Martin Lewis warns many are overpaying tax on savings
Money expert Martin Lewis warns a tax rule quirk could see savers, especially pensioners, overpaying. He explains when savings interest is taxable and urges people to check.
Money expert Martin Lewis warns a tax rule quirk could see savers, especially pensioners, overpaying. He explains when savings interest is taxable and urges people to check.
A $6.25bn donation from Michael Dell for new child investment accounts sparks debate. We explain how 'Trump accounts' work, who benefits, and the concerns over cuts to social programmes.
Money expert Martin Lewis details the 2027 cash ISA limit cut to £12,000, tax rate rises, and why a popular workaround won't work. Plan your savings now.
Michael and Susan Dell commit $250 each for 250 million American children's investment accounts in a historic $6.25bn philanthropic gift. Discover how the 'Trump Accounts' programme aims to build generational wealth.
Savers using Monzo's popular 1p challenge are feeling the pinch as daily deductions exceed £3. Discover why users are complaining and the clever reverse option.
Chancellor Rachel Reeves' Budget hides a savings tax hike. Your personal savings allowance remains, but the tax rate on interest above it is rising. Protect your money now.
Chancellor Rachel Reeves confirms Cash ISA allowance will drop from £20,000 to £12,000 for under-65s from 2027. Discover expert tips to shield your savings from tax and maximise your returns.
Martin Lewis explains how the new 2% savings tax hike from 2027 will impact savers with £20,000. Learn the thresholds and how to protect your money.
Chancellor Rachel Reeves confirms cash ISA allowance slashed from £20,000 to £12,000 in major blow for UK savers. Over-65s exempt from new cap. Learn how this affects you.
Premium Bonds holders are urged to review their savings as the prize fund rate drops to 3.6%. Experts suggest moving funds to easy-access accounts paying up to 4.8% for guaranteed returns ahead of the Autumn Budget.
Chancellor Rachel Reeves is cutting the cash ISA allowance from £20,000 to £12,000. Discover what this means for your savings and the alternative options available to protect your money.
Millions of UK rail passengers to save money as government confirms first fare freeze in three decades, part of the new Great British Railways plan.
Financial planner James Bulman explains why cautious financial strategies risk inflation erosion and how to determine your optimal investment risk level for long-term security.
Research reveals 7 million Brits keep cash at home, missing out on interest and losing value to inflation. Experts urge using savings accounts to protect your money.
Consumer champion Which? reveals its top-rated current account providers for 2025. Discover which banks scored highest and why millions are urged to consider switching for better perks and service.
The UK's FSCS savings protection limit is increasing to £120,000 from December 1st, a 41% boost. Discover how this change impacts your financial security and savings strategy.
A TopCashback expert reveals seven savvy strategies to maximise your cashback earnings this Black Friday. Learn how to save over £300 annually and boost your Christmas budget.
NS&I has announced significant changes to Premium Bonds, reducing the prize fund rate from 1.00% to 0.95% starting in June 2024. Discover how this affects your chances of winning and what experts recommend for savers.
Discover the growing trend of women maintaining secret savings accounts for financial security and independence, with expert insights into this private financial phenomenon sweeping relationships across the UK.
Discover the best savings accounts offering inflation-beating returns this November. Our expert analysis reveals where your money can earn the highest interest rates in the UK market.
A British saver's incredible discovery of £20,000 in lost funds reveals how millions could be missing out on forgotten money. Learn the simple steps to check if you're owed cash.
Millions of UK savers could boost their tax-free savings by £240 with this simple ISA strategy before the April deadline. Discover how to maximise your returns.
Labour's shadow chancellor Rachel Reeves hints at significant ISA reforms to revitalise UK savings and investment culture ahead of potential election victory.
Money Saving Expert Martin Lewis reveals why withdrawing from your Cash ISA now could trigger a devastating financial penalty and what safer alternatives exist.
Exclusive: The DWP is implementing new fraud detection measures for PIP claimants, including monitoring bank accounts and savings. Here's what you need to know about the changes.
Discover which seven British banks are now offering savings rates up to 7.15% as the savings war intensifies, including exclusive regular saver accounts beating inflation.
Digital bank Zopa launches competitive 5.08% easy access savings account, offering better returns than traditional high street banks as interest rates climb.
Exclusive: HMRC confirms new ISA flexibility allowing multiple subscriptions of same type per year - a potential game-changer for UK savers and investors.
Shadow Chancellor Rachel Reeves sounds alarm on investment risks as experts reveal why traditional savings approaches may no longer protect your financial future in today's volatile market.
Discover how one Mirror reader followed Martin Lewis' 1p savings challenge and accumulated over £1,100 in just one month with this simple but effective method.