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Otley: 01943855700  Mob: 07918167134  email: amy@bfandsl.co.uk

Work Smarter, Increase Profitability, Re-Invest Wisely

We’ll help you develop clear long, medium and short term goals for what you
want to achieve and develop a roadmap to get you there.

Tailored Advice For Your Business Needs

We act for a wide range of businesses and offer services and packages
ideally tailored to suit your requirements.

ISAs

The ISA investment limits are as follows:
2018/2019 2019/2020
ISA for shares and/or cash £20,000 £20,000
Junior ISA and Child Trust Fund £4,260 £4,368
Autumn 2018 Budget confirmed that the ISA savings limit will remain at £20,000 for 2019/20. The Junior ISA and Child Trust Fund annual savings limits will however, rise to £4,368 from 6 April 2019.

From 1 December 2015 first time buyers can open a help to buy ISA to help save for their first home. The Government will contribute a 25% bonus, up to £3,000 per ISA which is paid when the funds are used to buy the home.

From 6 April 2017 UK resident individuals aged between 18 and 40 may open a lifetime ISA to save up to £4,000 per year. The Government will contribute a 25% bonus up to £1,000 per year. The funds can be withdrawn from age 60 onwards or when the saver is terminally ill. The savings may also be used to help purchase the saver’s first home worth up to £450,000, after the account has been open for at least 12 months. The Government bonus will be lost if the funds are accessed for other purposes.

Premium Bonds

Individuals may invest up to £50,000 in premium bonds. Any winnings are tax free. The odds of winning a prize for each £1 bond number are currently 24,500 to 1. The annual prize fund interest rate is currently 1.40% (December 2017). There are two £1m prizes and four £100,000 prizes per month.

See our helpsheet on individual savings accounts to see the rules on investing efficiently with ISA's.

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All initial consultations are free of charge. We are here to help young and growing as well as established businesses to realise their full potential.

We believe that all entrepreneurs have an inherent genie which we try to help them realise to release.