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.
Many people think that offshore savings accounts are just for the super rich who want to limit their tax liabilities. However, this isn’t the case and while some accounts have minimum deposits, they can be opened by any UK resident. How exactly do they operate and how can they benefit a UK saver? With an
As a youngster, I thought that if you needed money, you either got some out of your purse or went to the bank. Whilst that is true to a certain extent, it isn’t really the whole picture. If you want your children to grow up understanding the value of money, it’s important to start teaching
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