Peer-to-peer lending, sometimes abbreviated P2P lending, is the practice of lending money to individuals or businesses through online services that match
All savings interest will be paid gross, ie, there'll be no tax taken off. This works for ALL interest - not just savings accounts, but bank accounts, credit unions & peer-to-peer savings. Basic 20% rate taxpayers can earn £1,000/yr interest tax-free. Higher 40% rate taxpayers can earn £500/yr interest tax-free.
Also known as equities, a share represents a share of ownership in a company, and these shares are listed on a stock exchange. When you find a share to buy, you are buying a small stake in a company.