New tax menace could take a painful bite into YOUR cash
As interest rates rise, even savers with relatively small nest eggs could breach their allowance.
Source: thisismoney.co.uk
Stay updated with breaking news from Anna Bowes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
As interest rates rise, even savers with relatively small nest eggs could breach their allowance.
The Express has led criticism against banks and building societies for raising savings rates.
Savers locking their money away for one year now can bag the best rates in more than 14 years.
Savers are entitled to switch or close their Isa whenever they choose, according to HMRC rules. This right applies even to fixed-rate Isas.
Investments give you the armoury to fight inflation and its corrosive impact on wealth creation.