“In fact, the current average easy access rate of 0.16 percent is 0.46 percent less than that of June 2019, but it is 2020 that took its toll on returns due to the Coronavirus pandemic and Bank of England (BoE) rate cuts.
SAVINGS have been built up across the UK over the last year or so as families used the pandemic as an opportunity to improve their financial habits. This appetite for putting money away may continue in a post-coronavirus world and ISA deals
ISA decisions appear to have been forced on savers recently as according to analysis of HMRC figures from Hargreaves Lansdown (HL), coronavirus has sparked a “last-minute” ISA dash. In examining the details, it was found that cash ISAs remain popular among savers,
The new Junior ISA (JISA) is available through NatWest’s digital investment services, NatWest Invest and Royal Bank Invest. It allows up to £9,000 to be saved tax free each tax year, as per the current HM Revenue and Customs (HMRC) rules. Each
Tax does not just involve payments, but it also involves a person using the allowances that are available to them within a tax year. This includes saving into a pension or using an ISA as a vehicle to progress returns, whether this be through cash or
Savings rates are low at the moment but despite this, banks and financial providers are regularly launching and updating their deals in a bid to attract and retain customers. Today, a swathe of offers were launched across fixed bonds, savings accounts and
ISA accounts offer a huge range of tax incentives for savers but LISAs specifically also provide a number of other benefits on top of this. LISA holders can receive a Government bonus for home purchases or to boost retirement funding but new