How can I earn tax free returns from Investment Plans?
As well as regular investment plans, savers can also incorporate their Individual Savings Account (ISA) allowance, allowing them to invest up to £7,200 per year (soon to increase to £10,200) every year without having to pay a penny in taxes on the returns gained. This can be an extremely effective method for making your savings grow, as there is no limit to the amount of tax free returns you can earn within in any one year. Some people have been know to make it to the ISA Millionaire status simply through making good use of their ISA allowances.
As well as regular investment plans, savers can also incorporate their Individual Savings Account (ISA) allowance, allowing them to invest up to £10,680 every year without having to pay a penny in taxes on the returns gained. This can be an extremely effective method for making your savings grow, as there is no limit to the amount of tax free returns you can earn within in any one year. Some people have been known to make it to the ISA Millionaire status simply through making good use of their ISA allowances.
