Alice Haine, personal finance analyst at Bestinvest by Evelyn Partners, has emphasised the importance of capitalising on tax-free Individual Savings Accounts (ISAs) benefits before they vanish.
An ISA warning has been issued by personal finance experts with the “clock ticking” for UK households. Alice Haine, personal finance analyst at Bestinvest by Evelyn Partners, has emphasised the importance of capitalising on tax-free Individual Savings Accounts (ISAs) benefits before they vanish.
Ms Haine said: “Tax-free Individual Savings Accounts (ISAs), such as a Stocks and Shares ISA, allow savers to earn income, grow their wealth and withdraw investments without fear of a heavy tax bill at the end – but they come with a ‘Cinderella-style’ deadline. Either you use the allowance by tax year end at midnight on April 5 or lose it forever – and not even a stray slipper will save this lucrative window…
