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weecalf | 21:31 Sat 03rd Dec 2016 | Business & Finance
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Where would be the best risk free place to lodge 10000 to 15000 for a good rate and easy access .Dont know enough to go into stock and shares just something straight forward .Any thoughts .
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Don`t forget that the first £1000 interest is free of tax.
bank interest is tax efree in ISAs tambo and also in other accounts up to £1000 a year (£500 for higher rate taxpayers)- which means that the vast majority don't pay tax as you'd need maybe £50000 savings
Current Cash ISA limits are £15,240 from 6 April 2016. No tax to pay whatsoever on the interest accrued.
As for says, the first £1000

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