Savers and investors face another tax raid this year, making it even more important that they make the most of their Isa allowance.
Frozen thresholds mean more savers are being dragged into paying tax on interest. Meanwhile, investors face capital gains and dividend allowances being slashed.
An Isa offers a way to keep more of your hard-earned returns and that’s never been more essential. In this special guide, we reveal why you need a cash Isa, how to choose the
Interest rates look close to peaking after last week’s Bank of England hike and the hunt for yield his back on in earnest. It’s still possible to get more than six percent a year from a two-year fixed rate savings account, but this opportunity may not last much longer.
One alternative many overlook is to invest in a fund of government and corporate bonds instead. Yields now start at around 4.5 percent a year and can top 7.7 percent.
This
A coalition of business leaders today calls for the return of tax-free shopping for overseas tourists.
In a letter to the Chancellor, scores of retail, hospitality and tourism bosses warn that removing the VAT refund for visitors has been an ‘extraordinary own goal’.
Reinstating it would be a win both for business and the taxpayer, they say, with research suggesting it could bring a multi-billion-pound boost to the economy.
Today the Mail launches a ‘Scrap The Tourist Tax’ campaign in
