ISAs
Tax free savings allowing you to
make the most of your money
The last thing you want is the taxman to take part of your hard-earned interest. An ISA (Individual Savings Account) is the collective term for the tax free savings accounts specially introduced by the Government. Julian Hodge Bank offers a Cash ISA to ensure you are able to receive an attractive rate of interest which over the years will help build your savings totally free of tax.
Our Cash ISAs are not Stakeholder standard products. An explanation of Stakeholder standards is provided in the Terms & Conditions (available upon request), together with further important information about ISAs.
Please note that Variable Rate ISAs are currently not available. Fixed Rate ISAs are available and current rates can be viewed on the interest rate table.
HM Revenue and Customs ISA Changes
From 6th October 2009, the ISA subscription limit will increase to £10,200 for anyone eligible to invest in an ISA who was born on or before 5th April 1960 (i.e. who will be aged 50 or over during the current tax year). Up to £5,100 of the new ISA allowance can be saved in a cash ISA with one provider. The remainder of the £10,200 can be invested in a stocks and shares ISA with either the same or another provider. Alternatively, the full £10,200 can be invested in a stocks and shares ISA with one provider. Please note Julian Hodge Bank do not provide a stocks and shares ISA.
These higher limits will apply to all eligible ISA investors with effect from 6 April 2010.
