The new Isa: Three things you need to know about it July 1, 2014 The new Isa (Nisa) is a day old and, despite speculation that a rush of investor funds could wobble providers’ systems, savers shouldn’t be deterred from making the most of the enhanced benefits of the liberalised tax wrapper. What has changed? Among several new rules, the amount of money an individual can shield within the [...]
The new Isa: Annual tax free allowances increased to £15,000 with Nisa June 30, 2014 The biggest overhaul of ISAs ever enacted comes into force tomorrow, with savers able to stash more cash in tax-free saving accounts every year. The New Isa, or Nisa, will see the annual allowance hiked from £11,880 to £15,000 – the biggest rise since ISAs were introduced by the government in 1999. The change, which [...]
The new Isa: How to make the most of your Nisa June 29, 2014 Despite dwindling interest rates, with the right approach, even sticking to cash can mean you are quids in Announced in the Budget, the new, enhanced and simplified Isa arrives tomorrow. Allowing investors to shield up to £15,000 a year away from the taxman – up from the current £11,880 limit for stocks and shares Isas [...]
The new Isa: Where to invest your beefed-up Nisa allowance June 29, 2014 The fund managers are tipping European equities and a focus on long-term capital growth through income With the new Isa (Nisa) annual allowance of £15,000 (up from £11,880 for stocks and shares Isas) due to come into force tomorrow, savers looking to top-up their investments are faced with a difficult choice. The popular play of [...]
The new Isa: How to become a Nisa millionaire in 26 years June 29, 2014 No one knows exactly how many Isa millionaires there are. Stockbroker Brewin Dolphin has in the past claimed that around 15 of its clients have over £1m of savings sheltered from the taxman in an Isa wrapper. But the number is sure to increase as the effect of the Nisa’s higher annual allowance takes [...]
The new Isa is arriving: What you need to know about it June 24, 2014 ON 1 July, the new Isa (Nisa) arrives. Announced in the Budget this year, the Nisa is both a simpler product and allows investors to shield more money away from the taxman. The annual Isa allowance will rise to £15,000, an increase of £3,480 from 2013-14. And while investors have previously been limited in how [...]
Investment Comment: Three principles to guide Isa investors for the long term April 15, 2014 Multi-asset funds will likely become increasingly popular as the bumpy global recovery continues WHEN investing in your Isa, the first step – getting your money in place before the end of the tax year – is the easiest. But now that savers have secured their use-it-or-lose-it annual allowances (currently up to £11,880 in a stocks [...]
Last-minute themes to boost your Isa portfolio April 1, 2014 THE ISA deadline is just days away, and the chancellor’s recent decision to enhance the tax wrapper’s flexibility (as well as increasing the annual allowance to £15,000 from 1 July) has heightened its attractiveness as a vehicle for long-term capital growth. We ask the experts for some last minute ideas – and funds – to [...]
How the Budget has made Isas even nicer March 25, 2014 The tax wrapper has even greater potential for capital growth, but pension tax relief will still prove decisive Much of the reaction to George Osborne’s “Budget for savers” has focused on the freeing-up of pensions. And while a loosening of drawdown restrictions will no doubt be a boon for retirees, radical Isa reforms have important [...]
How to become an Isa millionaire in just 27 years March 19, 2014 Who says saving doesn’t pay? We may be living in an era of flat-as-a-pancake interest rates, but chancellor George Osborne’s changes to Individual Saving Accounts (better known as Isas) have given savers a glimmer of future riches. Sort of. The clever people at Brewin Dolphin have calculated that, if you started chucking money into an [...]