Lifetime ISA (LISA) – a whole new savings vehicle
The Chancellor has unveiled plans to introduce a new Lifetime ISA (LISA) from April 2017. This is an extra savings vehicle for younger savers.
LISAs will only be available to savers between the ages of 18 and 40. Savers will …
New rules for ISAs
ISA savers are to benefit from the 2014 Autumn Statement. Historic ISA rules have meant the tax advantages associated with the ISA automatically cease on the death of the person who owns the ISA.
In many cases this will still …
How would a UK interest rate rise affect people?
After a sustained period of low interest rates in the UK on 12th June 2014, the Governor of the Bank of England Mark Carney indicated a rise in interest rates could happen ‘sooner than markets currently expect’.
For some people …
Count down to tax year end
As we move towards the end of this tax year we have an ideal opportunity to do the things we have been meaning to do all tax year, but never quite managed.
Almost everyone plans for Hogmanay on 31st December …