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Tips from the first Isa millionaire

Tips from the first Isa millionaire

Individual savings accounts (Isas) just get better and better! The latest announcement in the Autumn Statement that the taxation benefits of an Isa can be effectively passed to a surviving spouse adds yet one more benefit to this extremely attractive investment/savings wrapper. To have the opportunity to invest up to £15,000 per annum – and rising – free of income tax and capital gains tax, and – if qualifying Alternative Investment Market (Aim) shares are chosen – free also of inheritance tax, provided they are held for two years, must represent one of the most attractive offerings available to an investor in the western world.

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