Tag: savings
Savings warning as six million Brits to be hit with shock bill this year
New data shows that millions of Brits could be in danger of receiving huge tax bills on their savings as Britons are urged to check if would be better off saving into an ISA …
HMRC warning to people with over £3,500 in savings account
HMRC could send you a tax bill letter if you have £3,500 in your savings account. …
Building society launches new savings account with bumper 8% interest rate
The new savings account promotes saving “little and often” to kickstart a healthy investing habit. …
We traded £750 rent for £100 bills by making simple move – we save so much every month
The couple are living rent-free and “couldn’t be happier”. …
More than 2.4 million Premium Bond prizes are unclaimed – how to check
There are currently as many as 2,448,758 prizes that are uncollected with a value of £87.3 million, according to NS&I data collated by experts at Which? …
Labour drops plans for ‘gimmick’ British ISA which would have offered tax perks
The scheme, which was drawn up by her Conservative predecessor Jeremy Hunt, would have given British savers tax perks for supporting British businesses. …
HMRC announces major shake-up in the treatment of tax-free ISAs
The move is expected to encourage investment in shares, particularly among young adults, who are keen to buy a stake in high performing tech companies …
Bank issues warning to two million savers missing out on returns – ‘switch to this’
These savers may also be at risk of paying tax on their cash. …
Bank raises interest on easy access savings account to 4.75% and earns ‘excellent’ rating
Experts have described the new interest rate as “enticing” as it takes a more “competitive” position in the easy access savings table. …
Online savings account that offers £100 cashback to new savers
Online savings platforms offer accounts from their associated banks, sometimes with even better rates …
