Allowance Archives - Simple ISA Information

August 20, 2022

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These are the best interest rates that are currently available for cash LISA/ Lifetime ISA accounts.

August 6, 2022

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When will my LISA Bonus be paid?

Lifetime ISA bonuses are claimed on a monthly basis by Lifetime ISA providers on behalf of their clients directly from HMRC. The investor should see their bonus paid into their LISA account approximately 1 to 1.5 months later.

June 27, 2022

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How many ISAs can I hold?

Your options in using your annual ISA allowance across multiple ISA accounts.

What you can do and what you can’t do. Multiple ISA accounts can be held but there are some limitations

April 29, 2021

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Best Cash JISA Account Interest Rates

These are currently the best interest rates being offered in the market for JISA or as they are also known Junior ISA accounts.

May 17, 2019

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What are Additional Permitted Subscriptions

What is your APS allowance and how does it work.

March 29, 2019

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How much is your Personal Savings Allowance

How much interest can you earn tax free ? For basic rate tax payers this figure is currently £ 1,000.00 interest per year, e.g., interest earned on bank and buildings society accounts. For higher rate taxpayers this figure is reduced […]

March 3, 2019

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ISA Allowance

ISA allowance 19/20 For tax year 19/20, April 6th 2019 to April 5th 2020, the allowance which can be utilised across all ISA products (Stocks and Shares ISA, Cash ISA Innovative ISA and LISA) is £ 20,000.00. This remains unchanged […]

January 23, 2019

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What if I Oversubscribe my ISA allowance

Your ISA allowance As at tax year 19/20, the yearly ISA allowance is £ 20,000.00. This can be subscribed to one ISA account or a combination of any of the other 4 main types: cash ISA, stocks and shares ISA, […]

January 19, 2019

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LISA Account (Lifetime ISA Account)

Lifetime ISA accounts are a hybrid savings product, helping investors save money for their first home, or helping to accumulate additional savings for their retirement. The government will pay a 25 % bonus on all subscriptions made to a Lifetime […]

January 19, 2019

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Cash ISA

Cash Usually offered by banks and building societies. As the name suggests these are simply savings accounts, but held within the tax free ISA wrapper. Hence all interest earned on your subscriptions are tax free. Who can open a Cash […]

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