subject: The savings rate – you get the best value for your money? [print this page] We're not talking about serious long-term investment is. It is money that is safe and accessible, preferably with further tax. Could be that the money earmarked for his tax liability, for example.
Thus, natural products, which we spontaneously National Savings (NS & I), and all other accounts held by banks and building societies. But of course it all depends on what the prices are not reallyBetter to pay the debts if it can be your lender?
Cash ISA ignores the quantities that can be saved each year is very small, 3,600 (an increase of 5100 per year from April 2010). However, if these amounts in the range of what you need, it would be nice if someone pays to see them before because they are exempt.
But if, for example, 10,000 100,000 for the park, which is the situation?
Well, look at national saving. IgnorePremium bonds, mutual funds pay the price for the equivalent of 1%, and perhaps might now be considered in the same way as the lottery. Of course there is a great chance of winning a prize of 1 million books, as well as many small amounts each month.
Please note that all prices of crude oil followed, and if you are a taxpayer's highest tax rate seriously called into question, to pay a tax at source 20% and the remaining 20% on the tax return. If you're a basic rate taxpayer, then 20% at sourceApplies only.
R85 If you are a non-passive, and fill out the form to receive interest gross.
NS & I Easy Access Account is now at a very low 0.3% to 0.7%. Compare this with the rates shown.
Other options, which are exempt savings bonds pay a fixed rate of 1.25% to 2.25% in 2 to 5 years. The index linked certificates, you pay only 1% above inflation, and at least they now receive only 1%. Of course, if youbelieve that inflation will increase dramatically, it would be appropriate to consider this option.
It 'been a huge amount of funds invested with NS & I, while the stability of banks is a major problem and many people fled for safety. However, it is set a bit ', apparently because the rates on NS & I offer the poor themselves are now.
Where are you from money?
However, the savings rates of banks and building societies areIncreased. For example, in easy access accounts, ING offers 3.2% and ICICI Bank UK is 3 years fixed rate of 4.6%. A shorter time scale, the Post has a 1-year lending rate to 3.85%.
It brings us back to his thoughts on how the interest rates in the months to come, thanks to, say, 3 years. Your guess is probably as good as us!
