Although stock markets have fallen sharply in value over recent weeks, some of the country’s leading money experts believe investors should not panic. Their advice is to stay invested, think long term and to drip money into the market over the coming months, using this tax year’s and next year’s Isa allowance. Here, experts tell … Read more
Young savers were handed a boost in the Budget, with the Government revealing the Junior Isa allowance will be more than doubled to £9,000 in April. Currently parents or those aged under 16 can deposit £4,368 every year tax-free in the accounts, with both cash and stocks and shares options available, in a bid to … Read more
I opened a Lifetime ISA (Lisa) with Skipton on June 27, 2017. I recently tried to pay into it, but discovered Skipton had closed it on September 16 last year. I was told that the National Insurance number I had given did not match the one held by HMRC. Skipton had not contacted me about … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more
Lifetime Isa customers see delay on February bonus payments of up to £1,000 due to taxman glitch Each month Lifetime Isa holders receive a 25% bonus on what they’ve saved They can earn up to £1,000 on £4,000 of savings every tax year Taxman is meant to pay the bonuses every month but a ‘technical … Read more
Our savings picks: This is Money’s five favourite best buy cash Isas By Lee Boyce for Thisismoney.co.uk Published: 11:23 GMT, 17 December 2014 | Updated: 10:56 GMT, 11 February 2020 Every little helps: Savings rates might be low but at least an Isa means interest is tax-free Our assistant editor Lee Boyce picks his five … Read more
Signs of life in the cash Isa market as rates finally perk up with one provider offering £500,000 in prizes By Sylvia Morris For The Daily Mail Published: 22:01 GMT, 3 March 2020 | Updated: 22:01 GMT, 3 March 2020 Savers have been given a glimmer of hope with the launch of an easy-access cash … Read more
Bristol is the most popular spot for buyers purchasing their first home with the help of a Lifetime Isa in 2019, This is Money can reveal. A total of 380 homes were bought in the west of England city, according to Skipton Building Society, the first provider to offer the Government-backed savings scheme. The next … Read more
With less than 50 days to go until the end of the tax year, savers are likely wondering whether or not they will see an ‘Isa season’. This is where banks and building societies offer top rate tax-free deals to snap up money from those looking to use up any spare money from their £20,000 … Read more
On the face of it, Issue 20 of the Post Office’s online easy-access Isa looks like a pretty good deal. It pays 1.25 per cent, the second best tax-free savings rate on offer – 0.1 percentage points lower than the best deal – and can be opened with £100. It also accepts transfers from another … Read more