Guide to ISA Changes
Guide to ISA Changes
On April 6 2008, the Government made changes to the way in which Individual Savings Accounts (ISAs) work. The new rules actually make tax free saving simpler and easier to understand, and also see the annual tax free allowance increase.
The main changes are:
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Mini and Maxi ISAs will be replaced by Cash ISAs and Stocks and Shares ISAs,
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The yearly tax free allowance will go up from £7,000 to £7,200, with the cash allowance increasing from £3,000 to £3,600.
But many people are not even aware that the changes are happening, let alone what they are; so to help, Fairinvestment.co.uk has produced a FREE online Guide to ISA Changes, which can be downloaded below:
Download Guide to ISA Changes (265kB)
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