New tax year, new allowances 2019
New tax year, new allowances
In the 2019/20 tax year you can invest:
- £20,000 into an ISA
- £4,368 into a Junior ISA
- Up to £40,000 into a pension
Kick off the new year with a financial review
Why not get the new tax year off to a flying start by booking an initial consultation with a financial planner? During your consultation a Tilney financial planner can talk to you about your existing investments, your plans for the future and how we could help you achieve them. It won’t cost you anything and there is no obligation to sign up for any services but if you do decide it’s time to do things differently, we can show you how Tilney can help.
Ideas to give you inspiration this tax year
For an in-depth look at tax-efficient investing, download our guide that covers simple options such as ISAs through to VCTs and other ideas for more experienced investors.
If you’d just like to open an ISA or a SIPP, why not try our award-winning accounts available through Bestinvest?
We have guides on a range of pension topics such as the pension lifetime allowance, pension carry forward and making the most of your pensions.
Options for children
Our Investing for children guide sets out the different ways you can invest on behalf of children whether you want to set up a discretionary trust or are looking for more simple options.
Did you know you can open a Junior ISA or a SIPP for children with Bestinvest?
If you’re thinking of giving a financial gift, we have a guide on this too. It covers the rules and how you can give away money and manage Inheritance Tax. Download
We’re here to help
If you would like to speak to us about anything in this article or your investments in general, we’re here to help. Just email firstname.lastname@example.org or call us on 020 7189 2400.
This article was previously published on Tilney prior to the launch of Evelyn Partners.