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Extension of ISA allowance to 2010
sd8974
Posts: 65 Forumite
Seeing as I got absolutely no recognition of my post on the savings fountain thread, I am asking this question in a new thread...
Am I correct in thinking that the current ISA allowances (e.g. £3,000 in a mini cash-ISA) are now to be extended to 2010 - as proposed last year in the pre-budget report and then confirmed in the recent budget:
http://newsimg.bbc.co.uk/nol/shared/bsp/hi/pdfs/bud05_completereport_1_87.pdf
*See for example Pg 18 - point 12 (among others in the 304 page document!)
If this is the case, then Martin will have to update his savings fountain article with this information:
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1091670686,99383,
Am I correct in thinking that the current ISA allowances (e.g. £3,000 in a mini cash-ISA) are now to be extended to 2010 - as proposed last year in the pre-budget report and then confirmed in the recent budget:
http://newsimg.bbc.co.uk/nol/shared/bsp/hi/pdfs/bud05_completereport_1_87.pdf
*See for example Pg 18 - point 12 (among others in the 304 page document!)
If this is the case, then Martin will have to update his savings fountain article with this information:
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1091670686,99383,
0
Comments
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Yes
see here for the discussion earlier in the month...
http://forums.moneysavingexpert.com/showthread.html?t=369840 -
That's a good point though, Martin. The article needs to be updated, as it still says that the limit will go down to £1000 w.e.f. next year.It's always the grass that suffers, irrespective of whether the elephants are fighting or making love !!!0
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i've put updating this on my things to do on tuesday list
Martin Lewis, Money Saving Expert.
Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 0000
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