LISA withdrawal charge has been increased from the start of tax year 21/22.
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SIMPLE ISA INFO
April 5, 2021
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ISA Allowance 21/22
The ISA allowance for tax year 21/22 will remain unchanged at £ 20,000.00. The LISA (Lifetime ISA) allowance will also remain unchanged at £ 4,000.00. Note the withdrawal charge has been moved back up to 25% for withdrawals in tax […]
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May 8, 2020
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LISA Withdrawal Charge Reduced 20/21
LISA (Lifetime) withdrawal charge has been reduced for tax year 20/21 to 20%
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May 19, 2019
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Who can open a JISA account
This is a short post to clarify the question of who can open a JISA account (Junior ISA) on behalf of a child and who cannot. JISA accounts are available to children under the age of 18 years old. The […]
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May 17, 2019
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What are Additional Permitted Subscriptions
What is your APS allowance and how does it work.
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May 6, 2019
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Lifetime ISA a no-brainer for 1st time house buyers
All the reasons why a Lifetime ISA account is the right savings products for first time house buyers.
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May 2, 2019
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Bed & ISA Explained
What is a Bed & ISA? In a bed & ISA, the investor sells securities outside of the ISA tax wrapper and at the same time buys back those same securities within an ISA account. The proceeds of the sale, […]
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April 27, 2019
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What are Premium Bonds and what can they do for me?
All you need to know about what premium bonds are, how they pay out and if they will make a useful savings tool for you.
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