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limits on shares
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In which case, you may want to consider using some of your allowance in a S&S ISA then as you can do better with a normal savings account a lot of the time.
Absolutely.
In the current climate I can't see any reason why anyone would put cash in an ISA and keep S&S outside one.
Inside ISA you are protected from income tax and capital gains on shares. For savings you only save the tiny amount of income tax on the paltry interest payments.Remember the saying: if it looks too good to be true it almost certainly is.0
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