7th Apr 2025
At Moneymagpie, we’re all about finding savvy ways to make your money work harder, and we’ve recently come across an excellent offer that could reward you with up to £4,000 for transferring your ISA or SIPP. If you haven’t benefited from any tax-year end transfer deal just yet, don’t worry – there’s still some good…
30th Mar 2025
In the wake of recent announcements about cuts to disability benefits and Personal Independent Payment (PIP), many disabled people are scared about what will happen if their income drops and they cannot work, or work full-time. We’ve come up with lots of ways to make money on the side in easy and unexpected ways, even…
19th Mar 2025
If you’re looking for a way to generate passive income every month, an Innovative Finance ISA might just be the secret weapon you need. With interest rates as high as 18%, this type of ISA could help you target a handy £500 per month in passive income—without eating into your capital. In this guide, we…
18th Mar 2025
If you’re wondering where to stash your hard-earned cash for maximum security and growth, you’re not alone. With economic uncertainty looming and inflation chipping away at savings, it’s natural to question whether a Cash ISA or gold is the better safe haven for your money. We recently came across a great article, published by Bullion…
11th Mar 2025
An Innovative Finance ISA (or IFISA) is a tax free savings-account that allows you to invest in peer-to-peer lending platforms and earn interest from borrowers. This type of ISA typically comes with high annual returns, but also high risk! So, are IFISAs worth it and should you open one in 2025? Understanding IFISAs First things…
7th Mar 2025
A stocks and shares ISA is a type of individual savings account that allows you to invest up to £20,000 tax-free into the stock market. Stocks and shares ISAs can be an excellent way to dip your toes into investing as they are typically beginner-friendly and simple to set up. In this guide, we will…
6th Mar 2025
Sponsored post Investing into a stocks and shares ISA is a cheat sheet for tax-free returns. In the UK, you can invest up to £20,000 per year into the stock market, through an ISA, and pay £0 to the tax man! However, many stocks and shares ISAs come with rigid withdrawal guidelines which make it…
2nd Mar 2025
ISA usage has grown in popularity recently, after losing customers when the Personal Savings Allowance was launched in 2016. After that tax break was introduced, ISA use dropped by 13% in a year. Finally, the number of ISA accounts opened has finally risen above pre-2016 levels as a total of 13m ISA accounts were opened…
27th Feb 2025
If you’ve been diligently stashing your hard-earned money into a Cash ISA, recent murmurs from the government might have you feeling a tad uneasy. Chancellor Rachel Reeves is reportedly considering a significant reduction in the annual Cash ISA limit, potentially slashing it from £20,000 to just £4,000. This proposed change aims to encourage more of…
25th Feb 2025
Investing in a Stocks and Shares ISA is a savvy way to grow your wealth tax-efficiently. With the rise of mobile technology, managing your investments has never been more accessible. But with a plethora of apps available, how do you choose the right one? In this guide, we take a look at the top five…
25th Feb 2025
Despite common belief, a traditional pension is not the only way to save for a comfortable retirement. There are actually many different ways that you could save for retirement, including investing in an ISA (or individual savings account). Using an ISA to save for retirement offers tax-free returns on the money that you invest. However,…
17th Feb 2025
In a world where the cost of living keeps going up, planning for your child’s future has never been more crucial. One of the most effective tools at your disposal is the Junior Individual Savings Account, commonly known as the Junior ISA. As we step into 2025, it’s essential to understand how Junior ISAs can…
