Tag: Junior ISA
ISAs in 2013/14: a basic guide
An ISA is a type of savings account which enables you to keep all that you receive from that investment and not pay any tax on it. ISAs began in 1999 and should be around for the foreseeable future. You can start with small amounts and save up to £11,520 in the tax year 2013-14. [...]
Read moreThe problem with Cash ISAs
It is the fourth anniversary of UK interest rates falling to a record low of 0.50% and no signs of this changing in the near future with the Bank of England recently hinting at the possibility of a negative base rate. This is continuing bad news of the UK’s savers. Although by shopping around you can find [...]
Read moreWhich? survey reveals worrying trend
In a recent Which? investigation, some of the UK’s biggest banks were identified as failing to give the right advice when it comes to transferring and managing their Cash ISAs. In the investigation, Which? placed 180 calls to 15 leading banks and building societies to assess the quality of advice given to people who want [...]
Read moreFinancial planning for the end of Tax Year
The nights are finally starting to get a little lighter – maybe we can start looking forward to Spring after all. In financial services, Spring means two things; the Budget (on March 20th this year) and the end of the tax year on Friday April 5th. This article gives some suggestions on financial planning steps [...]
Read moreFinancial planning in your twenties, thirties and forties
This is the first of two articles where we look at ‘financial planning through the decades:’ how your financial planning needs change through the various stages of your life. Clearly the average client’s planning needs are completely different in their twenties to their fifties and, while it’s true to say there’s no such thing as [...]
Read moreHow to make your child a millionaire
”How to make your child a millionaire – through regular investing and using perfectly legitimate tax dodges’’ – the headline of a recent article in the Daily Mail. Reading this article also makes it clear that we need to be well off to achieve this aim, and even more so, if we have more than [...]
Read more10 Most Common ISA Questions Answered
Christmas is over for another year, which means it’s not long – hopefully – before the first signs of Spring appear and we start to turn our attention to the end of the financial year. For many investors and savers this means making sure they contribute to an Individual Savings Account (or ISA, as they’re [...]
Read moreMaximise your ISA opportunity
As the end of the tax year approaches, we have the biggest ISA opportunity available since ISAs were first introduced. In the next five weeks by spanning the 2011/12 and 2012/13 ISA tax years a family of four will have the ability to shelter £58,320 from the taxman. This assumes that a couple each use their [...]
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