Premium Bonds, Equitable Life & Dirty, Clean and Super Clean

With stock markets stabilising after recent volatility it is time to pause for breath and comment on a number of miscellaneous investment issues. Premium Bonds From 1/8/13 Premium Bond prizes have reduced the total payout, the number of prizes and the effective interest rate. For example the total value of prizes will be 13.6% less in August than July. According …

Tax Raid on Your Investments

As Cyprus reels from a tax levy on deposits over 100,000 Euros and the reverberations and fears spread around the EuroZone, on the 25th March HMRC launched a little known tax raid on your investments. They have deemed that rebates from fund management group to clients are taxable payments and have instructed that providers and other intermediaries to levy 20% …