MoneyWeek on MSN1d
Billions of pounds languishing in low interest accounts as savings rates slashed
Savers are being urged to act as billions of pounds earn paltry interest rates. It comes as interest rates on variable ...
Major bank with nearly 2million customers AXES all savings accounts – what it means for you
A MAJOR high street bank, serving nearly two million customers, is pulling the plug on its savings accounts for all customers ...
UK savers with £3,500 or more have four weeks left to avoid HMRC tax bill
With the end of the financial year looming, Brits are being warned to check HMRC rules, as a ‘significant’ number of savers ...
HMRC savings interest tax rules - when you need to report it to the taxman
HM Revenue and Customs (HMRC) has strict rules on how much interest you can earn on your savings accounts before you need to ...
Cash ISA £2.1bn update as £20k tax-free cap hangs in balance
Savers with a cash ISA paid £2.1 billion less tax in 2023 while savers with a stocks and shares ISA investors paid £5.6 ...
inews.co.uk on MSN2d
Interest rates expected to hold at 4.5% - what it means for your money
The Bank of England is expected to hold interest rates at their current level of 4.5 per cent when its Monetary Policy ...
UK new tax year: 8 ways to protect your savings and pension from the taxman and cut your HMRC bill
The Mirror rounds up everything you need to know before the end of the current tax year that could help you boost everything ...
UK economy unexpectedly shrinks in blow to Rachel Reeves – what it means for YOUR money
BRITAIN’S economic growth fell unexpectedly in the first month of this year. The Office for National Statistics (ONS) said ...
Belfast Live2d
What is an ISA? Everything you need to know about tax-free Individual Savings Accounts
ISAs allow you to save up to £20,000 a year tax-free - meaning the interest you receive will be free of UK Income Tax and ...
FinTech Magazine2d
Allica Bank: SMEs Lose 2.83% in High Street Savings Gap
Allica Bank research shows UK SMEs lose £9bn (US$11.6bn) yearly as high street banks offer corporates premium rates while ...
HMRC savings interest tax rules and when you need to report
Generally, your bank or building society that handles your savings account will tell HMRC how much interest you have received ...