Pensions Advice Wales
10.06.09
Pensions Advice Wales
Investments
ISAs
Navigating through challenging conditions
Your annual ISA allowance
For further independent advice go to http://pensionsadvicewales.co.uk/site/
It has been a hard few years for all investors but those who can see through the short term history shows that these investors who remain invested when markets are low will go onto achieve longer term success.
Although we cannot guarantee the tax benefits will not change, your annual ISA allowance remains a valuable, tax efficient part of your long term plan. But if you don’t use it, you lose it. You can currently invest up to a maximum of £7,200 in this tax year’s ISA, although if you are aged 50 or over, this increases to £10,200 from 6th October 2009. With effect from April 2010 the ISA annual allowance increases to £10,200 for everyone, although cash ISAs will be restricted to £5,100, half the allowance.
Please contact us to find out more about the investment opportunities open to you
