In the lead up, you can swap the champagne and disco balls for evenings spent filling up ISAs. The savings accounts let you invest up to £20,000 in a number of different opportunities, most commonly stocks, and any profit or dividends you make are free of capital gains tax. But you’ll want to set yours up a little earlier this year: IG’s ISA expert has highlighted a few key updates – not least that you can now open up multiple stocks and shares ISAs in the same year.
You can also make flexible transfers, so you can move a part of your ISA balance instead of the whole amount, giving you more control over your money.
Make sure you maximize your tax-saving opportunities this year, and brush up on the fresh ISA rules (way) before the deadline.
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