If you have a business current account and your business is doing well you may have quite a lot of money sitting in your current account which isn’t earning you the interest it should be, business saving accounts act in exactly the same way as your personal account except they are designed solely for businesses.
Online Savings Accounts
If you earn over £9,440 (current threshold for 2013/14) per financial year, you have to start paying tax on income. While this is most commonly for your salary, it also includes any interest earned on savings. In order for your savings to generate as much as possible, it’s important to take advantage of tax free
If you’re considering opening up a savings account to provide for your little one in the future, or they want to get started on saving from a young age, you’ll need to find the right savings account. The majority of banks and building societies accounts for children. They trend to work in the same way
Whether it’s a first home or a house move, saving for a deposit is an important part of buying a property. With the mortgage market still fairly unstable, the best deals are reserved for those with large deposits. How do you budget and plan effectively to help you save more? According to the Halifax House
We are generally becoming much better at saving money and cutting back on luxuries. The days of endless cheap unsecured loans, full employment and live-now-pay-later lifestyles are well behind us, with the cold hard reality of thrift now playing an important part in most people’s lives. The trick to dealing with this is to find
If you’re already struggling to pay the bills or just break even every month, it can be hard to put money aside savings for a rainy day. There are often more pressing priorities and you might just hope that the rainy day never materialises. How much should you ideally have saved for an emergency and