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The Personal Savings Allowance was introduced on 6th April 2016. Rather than the previous mish-mash of banks either paying interest to customers net of 20% withholding tax or just paying interest gross, most savers are now granted a tax-free allowance for the savings income. Your allowance is based on your income tax band (2018/2019):
Following the recent emergence of rebranding from challenger banks as they fight for a stake in the growing specialist finance market, John Gunn, Executive Chairman of SynerGIS Capital looks at some examples, and shares his thoughts on why it must be more than just a cosmetic exercise.
According to Will Aid, 54% of parents with children under 18 do not have a will. This is understandable, given the pressures of modern life, combined with it being a subject (like critical illness cover and life insurance) which people would rather not spend their spare time thinking about.
On Sunday the 15th October, the old £1 coins went out of circulation and ceased to be legal tender.
Consumer spending growth slowed for a second consecutive month, and it seems shoppers are being more cautious with their buying decisions. Analysis indicates that the rising cost of essential items is leaving the UK population with less disposable cash for indulgent purchases.
Be SMART to achieve your savings goals. Keeping your targets in focus is important to help you achieve your savings objectives.
Faced with some considerable headwinds – rising house prices, rising rental costs, insecure career prospects, university fees and end of defined- benefit pensions – most parents and family members see the merit in saving for their children from as early as possible.
It’s the same date every year, but somehow, the festive period seems to creep up on us. It’s one of the most expensive times of the year, and GoCompare.com estimate that each British household spends on average, £753 on festivities.
Whilst we’re fast moving towards a cashless society, the change in bank notes, both in look and feel, can’t go unnoticed. One of the most notable differences is the change in material. The new notes are printed on polymer – a thin and flexible plastic material whilst the old were printed on a special paper. And the reason? Apart from the obvious durability aspect, they’re cleaner and more secure, limiting your chances of being stuck with a counterfeit note.
With fraud and cyber offences now making up almost half of UK crimes, it comes as no surprise that the security of personal data and other sensitive information is increasingly becoming the concern of customers and businesses. Here, we’re giving 5 tips to help keep your details safe.
After years of steady appreciation, real volatility returned to global equity indices on Friday 5th Feb. The January US non-farm-payrolls report signalled to the markets that the Federal Reserve will move soon to raise US interest rates and continue the unwind of the decade-long low-interest rate environment.
Keeping track of investment bonds, while incredibly important, can be something of a challenge, especially for those with large portfolios. Monitoring fluctuations and keeping an eye on progress can make all the difference to maximising bond investments, but can often be difficult when lifestyles and workloads take priority on an individual’s time. There are however, many ways to keep track of things in an organized and relatively simple manner.
As the UK moves towards Brexit, its impact on many aspects of life within the UK is being assessed, examined and interpreted across all sectors. A key area of focus and scrutiny is how it might affect personal finances; something which has become the subject of much discussion and debate. Special attention is being paid to how investment bonds in the UK may be altered and the ways in which individuals can ensure that their investments are the best they possibly can be.As the UK moves towards Brexit, its impact on many aspects of life within the UK is being assessed, examined and interpreted across all sectors. A key area of focus and scrutiny is how it might affect personal finances; something which has become the subject of much discussion and debate. Special attention is being paid to how investment bonds in the UK may be altered and the ways in which individuals can ensure that their investments are the best they possibly can be.
Global Investment Strategy UK Ltd, the company behind SynerGIS, has been listed on the 2017 Inc. 5000 Europe.
Back in early 2015, the Pound Sterling topped €1.40, a seven-year high against the Euro. Summer trips to the Costa del sol, city breaks in Paris and excursions around Athens were extremely attractive to Britons venturing abroad into the Eurozone, to take advantage of this belt-loosening exchange rate.
Investing in bonds is something people often consider, but can also view as too difficult for beginners to get to grips with. Breaking the subject down and looking at it piece by piece, however, it is possible to see it is a process that is fully manageable, and one that has the potential to provide fantastic returns for those willing to embrace it.
Getting started in the world of bond trading requires clear understanding of exactly what is right for the situation the buyer is in, and how they wish to control their money. Thinking about access, the levels of risk exposure and timings are all important in bond purchasing, and help to make a decision in terms of what to invest in.
When deciding on which fixed-rate SynerGIS bond to choose, a number of factors can affect your choice. Ultimately, the term length you select should work for you and your individual circumstances.