ISA: use it or lose it!

ISA allowances for 2018-19 expire on 5th April

If you haven't contributed to an ISA in this tax year, time is running out to use your £20,000 stocks and shares ISA allowance.  You'll need to make arrangements to pay as early as possible to be confident that your payment is made before the tax year end.  

What's more, when you save through an ISA, any interest or capital gains you make on your ISA investment will be tax-free.  And there is wide variety of investment options available - from Stocks and Shares to Cash.

Top tip

Watch out if you took out a Cash ISA with an introductory interest rate. These can be very competitive but once the special rate expires they revert to a standard rate which is typically much lower.


A full review and professional advice

An Aspira review of your investments will include an assessment of your attitude to investment risk - to identify if your savings are appropriately invested.  We can then apply our asset allocation process to ensure you're invested in the most appropriate solutions for your own personal circumstances.  And we'll review the market to make sure you're getting a competitive deal.

And if you've built up several old ISA it might make sense to consolidate them.  Transferring is usually straightforward.  Cash ISAs can be transferred into other Cash ISAs or Stocks and Shares ISAs, but you should always seek professional advice before doing so as some plans may apply a penalty.

Act now!

If you'd like to make use of your £20,000 allowance for this tax year, or you'd like us to help review your savings and investments you can call us on freephone 0800 048 0150.  

Or send us an email with your contact preferred contact details and one of our advisers will contact you as soon as possible.

The value of investments can fall as well as rise. You may not get back what you invest.

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