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Entries Tagged as 'Tax and Duty'

UK Finance: April Fuel Increase

John Williams - Wednesday 01.04.09, 12:00pm

Angry consumers and motoring organisations have lashed out at the government over the increase in fuel duty implemented today, adding over 2p per litre to petrol and diesel.
The increase was announced back in November in the pre-budget report and follows a similar increase in December 2008 that had been deferred from April 2008 when global [...]

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Tags: Finance News · Tax and Duty · UK economy

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ISA Guide

Read our ISA Guide to learn about your 2010/11 allowance.

What is an ISA?

Simply put, an ISA (Individual Savings Account) gives you tax advantages on your savings. There are two types of ISA: a cash ISA and an investment ISA.

Eligibility for tax relief within an ISA depends on your circumstances, and the rules could change in the future.

Cash ISA

A cash ISA. is like a normal savings account, but you don�t have to pay UK income tax on your interest provided all ISA conditions are met.

See our cash ISA rates

ISA Allowance

In the 2010/2011 tax year, the maximum ISA allowance is �10,200, of which �5,100 can be put into a cash ISA. All of your allowance or the remainder of it can be saved in an investment ISA.
Remember you can lose money while investing.

Investment ISA

An investment ISA allows you to take full advantage of your annual �10,200 ISA allowance.
Remember you can lose money while investing.
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