Use or lose your ISA allowance…


Every year, the government allows you to invest up to £20,000 in an ISA, which means that it is free of UK income and capital gains tax.

Any income or gains made inside your ISA do not have to be declared to HMRC or the taxman.

But time is running out if you want to open an ISA this year – the tax year ends on 5th April so you only have a couple of days left to use or lose your ISA allowance.


Keep the taxman away


It’s bad enough that your salary is taxed, but you may not realise that the taxman also takes a slice of any interest on your savings or investments.

That’s why it’s worth taking advantage of the ISA allowance. You have up to and including 5th April to lock in this year’s allowances and they can’t be rolled over, so it’s a case of use it or lose it.

You can invest up to £20,000 this tax year in an ISA, so a couple can put £40,000 out of the reach of the taxman. And don’t forget your children or grandchildren. Parents and guardians can invest up to £9,000 in a Junior ISA.


Start right now


Of course, not everyone is in the fortunate position of having £20,000 lying around in the bank. A lot of people think that investments are for the rich and wealthy, but they’re wrong.

They’re for everyone. No amount is too small and it’s never too late to start – open an ISA on 6th April and get saving!

Here’s a little video we put together to help you understand the different ISAs on offer and there’s also our more detailed guide to ISAs and what you can do.  We’ve got lots of other options to help you find the right home for your ISA too:





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