The returns for Isa savers have been hit by the low interest rate environment, as well as the introduction of a new personal savings allowance in April, which will mean most savers will be free from tax on their savings interest anyway.
The change means basic rate taxpayers will be able to earn up to £1,000 in savings interest tax-free and higher rate taxpayers will be able to earn up to £500 in.
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Age | 53 | |
Location | UK, England: Hertfordshire, Tring | |
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