Tag: ISA allowance
Lloyds Bank issues ‘tax alarm’ update to millions of customers
One of the UK’s largest high street banks has sent a message to its customers alerting them to a significant date in the financial calendar. …
Savings provider launches new ISA paying 4.63% interest and earns ‘excellent’ rating
Savers can launch the “attractive” Cash ISA with just £10. …
Cash ISA limit rules from April as savers urged ‘open one now’
A Cash ISA allows you to earn interest on your savings that is exempt from income tax. …
Experts say savers in for ‘rude awakening’ as ISA rates set to change
A new survey found people unaware of tax raids on their savings – potentially costing them money …
HMRC warning over four-year rule to claim back overpaid tax
It has clarified the rules after questions were asked …
TSB Bank shares pros and cons of ISA types to help Britons ‘get most’ out of savings
Different ISAs suit different goals, making it vital savers understand the difference to make the most out of their money. …
Savers urged to max out this allowance and you could get extra £690,0000 tax-free
There are some important allowances to use up before the turn of the tax year in April …
HMRC issues £20,000 warning to anyone with a savings account – full rules explained
A customer contacted HMRC with a query about ISAs, wondering if it was possible to open three in the same financial year – and the tax authority issued a helpful response …
Rachel Reeves’ plot to end ‘ISA millionaires’ with £500k limit on savings
Rachel Reeves has previously argued that ISAs are primarily benefiting high earners. …