Baker and Co Financial Solutions Ltd

NEW ISA & CAPITAL GAINS TAX RATES

April 8th, 2011 by BakerIFA

From 6th April 2011 the maximum amount that can be invested into an ISA has increased to £10 680 this can all be invested into an equity ISA or up to a maximum of  £5 340 into a cash ISA and the remainder into an equity ISA.

For investors with money outside of an ISA, in Unit Trusts or OEICS for example, the Capital Gains Tax allowance is now £10 600

Leave a Reply

You must be logged in to post a comment.