We are a team of independent financial advisers based in Ely, Cambridgeshire. We specialise in providing unbiased, independent advice for individuals, businesses and trusts on investments, savings, retirement planning, long term care funding, inheritance tax planning, protection (for example life assurance, private medical insurance, critical illness cover) and mortgages (including lifetime mortgages).
Trevor Honey founded the company in 1988 and we have grown steadily over the past twenty five years, adding a number of additional advisers and expanding into new offices twice until we reached our current home on the Lancaster Way Business Park, 5 minutes from the centre of Ely.
A community and family ethos is at the centre of what we provide for our clients.
Latest BlogPosted on: 15th May 2013
You pay tax on your savings interest in the tax year that the interest is paid to you, or credited to your account, even if you’ve earned part of it in previous tax years. Savings income normally has 20 per cent tax taken off before you receive it. This is confirmed by the entry ‘net interest’ on your bank or building society statement. Your bank or building society should send you a ‘Certificate of Tax Deducted’ or a statement containing this information after the end of each tax year (5 April). If you need one but haven’t received one, just ask. You can also often get the figures you need from your passbook or from your statements of account.