Saving Tool Advanced - Saving Tool UK Blog (Page 2)

Understanding the Role of NS&I in UK Savings and Investments

Dec 8, 2024 3 min read Cash

National Savings and Investments (NS&I) provides secure savings options backed by the UK government, helping individuals save while contributing to public funding and offering various tailored products.

The Best Ways to Save for a UK Holiday Home

Dec 8, 2024 3 min read Investing

Saving for a UK holiday home involves careful planning, budgeting, and considering financial commitments, while employing strategies like high-interest accounts and potential extra income sources to achieve your goal.

How to Navigate UK Pension Rules After the Lifetime Allowance Removal

Dec 8, 2024 3 min read Pensions

The UK government has abolished the Lifetime Allowance for pensions starting in the 2024/25 tax year, allowing individuals to save more without tax penalties while also necessitating careful retirement planning.

How to Prepare for the End of the UK Tax Year

Dec 8, 2024 3 min read Tax

As the UK tax year ends on April 5, taxpayers should review their finances, maximise allowances, and prepare for tax filing to ensure a smooth transition into the new tax year.

What Are Premium Bonds?

Dec 8, 2024 3 min read Investing

Premium Bonds provide UK taxpayers a unique investment opportunity to save money while having the chance to win tax-free prizes, though they lack guaranteed returns and interest.