Ruth Alexander takes your questions on the New ISA
Ruth Alexander and guests take your calls on the New ISA, which from July 1st allows savers to put away Β£15,000 a year tax free.
Ruth Alexander takes calls on the New ISA (NISA) which from July 1st allows savers to put away Β£15,000 a year tax free. You can use the full limit for either cash, investments or a mix of both. You can only open one cash NISA and one stocks and shares NISA to put new money into each tax year.
How will NISAS Work?
Will I be able to transfer between cash and investments?
IF you are new to investing, what is the tax position on investments in a NISA?
What about ISAs opened from 6th April this year?
Call 03700 100 444 from 1pm to 3:30pm on Wednesday or e-mail moneybox@bbc.co.uk.
Joining Ruth Alexander will be:
Anna Bowes, Savings Champion
Christine Ross, SG Hambros
and Chas Roy-Chowdhury, ACCA.
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Read the transcript for this edition of Money Box Live
Broadcast
- Wed 4 Jun 2014 15:00Βι¶ΉΤΌΕΔ Radio 4