ISA Allowance – Use It or Lose It!

By Kieran Drew
In February 15, 2017
On ISA
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Like most of us, I am sure you are thinking that the start of this year has completely flown by!

This is why we are taking this opportunity to remind you that the end of the Financial Tax Year is nearly upon us! The new Tax Year begins on the 6th April 2017, meaning you do not have long left to fully maximise your ISA allowances.

The current ISA allowance per person is £15,240 and as you know, this is a very tax efficient way of investing your savings.

If you have not yet utilised your ISA allowance, we would recommend you do so! If you wish to take advantage of this allowance, please contact our office and we will arrange a short meeting to discuss whether you should be considering a Cash ISA or a Stocks & Shares ISA.

Alternatively, if you are one of our Clients who are already invested on the True Potential Wealth Platform, you could utilise the unique ImpulseSave function to top up your ISA or set up a new ISA at a lower initial cost!

If you already hold an ISA with ourselves and are unsure if you have any allowance remaining. Please contact the office and one of the team will be able to confirm this for you.

Disclaimer

Your capital is at risk. Investments can fluctuate in value and investors may not get the amount back they invest. Past performance is not a guide to future performance. Tax rules can change at any time.

Please remember your home or property may be repossessed if you do not keep up repayments on your mortgage.  We give clients the option to pay for mortgage advice by fee rather than commission. Equity Release refers to lifetime mortgages. To understand the features and risks, ask for a personalised illustration.

The Financial Conduct Authority do not regulate, Will Writing, Buy to Let Mortgages, Auto Enrolment, Tax Advice and Estate Planning.

The opinions contained within this blog, do not constitute financial advice and no action should be taken based on this content alone.

 

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Statement

Redwood Financial Family Wealth & Estate Planners Ltd is Directly Authorised and regulated by the Financial Conduct Authority. FRN number 774469.

Disclaimers

The Financial Conduct Authority do not regulate, Will Writing, Buy to Let Mortgages, Auto-Enrolment, Tax Advice and Estate Planning. Your capital is at risk. Investments can fluctuate in value and investors may not get the amount back they invest. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. https://register.fca.org.uk/

Contact us

Telephone: 01489 877547
Email: info@redwoodfinancial.co.uk

Company information

Redwood Financial Family Wealth and Estate Planners Ltd Company Number: 08926661
Registered Office Address: Wellesley House, 204 London Road, Waterlooville, Hampshire,