SAVVY SAV­INGS

Derbyshire Life - - Finance -

The ISA al­lowance is £20,000 for the 2018-19 tax year. In­come is tax free and can ei­ther be in­vested as a lump sum or in­vested on a reg­u­lar ba­sis. ‘You can ei­ther in­vest in one ISA or split your al­lowance across a stocks and shares ISA for medium to long term growth and a cash ISA for a more short term in­vest­ment,’ says Si­mon Bar­bette, se­nior part­ner at St James’s Place. First time buy­ers can get up to 25 per cent from the Gov­ern­ment from in­vest­ing in a Help to Buy ISA.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.