Martin Lewis's urgent warning to anyone with £10k savings

Dec 6, 2024 · Money Saving Expert guru Martin Lewis has issued a stark warning to savers with £10,000 in the bank, cautioning that they might be hit by tax due to the current high interest rates.

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Martin Lewis's Urgent Warning To Anyone With £10k Savings

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Dec 6, 2024 · Money Saving Expert guru Martin Lewis has issued a stark warning to savers with £10,000 in the bank, cautioning that they might be hit by tax due to the current high interest rates.

mirror.co.uk

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Martin Lewis Gives Tax Charge Alert To Anyone With £10,000 In Savings

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Nov 7, 2024 · As reported by Express.co.uk, Lewis explained that a basic rate taxpayer with £20,000 in savings could owe tax within 12 months. Moreover, a higher rate taxpayer, …

mirror.co.uk

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Martin Lewis Issues Urgent Warning To Anyone With £10,000 …

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Nov 13, 2024 · Martin Lewis has issued an urgent warning to anyone with £10,000 or more worth of savings in the bank. The Money Saving Expert founder, who's been offering free budgeting …

ladbible.com

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Martin Lewis Issues Savings Warning To Anyone With £10,000 In …

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Nov 8, 2024 · Martin Lewis issues savings warning to anyone with £10,000 in their account. The consumer expert has explained when you have to start paying tax on your savings and the …

chroniclelive.co.uk

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Martin Lewis Issues Warning To Anyone With £10,000 In Savings

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Nov 7, 2024 · He pointed out that a higher rate taxpayer, anyone earning £50,270 annually, could start owing tax with just £10,000 saved up, reports the Express. Martin stressed: "So look, …

bristolpost.co.uk

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Martin Lewis Issues Warning To Anybody With £10,000 Sat In Bank …

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Nov 7, 2024 · Martin Lewis has issued a warning to anybody with £10,000 sat in a savings account. The BBC Sounds podcast host spoke out on ITV The Martin Lewis Money Show, …

birminghammail.co.uk

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Martin Lewis Issues Warning To People With £10,000 In Savings

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Nov 6, 2024 · Martin Lewis has issued a warning to people who have £10,000 or more in their savings account right now. By Alex Evans , Deputy Audience Editor 22:01, Wed, Nov 6, 2024 | …

express.co.uk

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Money Saving Expert Martin Lewis Issues Warning For Brits

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Jul 25, 2023 · Martin Lewis issues urgent warning to anyone with £10,000 savings in the bank; Martin Lewis issues warning over little known rule to anyone returning unwanted gifts; Martin …

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Martin Lewis Issues Warning To Anyone Who Earns £50,000 Or More …

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Martin Lewis has issued a warning to anyone who earns £50,000 ahead of HMRC fines. The BBC Sounds and ITV star spoke out on Twitter, now X, in his daily social media poll for his followers …

msn.com

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Martin Lewis Tells Brits With £8,000 In Savings To Check Their Bank ...

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Jul 31, 2023 · Martin Lewis has issued a warning to anyone with more than £8,000 in savings. ... The top pay 5.7%, and with rates rising, anyone with £8,000 in savings, check now if your …

mirror.co.uk

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Martin Lewis Issues Warning To Anyone With A Blue Or Burgundy …

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1 day ago · READ MORE: Martin Lewis' MSE says Santander and Nationwide customers waking up to free £175 READ MORE: British Gas issues 'important' warning to 47,000 customers …

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Martin Lewis Issues Tax Warning To Anyone Who Earns £50,000 Or …

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Money-saving guru Martin Lewis has dropped a bombshell for those raking in £50,000, with a stark warning about looming HMRC fines. The BBC Sounds and ITV heavyweight took to …

msn.com

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Martin Lewis' MSE Issues £165 Warning To Amazon, Sainsbury's, …

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3 days ago · Martin Lewis and his Money Saving Expert team have issued a £165 warning to Amazon and Sainsbury's shoppers. The BBC and ITV star's team at MSE have explained how …

yahoo.com

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Martin Lewis Issues Warning To Anyone Booking A Holiday

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2 days ago · Martin Lewis' MSE issues warning to anyone shopping on eBay Up to £2,000 power cut compensation as amber alert extended across UK Common mistake means pensioners …

express.co.uk

FAQs about Martin Lewis's urgent warning to anyone with £10k savings Coupon?

Why is Martin Lewis urging savers to act now?

Martin Lewis has urged savers to act now to maximise their money. Earlier this month, the Bank of England announced the base rate was dropping from 5 to 4.75 per cent - the second reduction of the year. ...

Who is Martin Lewis?

Martin Lewis has issued an urgent warning to anyone with £10,000 or more worth of savings in the bank. The Money Saving Expert founder, who's been offering free budgeting advice to Brits for yonks, is back with another important reminder. Over the past few years, Lewis says that the rules in regard to interest on your savings has changed. ...

Does NS&I have a savings crisis warning?

Got A Story? Martin Lewis has issued a savings crisis warning to anyone with money in the bank. It comes as easy-access rates drop to new lows and NS&I gets ready to slash payments to almost nothing at all. ...

Should millions reopen cash ISAs?

Speaking on the latest episode of The Martin Lewis Podcast on BBC Sounds, Lewis said: “It’s time for millions to reopen cash ISAs. “The top pay 5.7 percent, and with rates rising, anyone with £8,000 in savings, check now if your money’s in a cash ISA. Martin Lewis has urged Brits to check their savings accounts. Credit: ITV ...

Should you buy an ISA if you have a £8,000 savings account?

Lewis is advising people to shop around to find the best rates which could mean they benefit from increased interest rates. His latest advice applies to anyone who has savings of £8,000 or more. Lewis explained that savers will get a better rate of interest in an ISA than an ordinary savings account, due to tax. ...

What happened to the Consumer Price Index in May?

You can read the latest updates here. The Office for National Statistics (ONS) announced on Wednesday that the Consumer Price Index (CPI) fell to 2.0% during May - down from 2.3% in April. Moneyfactscompare.co.uk is also encouraging savers to check their rate to ensure they are getting a return that beats inflation. ...