Money Minder UK

« Return to news section
2019/20 ISA allowance use it or lose it

In Brief: 2019/20 ISA allowance use it or lose it

Thursday, 19 March 2020

Have you got rainy day plans for your money? Individual Saving Accounts, or ‘ISAs’. An ISA is a way of holding savings or investments without paying personal tax on interest. The tax year deadline is 5 April 2020, if you don’t use your 2019/20 ISA allowance by 5 April 2020, it’ll be gone for good. You could choose from a variety of ISA products that could suit your needs for example a Stocks & Shares ISA for investments and growth that is tax efficient. Seeking professional financial advice could help you to decide if an ISA product is right for you.

Full article »

« Return to news section
Please be aware these articles are for general information purposes only and correct at time of printing. We will not accept responsibility for any errors made or actions taken by any readers that have acted on the information contained. Answers given are for guidance only and specific advice should be taken before acting on any of the suggestions made. All information is based on our understanding of current tax practices, which are subject to change. Always remember when investing, past performance is not necessarily a guide to future performance and the value of some investment units can fall as well as rise.