Tag: ISA
Last minute stampede for ISAs before the Budget – more than 3,000 sitting on £1 million
The rush has been partially caused because Rachel Reeves has previously called for a limit on tax-free ISAs sparking fears of a budget raid …
Rachel Reeves’ plot to end ‘ISA millionaires’ with £500k limit on savings
Rachel Reeves has previously argued that ISAs are primarily benefiting high earners. …
Fears of £20,000 change for ISAs as Rachel Reeves is warned against making tax grab
Finance experts are concerned that the Chancellor could bring down the annual cap on how much people can save in Individual Savings Accounts …
Martin Lewis urges everyone born between these years to put £1 in account now
Money expert Martin Lewis says anyone born in these years must put £1 in an account as soon as possible. …
Martin Lewis issues warning as UK homeowners hit by ‘25%’ Government fines
Appearing on the BBC Radio 5 Live, he warned that many people are being cut short by ISAs and LISAs due to the outdated nature of the scheme. …
Building Society launches Cash ISA with 4.85% interest rate and earns ‘excellent’ rating
The new Cash ISA deal secures a “competitive” position within its sector. …
Savings warning as six million Brits to be hit with shock bill this year
New data shows that millions of Brits could be in danger of receiving huge tax bills on their savings as Britons are urged to check if would be better off saving into an ISA …
Labour drops plans for ‘gimmick’ British ISA which would have offered tax perks
The scheme, which was drawn up by her Conservative predecessor Jeremy Hunt, would have given British savers tax perks for supporting British businesses. …
HMRC announces major shake-up in the treatment of tax-free ISAs
The move is expected to encourage investment in shares, particularly among young adults, who are keen to buy a stake in high performing tech companies …
How to make your child a millionaire by taking advantage of tax perks
Experts say utilising tax-free investments from birth including Individual Savings Accounts and SERPS give the chance to make massive savings …
