Martin Lewis shared some thoughts on Premium Bonds on his BBC podcast(Image: ITV) Martin Lewis has explained a case where Premium Bonds are a good choice to build your savings. He said that while he is "not generally the…
Martin Lewis has issued a new statement following the announcement that a key rule of Lifetime ISAs will change from today, saying he's 'pleased the Chancellor listened' to more than three years of campaigning on the issue. The withdrawl penalty…
Millions in London are beyond are sifting through Chancellor John Healey’s Budget to work out how it will affect them. A £100 winter payment for 20million households grabbed the headlines, while many will benefit from the scrapping of standing charges on gas…
By LUCY EVANS, SENIOR MONEY REPORTER Chancellor John Healey has abandoned 'car crash' plans to cut the cash Isa allowance for under-65s in a major victory for the Daily Mail and This is Money The amount that can be funnelled…
Savers will soon get hit by a tax rate of up to 49 per cent on their interest - which could hit those who inherit large lump sums from family members Savers face paying hundreds of pounds more to HMRC from April…
Picture a 72-year-old grandmother who wants to write her granddaughter a check toward a first apartment, then pauses because she has heard the IRS taxes gifts and she doesn’t want the government taking a cut of her generosity. For most…
Stealth tax rises on young adults in work will continue under this Chancellor “Boring”. That’s what everyone said John Healey’s first Budget as Chancellor would be. Not so if you’re a younger adult currently working and trying to build a…
By HELEN CRANE, DEPUTY EDITOR, THIS IS MONEY Chancellor John Healey has mounted a sneaky tax raid on savers and landlords at the Budget. From April 2027, both will pay an extra 4 per cent in income tax on money they receive…
California taxes bank CD interest like wages, but a competing savings option sits completely outside the state's reach. A $250,000 balance turns that legal distinction into a surprisingly large annual gap that never appears on a bank statement. A saver renewing…
The clock starts ticking the moment you inherit an IRA, generally giving you 10 years to drain the account. Before year-end, make sure you're properly managing your withdrawals — and minimizing your taxes. One of my clients, a single woman in her…
Legislation and Politics in Saving Money: the news, the names and what changed.
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