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A Budget for savers? Some of the tax and investment changes, Budget 2015

Submitted by Sestini & Co | on Wed, 03/18/2015 - 17:00 | In Uncategorized

A few thoughts on the key savings and pensions measures announced today:

ISA’s

The new help to buy ISA announced today provides an additional opportunity for tax-free savings with the added incentive of a bonus of up to £3,000 after 5 years provided the savings are used by a first-time buyer to purchase a property, as long as the property is worth up to £250,000 outside of London and £450,000 in London:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/fil…

Broadly, individuals can save up to £200 per month (with an initial [- -]

Tags: Help to buy, Isa, Tax savings