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 [...]
Junior Isas: Kickstart your child’s savings March 18, 2014 But the tax wrapper is not always the best vehicle, as the funds are locked away until the child turns 18 With the total cost of a university degree topping £50,000 according to some estimates, and successive generations finding it harder to get a foot on the property ladder, many parents looking for a tax-efficient [...]
Consolidate: Don’t let your Isas go to waste March 11, 2014 But be very careful to avoid committing the cardinal sin of losing the tax wrapper on your existing investment With the end of the tax year fast approaching (5 April), the clock is ticking to make the most of your full Isa allowance (currently £11,520, up to half of which can be held in cash). [...]
Three Isa investment themes to play in 2014 March 11, 2014 @AnnabelPalmer1 ARE YOU making the most of your Isa? The end of the tax year is fast approaching, so not only is now the time to maximise your contributions (up to £11,520 in a stocks and shares Isa in 2013 -14), but it is also an opportunity to consider whether your portfolio needs rebalancing. City [...]
How Isa millionaires make it in five steps March 4, 2014 By starting early with regular contributions and not shying away from risks, many more could reach a million No one knows exactly how many Isa millionaires there are – Brewin Dolphin says it has just 15 such clients, investors with at least £1m shielded from the taxman in the Isa wrapper. But the stockbroker’s research [...]
Top fund picks to spice up your Isa portfolio February 25, 2014 WITH the end of the tax year fast approaching (on 5 April), there is still time to invest up to £11,520 in a stocks and shares Isa. For higher or additional rate taxpayers, sheltering your money in the tax-free wrapper means avoiding income tax at 40 or 45 per cent on any interest. But while [...]
Where cost matters when investing through an Isa February 18, 2014 Price is only one part of the equation THE END of the tax year is approaching, and Unbiased research has found that UK savers are set to pay an unnecessary £1.1bn in tax in 2014 by failing to move their money into an Isa wrapper. Not only should you make the most of your tax [...]
Who wants to be an Isa millionaire? February 17, 2014 Investing in Isas isn’t normally a strategy that savers equate with vast wealth or stunning returns. However, the wealth manager Brewin Dolphin reckons equity-linked Isa pots can create millionaires in just 27 years. Brewin, which says it already has 15 millionaires with significant Isa investments on its client list, has done the sums on [...]