ISA Deadline is Looming

An Individual Savings Account (ISA) allows you to save up to £15,000 tax free each year. The payments must be made before the end of the tax year which normally ends 5 April but please note due to Easter, this year it ends Thursday 2 April.

Make sure you use and take full advantage of the full ISA limit and pay all savings in by Thursday 2 April. Also remember that due to changes made in the Autumn Statement your spouse/Civil Partner can now inherit your ISA and no tax will be paid on gains.

There are a wide variety of different ISA accounts on the market; however we would recommend that The Post Office account is the strongest at the moment, as this has instant access with a good interest rate of 1.5% and you can withdraw at anytime.

Our Financial Planners are able to help you with all your savings and planning needs, so for more information or discuss your requirements, please contact them on 01904 464100 or enquiry@garbutt-elliott.co.uk