ISA allowances - have you made full use of yours?

Remember the current ISA allowance is £10,680. Up to £5,340 of this can be saved in a cash ISA with one provider. The remainder of the £10,680 can be invested in a stocks and shares ISA with either the same or another provider. Alternatively, the full £10,680 can be invested in a stocks and shares ISA with one provider. If you haven't yet used this year's allowance  contact Tom Morris, tommorris@ecsbrokers.com or 0114 2802830 who will be happy to discuss this with you.

It's also worth remembering that you can make use of each years ISA allowance, even if your money is already invested in other products - by setting up your portfolio correctly it is easy to switch part of it into ISA each year, without incurring new investment fees each time. A couple can move £21,360 each year into tax-efficient ISAs, and so over 5 years it's possible to move over £100,000 using this method.