It’s that time again – the end of the tax year. You might be looking at your accounts and taxes for the year, but don’t forget about the savings opportunity with a Cash ISA too.
Saving your money in a Cash ISA is a tax-efficient way to save large amounts of money. With an ISA, you can save up to £20,000 each financial year and you won’t pay tax on the interest you earn. The allowance resets at the end of the tax year, so if you don’t use it, you’ll lose it.
Update: It's past April 5th and we're into the new tax year, so the window for adding funds to your ISA for the 2021/2022 year has closed. If you're interested in opening a new Hodge ISA for the 2022/2023 tax year, head over to our ISA page to learn more.