Autumn statement - help for savers?

veryintrigued

A new NS&I 3yr bond at 2.2% just announced.

Edit - Heck you're fast Ed-1!

fun4everyone

Ed-1 wrote: »

Token gesture.

Agreed, 3k is nothing really.

fun4everyone

Was there anything in there about Lifetime ISA's?

veryintrigued

fun4everyone wrote: »

Was there anything in there about Lifetime ISA's?

I was half listening and didn't hear anything on ISAs at all!

Looking for the Treasury doc now!

veryintrigued

https://www.gov.uk/government/speeches/autumn-statement-2016-philip-hammonds-speech

Nothing of note in the main speech. Maybe some supporting docs have more detail.

ColdIron

Whole statement here

https://www.gov.uk/government/publications/autumn-statement-2016-documents/autumn-statement-2016-index

coastline

http://www.telegraph.co.uk/pensions-retirement/tax-retirement/autumn-statement-closes-pension-tax-relief-loophole-over-55s/

polymaff

Personal Allowance and Basic Rate Band increased - but what about the SRA, PSA and DA bands?

ColdIron

polymaff wrote: »

Personal Allowance and Basic Rate Band increased - but what about the SRA, PSA and DA bands?

Starting rate for savings – The band of savings income that is subject to the 0% starting rate will remain at its current level of £5,000 for 2017-18.

polymaff

polymaff wrote: »

Personal Allowance and Basic Rate Band increased - but what about the SRA, PSA and DA bands?

ColdIron wrote: »

Starting rate for savings – The band of savings income that is subject to the 0% starting rate will remain at its current level of £5,000 for 2017-18.

Precisely. What odds that these bands are still at their current values at least until the budget before the next General Election?

Thin end of the wedge or what? Bring back Rooker/Wise !