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UK residents aged 18 and over
- You can only pay into one YBS Cash ISA using your ISA allowance per tax year. Cash ISAs are available to UK residents aged 18 and over. Crown employees based overseas and their spouses are also able to open a cash ISA. You can only subscribe to one Cash ISA with us per tax year. You’ll have an annual ISA allowance of £20,000.
www.ybs.co.uk/savings/isas-explained
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To get a Cash ISA with YBS, you’ll need to meet the eligibility criteria. For example: You must be a UK resident for tax purposes. Crown employees, or those married or in a civil partnership with a Crown employee, may also qualify.
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You can only pay into to one Cash ISA with YBS per tax year, using your ISA allowance. Since 6 April 2024, you can now save into more than one Cash ISA in the same tax year. Always check the rules of the ISA provider you plan to use.
3 days ago · Who are ISAs best for? Since 2016, the personal savings allowance (PSA) means you get a tax-free amount of interest, earnable in any savings... Basic 20% rate taxpayers can earn up to £1,000/year interest tax-free. Higher (40%) rate taxpayers can earn £500/year tax-free. Top (45%) rate taxpayers don't get a PSA.
May 17, 2024 · You can save up to £20,000 per tax year into a cash ISA, or split that allowance between cash and stocks and shares ISAs. If you’re aged between 18 and under 40, you can also open a Lifetime ISA , in which you can invest £4,000 of your £20,000 allowance.
3 days ago · All UK residents aged 18 or over can have a cash Isa or a stocks and shares Isa. Crown employees serving overseas or individuals married to such employees are also eligible to open Isas. Will taking money out affect my Isa allowance?
5 days ago · The best cash ISAs can help you make the most of your tax-free savings. Here are the top easy-access and fixed ISA rates to grow your money