It’s that time of year again! With the end of the tax year on 5th April 2010 fast approaching, now is the time to snap up this year’s allowances for tax-free savings in Individual Savings Accounts (ISAs).
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Get down to brass tax, with tax-free savings! Use your ISA allowances now
Wednesday, January 27th, 2010Over-50s unaware of new minimum retirement age
Monday, December 21st, 2009
The majority of over-50s are unaware of the upcoming changes in the minimum retirement age, and other legislation affecting their retirement planning, according to a report published this week.
Revenue offers tax back on pensioners’ savings
Wednesday, November 11th, 2009Thousands of pensioners who have overpaid tax on their savings and investments are entitled to reclaim overpayments, and have their interest paid gross in the future, according to an announcement this week by the Revenue (HMRC). Non-taxpayers, including the vast majority of pensioners receiving Pension Credit, are currently taxed on interest in their bank or building [...]
Higher ISA allowances for over 50s
Tuesday, October 27th, 2009The annual limit for investing in Individual Savings Accounts (ISAs) rose for over-50s at the beginning of October 2009. The new limit for over–50s is now £10,200 per year. This limit will be available to under-50s as well from April 6th 2010. Until then, under-50s continue at the current annual limit of £7,200.  The new limits give [...]
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