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The Treasury has confirmed it will be holding a consultation on whether to allow parents to transfer... More
Research by Moneyfacts.co.uk has revealed a dramatic drop in the number of cash ISA products and ave... More
Knowing what type of ISA to invest in can be just as important as looking for the best rate of inter... More
A shocking number of people aged 50 and over are being forced to withdraw money from their ISA to co... More
Research by Standard Life has revealed a large number of over-55s are more inclined to invest their ... More
Cash ISAs are a special type of savings account that pay interest tax-free. Each tax year you get an... More
Download your free 8-page ISA allowance guide for the 2013-14 tax year. Find out everything you need... More
Cash ISA transfers can allow you to get a better interest rate and bring your ISAs together in one p... More
Coventry Building Society has issued its latest tax-free account, offering a competitive one-year fi... More
Derbyshire Building Society has launched the Easy Saver ISA, which sits comfortably within the easy-... More
Nationwide Building Society has launched a highly competitive easy-access ISA available to customers... More
A review of its ISA range sees Leeds Building Society launch this highly competitive no-notice tax-f... More
Chorley & District Building Society has launched a competitive variable cash ISA available to savers... More
Normally, a slice of any interest you earn from a savings account goes straight to the taxman. A Cash ISA, or Cash Individual Savings Account, is a type of savings account that allows you to earn interest tax-free.
Each tax year (the 6th April to the following 5th April) you can invest up to a specified limit in a Cash ISA – click here to download your FREE 8-page ISA allowance guide for the current tax year. You will need a PDF reader such as Adobe Reader to download this guide.
Even if you have no money to invest in the current tax year, you can still transfer your ISA to another provider, if you find you’re not earning the best rate on your savings.
However, if you wish to undertake an ISA transfer, please do not physically transfer the money yourself – your new provider will give you a form to fill in and your old and new ISA providers will liaise on your behalf, in order to protect your savings’ tax-free status.