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zee_2

zee_2 Posts: 566 Forumite

7 August 2009 at 9:59PM in ISAs & tax-free savings

please advise , for a non tax payer pensioner , what is the best isa , or is tax free savings better ?

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Masomnia Posts: 19,506 Forumite

7 August 2009 at 11:33PM

Assuming you don't pay tax and won't be any time soon, then it's best to go for the highest rate you can find, whether it's an ISA or not.

“I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
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malik999 Posts: 376 Forumite

8 August 2009 at 11:53PM

zee wrote: »

please advise , for a non tax payer pensioner , what is the best isa , or is tax free savings better ?

At the moment there are better rates on savings accounts than ISA's so you're better off with a savings account.. hth

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