Welcome to our 2014 Great Big ISA Event!
With savings rates so low, anything you can do to get the best returns on your cash is especially important. That’s why ISAs – or Individual Savings Accounts – should be your first port of call as the interest you earn in these accounts will be paid tax-free. And, especially for higher-rate taxpayers, this perk can make a real difference to your savings balance.
Of course, there will be a limit on the amount you can stash away without the taxman getting his hands on it. For this tax year, which ends on April 5 2015, you will be able to save a maximum of £15,000 into an ISA. You can choose to hold all it all in a cash ISA, all in a stocks and shares ISA, or split your allowance between the two.
Here at our ISA hub, you’ll find everything you need to know about both cash and stocks and shares ISA deals – from how the accounts work, to any new deals coming onto the market; from how to transfer your existing ISA balances to how (and how much) you can save tax-efficiently into a Junior ISA for your kids.
But, remember, if you don't use your full ISA allowance before April 5, you'll lose it. So act now to stash as much as you can away in this tax-free shelter that has your name on it!