Benefits of ISA’S highlighted by Pima

The diversity of benefits offered to savers by individual savings accounts (ISA’S) has been highlighted by the Pep and ISA Managers’ Association (Pima).

With just 45 days left until the end of the 2006-2007 tax year, investors should think about taking advantage of the range of ISA investments available. …continue reading the story
called Benefits of ISA’S highlighted by Pima

Pensioners given ISA inheritance tax heads up

Pensioners have been warned that although money invested in ISA’s is exempt from tax in their lifetime, they do not offer protection from inheritance tax (IHT).

Office of National Statistics (ONS) data shows that there are currently around 165,000 investors aged 70 who hold ISA’s and Peps valued at in excess of £100,000 - all of which could be eligible for IHT. …continue reading the story
called Pensioners given ISA inheritance tax heads up