
Many Happy Returns Quid’s In: How Much Can You Invest Tax-Free?
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Mar 26, 2025 Discover the potential of tax-free investing in the UK as the tax year wraps up, exploring ISAs, pensions, and more. Uncover how families can maximize savings with Junior ISAs and the nuances of dividend and capital gains allowances. A thought-provoking discussion reveals the long-term implications of ISA allowance freezes amid inflation. Plus, dive into the disparities of ISA usage among different income groups. This conversation blends finance with a touch of humor, making complex topics accessible and engaging.
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Junior ISAs
- Open Junior ISAs for children, allowing £9,000 in annual tax-free contributions.
- Anyone can contribute, so encourage family and friends to help maximize the allowance.
Educational Value of Junior ISAs
- Use Junior ISAs as a learning tool to teach children about investing and the benefits of compounding.
- Discuss investment choices with them and involve them in the process.
SIPP for Retirement
- Consider SIPPs (self-invested personal pensions) for long-term, tax-advantaged retirement savings.
- The annual allowance is up to £60,000, with rollover options for unused allowances.
