Tag Archives: money

Personal Savings Allowance

Personal Savings Allowance

From 6 April 2016, if you’re a basic rate taxpayer you’ll be able to earn up to £1,000 in savings income tax-free. Higher rate taxpayers will be able to earn up to £500. This is called the Personal Sa ...
ERNIE to cut back

ERNIE to cut back

The number of Premium Bond prizes is to be reduced, and National Savings and Investments is also cutting savings rates on a number of its products. From June 2016, the chances of winning a Premium Bon ...