The Budget with ZERO mentions for savers: Hammond fails to offer any cheer - and the Isa limit won't rise



Prudent Britons hoping for some cheer in the Budget today were left bitterly disappointed, with the official 86 page document containing zero mentions of the word 'savers'.
The Isa allowance will not even rise with inflation in April, with the tax-free limit for 2018 to 19 remaining frozen at £20,000 - but Junior Isas will be up-rated in line with CPI to £4,260.
The band of savings income that is subject to the 0 per cent starting rate - which helps those on low incomes - will also be kept at its current level of £5,000 for 2018 to 19.
Meanwhile, Chancellor Philip Hammond targeted National... read more

 
22 November 2017 in Business, Views: 44
Source: Daily Mail
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