Body & Soul1 min ago
Personal Finance
Can anyone explain equalisation? If I buy an accumulating tracker fund for £100 and sell it for £110, the end-of-year tax voucher might say: Interest £1, Equalisation £4. How much counts towards... ...
I'm going to get my state pension in 2026 which will be a bit more than £11,500 per year. The tax allowance is approx a thousand pounds more than that. Just want to make sure this is right: If I... ...
It was a tradition in Derbyshire - probably elsewhere, too - when I was born for silver to be put in a baby's pram. My parents collected the money and bought premium bonds with it. However, when... ...
How are the executors of an estate expected to identify gifts over the previous seven years? Do they literally have to trawl through bank statements? With the modern paperless world, there might... ...
I want to make some savings for my grandchildren BUT I have to make sure neither of the parents can touch it is that possible?
I have heard that some banks are now offering up to 7% so for each £1000 that would be £70 over the year or £5.83 per month but would that mean for 1st month interest is calculated on £1000 2nd... ...
There are some interesting stats in the article which I reproduce (with my italics) here. It shows the decline in cash usage (claiming it is customer driven, but I have some doubts - perhaps... ...
If he was an unemployed single pauper owing £25 he'd be in gaol by now. https:/
A woman I know will be sixty six next year. She has paid hardly any national insurance stamps. Worked abroad etc. Will she be entitled to pension credits, or any money whatsoever?
Are pension contributions deducted from your pay before income tax is calculated?
In order for her to use her tax free allowance and so I don't go above my tax free allowance. In other words split the draw down between me and my wife....
I wont beat around the bush!! Can the insurance company who are managing my company pension refuse to pay me what is rightfully mine ? I'm 64 now. Anyway I thought I'd get in touch with them to see...
Mrs JtH has received notification that she has a small pension from a company she worked with 25 years ago. It is in the sum of £1,306.52. She has also been given a lump sum figure tax-free. Can any...
Is it cheaper to heat the water for my home in the summer, for one hour, by switching on the water tank (electrically) or by having the gas central heating on and the thermostat so low that only the...
Is this a new thing ?
Evenin'.
Anyone know how long after combining two old pensions with a current one that a person could take the maximum tax-free amount from the new total pot?
Thanks....
I have a joint bank account with my wife. She is soon going to start her own business and she has neither a passport nor a driver's licence. These seems to be the only IDs that banks will accept. So,...
Good afternoon, I need someone to explain to me what I'm doing wrong when I calculate the following savings interest rate. This account is a Digital Regular Saver account provided by NatWest, but all...
I have just been checking my PayPal account. I discovered to my alarm that for a number of Companies I have recently bought from, my PayPal record shows approval for any future payments. I have never...
Hi, I hope someone can advise please. With the new threshold for paying National Insurance rising to £12,750 what happens to your entitlement for a full state pension if you are earning less than...
