UK tax regime should reward hard work, say Brits
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Cash ISA's
85 per cent of Brits believe that the current UK tax regime needs to do
more to reward those who work hard and save well, according to new
research1 from Abbey Savings. When questioned on taxation
issues, 89 per cent of respondents believed that all savings should be
tax-free and 57 per cent stated that greater tax breaks in general
would encourage them to save more.
Money Matters Hit UK Conversation As Well As Wallets
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Cash ISA's
Financial issues such as falling house prices and rising inflation are now talked about more than sport, politics and celebrity gossip. Research* from Alliance & Leicester Savings reveals that half of Brits (50%) have recently discussed finance related issues with friends, family and even colleagues, with just a quarter (26%) talking about celebrities and less than half debating events at Westminster (46%) or mulling over the latest sporting match (40%).
Egg Cash ISA pays an interest rate of 6.05% gross p.a./AER variable
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Cash ISA's
With only 26 days left until the end of the tax year Egg’s Cash ISA paying 6.05% gross p.a./AER variable offers great value for customers who want to take out a cash ISA in 2007/2008 or are thinking of subscribing to a cash ISA in 2008/2009.
ISA Simplification Doesn't Go Far Enough For Savers
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Nine years on from the introduction of Individual Savings Accounts (ISAs) the Government has simplified them, with changes effective from 6 April this year. Whilst these changes are certainly a step in the right direction, Alliance & Leicester Savings believes the Government could go further and is calling for further reform. The Alliance & Leicester Savings proposals are supported by research* showing what UK savers really need from the ISA system, from topping up and investment flexibility, to simpler limits.