If you earn interest from a savings account, you need to pay tax on that interest at the same rate as the rest of your annual taxable income.Read more…
Cash ISAs statistics
Where the UK stands with interest-free savings accounts.
With an Individual Savings Account (ISA) offering tax-free interest on your savings, it has been a popular option for people thinking about financing their futures. For the 2019/20 tax year, the tax-free ISA allowance is £20,000 for adults and £4,368 for juniors, with different types of ISAs available based on the purpose of the account.
Here, we run through a comparison of ISA providers and present how cash ISA accounts have performed for both adult and junior savers.
The latest stats
Cash ISAs over time
The Money Charity
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Discover how to find the best fixed-rate bonds and how they compare to other savings accounts.Read more…
Discover all you need to know about 5-year fixed-rate bonds, including how to find the best one for you.Read more…
Discover how fixed-rate cash ISAs work, how to find the best fixed-rate cash ISA and more.Read more…
Discover how a lifetime ISA works, how to find the best lifetime ISA and more.Read more…
If you’re over 50 looking for the best ISA rates, this guide will provide all the information you needRead more…
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