Tag: savings
State pensioners warned they are ‘at risk’ of staggering £6bn stealth tax on savings
Older Brits are “particularly at risk” of being taxed, as many of them will have saved up “large cash reserves” before retiring. …
UK’s ‘best’ Cash ISA with monthly returns and £1 minimum contribution
A money expert has revealed the best Cash ISA that savers can currently avail of, with monthly returns and a low minimum contribution. …
Chase Bank makes unwelcome change to savings accounts from Thursday
Chase Bank has issued an unwelcome message to all of its customers with the change set to take effect from Thursday. …
Nationwide Building Society to slash mortgage rates by 0.25%
The move follows the Bank of England’s latest Base Rate cut. …
Savings provider offers 4.45% interest on Cash ISA and earns ‘excellent’ rating
An expert has said the savings deal maintains a “prominent” position on the easy-access Cash ISA table. …
Building society offers competitive 6% interest savings account
Savers can still benefit from higher interest rates despite the Bank of England’s latest Base Rate cut. …
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 …
