Summary
SAVERS aged 50 before next April can now put an extra pounds 3,000 into their ISAs. Last week, (on the 6th October 2009) the annual ISA (Individual Savings Account) allowance jumped from pounds 7,200 to pounds 10,200 for this age group and will be available to other savers from April 6, 2010.
But why invest in an ISA? ISAs were introduced in 1999 to provide a tax efficient way of saving. An ISA investment can be made up of cash or stocks and shares.See the full content of this document
Extract
Invested Interest
When saving in cash it is important that you use your annual ISA allowance as basic...
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