Category : Search result: taxfree interest


Warning for Brits with £10,000 in bank accounts

Millions are losing money as inflation erodes large cash balances in zero-interest current accounts. Experts urge a switch to easy-access savings or Cash ISAs to protect your savings.

UK households miss out on £4,200 in bank interest

Millions of UK households are losing thousands in potential interest by keeping large sums in zero-interest current accounts. Discover how much you could be missing and the simple switch to make your money work harder.

Nationwide £100 bonus taxed as interest by HMRC

Nationwide Building Society confirms it must report customer details to HMRC over its £100 Fairer Share Payment, classified as interest for tax. Find out what it means for you.

Barclays cuts savings rates on popular accounts

Barclays Bank is reducing interest rates on four of its most popular savings products, including the Rainy Day Saver, in a blow to millions of UK customers. Find out the new rates and effective dates.

HMRC letters for savers with over £3,500

Nearly 900,000 UK savers may receive letters from HMRC to check tax on savings interest. Experts explain your obligations and what to do if contacted.

Big Bank Savers Urged to Move Money for Better Rates

Money experts warn savers with major high street banks like Nationwide, Lloyds, and NatWest could be missing out on far better interest rates offered by online providers. Discover the top accounts now.

NatWest cuts savings rates from January 19

NatWest is reducing interest rates on multiple savings accounts from January 19, following the Bank of England's base rate cut. Savers are urged to review their options.

NatWest cuts interest rates for UK customers

NatWest informs customers of reduced savings interest rates, effective 19 January. The move follows the Bank of England's base rate decision. Learn what it means for your money.

Mortgage Rates to Fall Below 3.5% in 2026

UK mortgage rates are predicted to tumble, with sub-3.5% deals on the horizon as lenders compete. First-time buyers and those remortgaging could see major savings. Read the full analysis.

Mortgage shock for 4.5 million UK households

Nearly half of UK mortgage holders will see bills rise by £768 a year as fixed deals expire. The Bank of England warns of payment shocks despite recent rate cuts.

HMRC slashes interest rate for late taxpayers

HMRC is reducing interest on late tax payments from 8% to 7.75% from January 9, following the Bank of England's base rate cut. Learn the new rates and key self-assessment deadlines.

UK GDP growth slows to 0.1% in Q3

The UK economy slowed sharply between July and September, with GDP growth of just 0.1%. A slump in car manufacturing and falling household savings highlight the pressures. Read the full analysis.

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