Online News - Business News - Date: March 2010
Individual Savings Account (ISA)
Use it or lose it. The deadline is fast approaching to utilise your Individual Savings Account (ISA) allowance for this tax year, particularly as the last day of the tax year is Easter Bank Holiday Monday. So for practical purposes the last day will in fact be Thursday 1st April for making use of this valuable relief. With interest rates at an all time low it is even more important to shelter as much as possible from the taxman. For those of us over 50 we can benefit from the increased allowance of £10,200 into a Stocks & Shares ISA or £5,100 and £5,100 into a cash ISA. This is the new limit which will apply to everybody from April 6th onwards.
For more information or advice please contact Peter Blinkhorn on 0113 204 4214 / 0789 427 9292 or email peter.blinkhorn@kirknewsholme.co.uk.
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