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New ISA Rules Now in Effect!

From 1 July 2014, ISAs (Individual Savings Accounts) were reformed into a new and simpler product. This change was announced in the March 2014 Budget when the Government unveiled the ‘New ISA’ (NISA), a move that represents the biggest-ever increase to ISA limits. The NISA annual limit is now £15,000. The key features worth noting are: Improved flexibility – the new rules mean you can split your ISA allowance as you …Read More