Tag: savings
Inheritance move thousands of wealthy families are making to cut tax rate by 4%
More than half of wealthy parents have taken this step to reduce inheritance tax liabilities for their loved ones. …
Rachel Reeves to pluck tax right out of your bank account – just hand over your NI number
The Chancellor has a lot of tax to collect, and doesn’t want to miss a penny. …
Savings allowances explained as Rachel Reeves approves tax crackdown
People with savings accounts may find HMRC automatically collecting tax because of their interest earnings. …
Halifax says ‘do this first’ when making payments if you have this type of bank card
A customer was concerned Halifax may block their card …
Chase Bank cuts rate for savings from next Thursday in message to customers
The major bank is cutting its savings rate following a Bank of England decision this week. …
Martin Lewis tells anyone with savings to take action from Thursday
Money expert Martin Lewis urged people to act following the expected rates change which was duly announced this afternoon. …
‘Act now’ warning issued to UK savers as £300 at risk after interest rate cuts
You could earn more than £300 extra a year compared to the average rate with an ISA if you do one thing. …
Anyone with £10,000 savings given £300 warning to act today over Bank of England change
Financial experts say that people need to take urgent action to avoid missing out. …
Rachel Reeves set to target millions of Brits with £2,300 savings tax
Figures released by HMRC show that 2.64 million people could be hit by the tax. …
HMRC tax demand letters for savers with £1,000 in current account
HMRC could send you a tax bill letter if you have just £1,000 in your current account on top of non-ISA savings. …
