Warning: Your child’s savings will still be taxed like they’re yours, even after April’s changes
Big changes to savings are afoot from next April. The new personal savings allowance launches, allowing all basic-rate taxpayers to earn £1,000 in interest tax-free (higher-rate £500) from all types of savings (for want of doubt this includes high interest bank accounts and top normal savings).
Becoming a patron of bereaved children’s charity Grief Encounter is uncomfortable
I was recently asked if I would become a patron of Grief Encounter. I have to be honest that initially I was very tempted to say no. Yet a friend of mine is having to deal with the tragic death of his wife at far too young an age (some of you will have read her inspiring Fighting Genghis blog) with two young children who the charity is helping.
What happened to the £10m (now £20m) I promised to donate to charity?
In June 2012 I pledged, when MSE joined the MSM group, that charities would receive £10 million. For transparency's sake periodically I bash out a quick blog explaining what's happening with the money.
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Recent Blogs
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Martin Lewis: Are you an overdraft prisoner? How to escape it
10 June 2019
The old adage - that banks will lend you an umbrella when the sun shines, and ask for it back when it rains - feels like a modern reality for many with overdrafts -
Do I need to show my boarding pass at airport shops? (video & guide)
9 April 2019
It’s one of those niggling frustrations. You want to buy something at the airport and you’re badgered for your boarding pass in order to purchase. Many people ask me if they need to bother, so here’s my quick video answer… Some frequently asked questions… After I originally posted this video on social media, there were a few...
