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Over £2,900 a year could be saved by switching to the best deals
76% say they will not invest in cash while base rate remains at 0.5%
Rather than give the latest gadget, your loved ones may prefer the cash judiciously invested in a SIPP or an ISA so it can grow rather than depreciate
Banks have been slashing rates on the best paying cash ISA rates.
With the government inventing ever new ways to eat into our salaries, the competition for the most despised tax in Britain was always going to be tight, but our hatred of council tax really shone through.
There has been a surge in the number of Brits looking to change their residence or shift their money abroad before the new tax year.
Over 50s will get first crack at the new £10,200 ISA allowance, with everyone forced to wait until next tax year.
Many ISA providers close their doors to new investments long before the official April 5 deadline. Make sure you aren’t caught out.
The tax-free ISA allowance must be increased next month in order to keep up with inflation, according to the Investment Management Association.
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