{"id":6938,"date":"2015-03-21T13:59:05","date_gmt":"2015-03-21T06:59:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-a-savings-revolution-coming-be-prepared\/"},"modified":"2016-03-05T17:17:24","modified_gmt":"2016-03-05T10:17:24","slug":"theres-a-savings-revolution-coming-be-prepared","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-a-savings-revolution-coming-be-prepared\/","title":{"rendered":"There\u2019s a savings revolution coming \u2013 be prepared"},"content":{"rendered":"


\nThe budget saw the chancellor do away with tax on deposits, putting the humble cash Isa\u2019s existence in danger and opening a number of avenues for canny saversThis week George Osborne handed savers the biggest tax break in decades. Some people will be able to put as much as \u00a372,000 into an account and not pay a penny in tax on the interest. So how should you arrange your savings to take advantage of the new deal?Out goes the tax on the interest paid, which is currently deducted by banks and building societies at source, and in \u2013 for the majority of savers at least \u2013 comes the very welcome prospect of not having to pay any tax on savings interest, irrespective of whether you hold the money in a tax-free Isa or not. Continue reading…
\n
\nSource : theguardian.com
\nRead more…There\u2019s a savings revolution coming \u2013 be prepared<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The budget saw the chancellor do away with tax on deposits, putting the humble cash...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-6938","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1NU","jetpack-related-posts":[{"id":11716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britain-is-a-savers-paradise-but-only-for-the-few\/","url_meta":{"origin":6938,"position":0},"title":"Britain is a savers\u2019 paradise \u2026 but only for the few","date":"April 30, 2016","format":false,"excerpt":"\r We get access to more tax breaks than almost any other developed country, but not everyone has the money to benefitWell-off Brits are living in a savings paradise. There is almost no need to head off to Panama or the Caymans when Britain itself is such a tax haven.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-my-bonus-go-on-overpaying-the-mortgage-or-into-a-high-interest-savings-account\/","url_meta":{"origin":6938,"position":1},"title":"Should my bonus go on overpaying the mortgage or into a high-interest savings account?","date":"November 6, 2023","format":false,"excerpt":"\r Fixed-rate part of deal ends in August and I\u2019m worried about interest rate risesDon\u2019t get caught out by tax on cash interest, UK savers toldQ Our mortgage is split into two parts, as we ported a section of our original mortgage when we moved in 2021. The 2.5% fixed-rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32811,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-savings-options-in-france\/","url_meta":{"origin":6938,"position":2},"title":"Bank Savings Options in France","date":"November 3, 2016","format":false,"excerpt":"\r With base rates in Europe at an historic low these are lean times for cash savers, but government regulated tax-free savings accounts remain the optimum solution.\r \r Source : french-property.com\r Read more...Bank Savings Options in France","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/personal-savings-allowance-changes-should-i-still-get-a-cash-isa\/","url_meta":{"origin":6938,"position":3},"title":"Personal savings allowance changes: should I still get a cash Isa?","date":"March 12, 2016","format":false,"excerpt":"\r The new allowance will let most people earn up to \u00a31,000 a year in interest tax-free. For many, the cash Isa could become pointlessNext month will see a revolution in how your bank and building society accounts are taxed. Until now, your account provider has automatically whipped 20% from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44017,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savings-scottish-friendly-investment-was-a-let-down\/","url_meta":{"origin":6938,"position":4},"title":"Savings: Scottish Friendly investment was a let-down","date":"May 2, 2009","format":false,"excerpt":"\r Tony Levene meets a saver whose not-so-friendly tax-free plan generated a pittanceFifty-six pence - barely enough for a pot of yogurt or a packet of crisps. But that's exactly how much Claire McDermott was told she would get after saving \u00a325 a month over 10 years with Scottish Friendly.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-new-isa-is-offering-tax-free-returns-of-12-so-whats-the-catch\/","url_meta":{"origin":6938,"position":5},"title":"A new Isa is offering tax-free returns of 12% \u2013 so what\u2019s the catch?","date":"February 18, 2017","format":false,"excerpt":"\r The \u2018innovative finance\u2019 Isa is being hailed by some as the answer to years of miserable interest rates. We look at who\u2019s offering them and how they workIt\u2019s the new type of Isa offering returns of up to 12% \u2013 or perhaps even 20% in future. But are rates\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6938"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=6938"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6938\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=6938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=6938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=6938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}