar ICE From Some State-Owned Spaces
  • Amish Country Is Seeing a Major Measles Outbreak. RFK Jr. Is Making It Worse.
  • Diesel Prices Reach New High Over Labor Day Weekend
  • Israel’s Quadcopter Drones Have Become a Weapon of Everyday Killing in Gaza
  • 25 Years After 9/11 Attacks, New Yorkers Still Struggle With Exposure to Toxins

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