There many reasons you may want to give a cash gift to your loved ones. We explain the implications from a tax perspective.
There many reasons you may want to give a cash gift to your loved ones. We explain the implications from a tax perspective.
Every basic rate taxpayer in the UK currently has a PSA of £1,000, which means the first £1,000 of savings interest earned in a year is tax-free and you only have to pay tax on savings interest above this.
Every basic rate taxpayer in the UK currently has a PSA of £1,000, which means the first £1,000 of savings interest earned in a year is tax-free.
A trustee savings account is an account where money is held in trust on behalf of a beneficiary. The beneficiary could be a child, an adult that lacks capacity to manage their own affairs or an institution, and the funds held in trust could be to pay for a child’s education, to fund a house deposit
A trustee savings account is an account where money is held in trust on behalf of a beneficiary. The beneficiary could be a child, an adult that lacks capacity
If you're lucky enough to win one of those draws, NS&I will write to you to give you the good news. However, if they don't have your current contact details, you may not realise your good luck.
If you're lucky enough to win one of those draws, NS&I will write to you to give you the good news. If you haven't updated your details, here is what to do.
From expected profit rate to home purchase plans, there are a number of terms you will have to know if you are to consider a provider which complies with Islamic banking principles. Also known as Sharia’a banking, we explain below how this works.
From expected profit rate to home purchase plans, there are a number of terms to consider when using an Islamic banking provider.
Savings platforms bring together selected savings accounts of many banks and building societies into one place for savers
Savings platforms bring together selected savings accounts of many banks and building societies into one place for savers
Eight times a year, the Bank of England’s (BoE) Monetary Policy Committee meets to decide the UK’s base rate. When this happens mortgage and savings rates will feel the impact, affecting consumers across the board. Below we have explained what the BoE’s base rate means and how it affects you.
We have explained what the Bank of England’s base rate means and how it affects you.
This guide reveals which brands operate under which banking licence, helping savers work out to what degree their savings are protected by the FSCS.
This guide reveals which brands operate under which banking licence, helping savers work out to what degree their savings are protected by the FSCS.
BALANCED. Moneyfacts.co.uk is entirely independent and authorised by the Financial Conduct Authority for mortgage, credit and insurance products.
FREE. There is no cost to you. Our service is entirely free and you don't need to share any personal data to access our comparison tables.
TRANSPARENT. We only receive payment from product providers and intermediaries for quick/direct links and adverts through to their websites.
COMPREHENSIVE. We research the whole market and scour the small print so you can find the best products for your needs.