March 20th 2015
George Osborne has presented his 6th and final Budget before the coming election in May. We have summarised below some of the matters concerning savers and investors:
ISAs - increased flexibility
Regulations will be introduced in autumn 2015 to enable savers to withdraw and replace money in their cash ISA accounts without it counting towards their annual ISA subscription limit for that year.
Help to Buy ISA
In order to encourage and support first time house buyers to raise a deposit, the Government is to introduce a Help to Buy ISA from autumn 2015. The essential elements of the scheme are:
If you have any queries regarding the budget and what it means for you or your business please contact DSC Chartered Accountants on Harrogate 560547.
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