Isa allowances for 2011
The annual 2011 ISA allowance will be increased from £10,200 to £10,680 on April 5 next year, the Treasury said.
It was great to hear that the amount of money people can save tax-free is set to rise by nearly £500 next year.
How Changes to ISA Allowances Could Help You Make Millions
On October 6th, the annual ISA allowance will increase from £7,200 to £10,200 for investors aged 50 or over this tax year. From April 6th 2010, this new allowance is extended to anyone aged 18 or over.
Together with last year’s new rules, this rounds off the most significant changes to ISAs since their introduction ten years ago.
All the benefits remain; within an ISA you pay no capital gains tax and no further tax on all the growth made. The new rules simply mean ISAs become more flexible and allow you to shelter more of your assets from tax than ever before.
In Part 1 of this series I told you why I welcome these changes and I began explaining how you can benefit from them too. Today I want explain in more detail how you can use ISAs to make tax-free millions.
How Changes to ISA Allowances Could Help You Make Millions
On October 6th, the annual ISA allowance will increase from £7,200 to £10,200 for investors aged 50 or over this tax year. From April 6th 2010, this new allowance is extended to anyone aged 18 or over.
Together with last year’s new rules, this rounds off the most significant changes to ISAs since their introduction ten years ago.
All the benefits remain; within an ISA you pay no capital gains tax and no further tax on all the growth made. The new rules simply mean ISAs become more flexible and allow you to shelter more of your assets from tax than ever before.
In today’s blog I want to explain to you why I welcome these changes and, more importantly, how they can benefit you.
Stocks and Shares ISAs are the Key to Index Beating Returns
Are you interested in learning how it’s possible to invest using Stocks and Shares ISAs to make index beating returns?
In my previous blog I talked about how the Tax-Free Millionaire Shadow Investing System that I offer can help you to achieve your financial goals in just 3 minutes per day. The system shows you how to cleverly take advantage of your Stocks and Shares ISA allowance.
Today I am going to tell you what you could expect to learn from this system.
Knowledge which could help you to build a tax free fortune and retire rich.
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