The cost of parking at the airport can be quite a large amount, and unfortunately for most of us it’s not something we can actually avoid paying. What we can do however is to lower the cost somewhat by looking around for deals before we go on holiday and make sure that we’re getting the [...]
How to get free nappies, free cuddly toys, free baby food, free baby books, free money from the Government – and more! They’re cute and cuddly, but they can be expensive little things, clocking up £9,152 in running costs within their first year alone, according to insurance firm, LV= So, if you’re a new parent [...]
 |
Free Smart Meter |
| Free smart meter - no more estimated bills! www.first-utility.com |
Simply put, an ISA (Individual Savings Account) gives you tax advantages on your savings. There are two types of ISA: a cash ISA and an investment ISA.
Eligibility for tax relief within an ISA depends on your circumstances, and the rules could change in the future.
A cash ISA is like a normal savings account, but you don’t have to pay UK income tax on your interest provided all ISA conditions are met.
In the 2010/2011 tax year, the maximum ISA allowance is £10,200, of which £5,100 can be put into a cash ISA. All of your allowance or the remainder of it can be saved in an investment ISA.
Remember you can lose money while investing.
An investment ISA allows you to take full advantage of your annual £10,200 ISA allowance.
Remember you can lose money while investing.
