4min chapter

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Ep 151: 4 ways to pay less tax before 5th April

Medics Money podcast

CHAPTER

How to Maximize Your ISA Allowance

You can save up to 20,000 pounds every tax year in ISA. Any income from interest or dividends or any capital gains will be tax free within an ISA. You go until the 5th of April, 2023, to use up what you can of the 20,000 pound ISA allowance for 22 to 23. When it's 6th of April,. 2023, a whole new 20,000-pound allowance will be available. But you will lose the allowance from the current tax year that we're in right now. The government will basically pay 25 pence for every one pound you put into your ISA up to a maximum of 1,000 pounds if you were

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