Ahead of the “ISA season” – aka the frenzy to invest before the end of the tax year on 5th April, we offer the final instalment of our review of platform lending. Below we look at the major similarities and differences between Innovative Finance Individual Savings Accounts and (IFISAs), which allow investors to hold platform […]
Now is the time to review your finance to get good returns ahead of the end of the tax year. See this coverage of our Innovative Finance Individual Savings Account (ISA) from the Daily Express. This pioneering Isa gives savers access to higher returns available from peer-to-peer (P2P), lending platforms, totally free of tax. Renowned […]
The crowdfunding industry is facing what some term “First World Problems”. In other words, the future is warm and bright for the industry and consumer alike – and the major difficulty is how to make the best of a good situation. In concrete financial terms, the Innovative Finance Individual Savings Account (IFISA), which will be […]
Dear lenders and readers, we draw to your attention the following article in the online arm of The Mail: “Cautious savers are missing out on extra income because they are keeping money in accounts paying paltry rates of interest. “Research by Saga estimates that over-50s hold more than 80 per cent of their cash in […]
Ahead of this afternoon’s Autumn Statement, ThisIsMoney carries a series of predictions. It flags tax-credit changes as likely, but expects little or no change to Individual Savings Accounts (ISAs) or Innovative Finance ISAs. “There is unlikely to be much in the way of exciting announcements regarding savings – but the Chancellor is known to pull […]
Almost half of everyday investors would consider investing in peer-to-peer when the Innovative Finance ISA launches next April, reports the Western Morning News. The newspaper highlights industry research indicating “that the new ISA will expand the market by as much as a third (33 per cent) as investors seek to utilise the tax advantages available […]
The Independent heralds what we all hope will be a new era for savers and investors – and the small and medium-sized companies who are deploying thie capital to grow the British economy. Personal finance editor Simon Read writes: “Is peer-to-peer lending set to crash into the mainstream with a bang next year? “That’s the […]
There’s movement ahead as peer-to-peer (P2P) loans become accepted as mainstream assets capable of being held in an Indiovidual Savings Account (ISA) wth all the tax-benefits. Our friends at Citywire report: “HM Revenue & Customs (HMRC) has provided a boost to investment trusts focused on peer-to-peer lending by allowing savers to hold them in their […]