Following the Chancellor’s Budget Speech we’ve summarised the main points relevant to personal financial planning into a simple guide, along with all the key rates and allowances applicable for the new tax year – click here for your copy
With only a few weeks left until the end of the tax year, remember, there is also no option to carry forward your ISA allowance.
If you’ve not yet used your full £15,240 ISA allowance for this year, there is still time to do so – but you must act in time for the 5 April 2017 deadline. Next year, the ISA allowance (for anyone aged 18 or over) is increasing to £20,000 per person. Plus, we see the introduction of the ‘LISA’ – read our Budget summary to find out more.
If you would like to speak to us about topping up your ISA before the end of the tax year, or have any questions on what the Budget changes could mean for you, please get in touch on 0345 218 3126.