Our website uses cookies to store information on your computer. You may delete and block all cookies from this site, but parts of the site will not work as a result. Find out more about how we use cookies.
(Do not show this message again)
Shout99 - News matters for freelancers
Search Shout99 - News matters for freelancers
(Advanced Search)
   Join Shout99  About Shout99   Sitemap   Contact Shout99 17th Jan 2018
Forgot your password?
Shout99 - Freelancers, FO35, Section 660
New Users Click Here
Shout99 - Freelancers, FO35, Section 660
Shout99 - Freelancers, FO35, Section 660
Front Page
News...
Freelancers' Shop...
Ask an Expert...
Letters
Direct Contracts
Press Links
Question Time
The Clubhouse
Conference Hall...
News from Partners
Accountants

Login
Sitemap

Business Links

Shout99 - Freelancers, FO35, Section 660
  
Shout99 - Freelancers, FO35, Section 660

News for the
Construction Industry

Hardhatter.com - News for small businesses in the construction industry

Powered by
Powered by Novacaster
Making the most of your ISA allowance
by Susie Hughes at 11:21 04/03/09 (News from Partners)
There's still time to use this years ISA allowance before the end of tax year deadline. Tony Harris of ContractorFinancials and a member of Shout99's 'Ask An Expert' panel explains why it is highly recommended that you invest in this tax efficient savings account before its too late.
Tony Harris writes:


Tony Harris
Equity or cash based ISAs offer an effective method of saving for anything from your retirement to a deposit for an investment property. Unlike other savings accounts, ISAs benefit from tax free breaks on up to 7,200 each tax year and can be accessed at any time which offers you a great amount of flexibility with your money. This can offer an invaluable opportunity to stop the tax man from charging further tax on your hard earned cash and could enable you to build a substantial nest egg.

Flexible savings
Traditionally many people try to rush at the end of the tax year in order to invest their allowance, but it is easier and less risky to drip feed a monthly amount into your ISA whilst giving you the chance to budget to save. This also gives you the added bonus of being able to change your contributions to fit around your various contracts.

If you require access to your money in the short-term, then a Cash ISA is probably the best investment opportunity. The funds can often be accessed at any time and they invariably benefit from a much higher interest rate than those offered in normal high-street savings accounts because the banks believe they will hold the money for longer. Cash ISAs also offer the benefit of being free from short term fluctuations of the stock market.

With an Equity ISA you can choose from thousands of different funds and we have chosen a number of providers that offer a proven track record in effective investment management to give you peace of mind that your money will be taken care of. No one manager is strongest across the board so it is important to choose carefully depending on where you want to invest.

Less risk, same reward

Advertisement
Some providers have equity based ISAs that invest in stock markets but that carry varying levels of protection for the underlying fund value. This allows you to benefit from some measure of the potential growth of equities without taking on as much of the risk.

As Independent Financial Advisors, we search the whole of the market to find the best ISA for you and we will help manage the investment from start to finish, making your stock market experience as hassle free as possible.

Shout99 has teamed up with ContractorFinancial to offer ISAs to freelancers. If you'd like to discuss using your allowance for this tax year or are looking into setting up a flexible monthly investment to avoid the last minute rush fill in the online enquiry form.

Tony Harris
--

Printer Version
Mail this to a friend
 
Copyright 1999-2015, Shout99.com | All Rights Reserved | Legal Notice