ISA Allowance 2012
You can now be able to invest £21,360 in the ISA tax free for 2011/12 tax year. The yearly allowance has been increased from £10,200 in line with inflation so that the amount you are permitted to save each year is not diminished by the effects of inflation. In addition, it is intended that the annual allowance will be increased in line with inflation every year from now on.
ISA Allowance 2012
ISA 2011-12 tax year has been increased. From the 6th April 2011, an investor will now have an annual allowance of £10,680 which can be subscribed to a Stocks & Shares ISA.
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