Win a Canon IXUS 75 Digital camera
SORRY, THIS COMPETITION HAS NOW CLOSED.
The new tax year is now here and with it the new ISA rules. For cash savers, you can now put up to £3,600 into an ISA and protect your pennies from the taxman.
But it's a case of in with the new, out with the old. Moneywise's competition to win a 7.1 Megapixel, slimline Canon IXUS 75 digital camera worth £150, courtesy of Alliance & Leicester Savings, ends today at noon.
The prize draw is only open to registered users - so make sure you are registered and logged in before you enter.
So, register, log in and...
Invidivual Savings Accounts were introduced on 6 April 1999 to replace personal equity plans (PEPs) and tax-exempt special savings accounts (TESSAs) with one plan that covered both stockmarket and savings products, the returns from which are tax-exempt. The ISA is not in itself an investment product. Rather, it’s a tax-free “wrapper” in which you place investments and savings up to a specified annual allowance where the returns (capital growth, dividends, interest) are tax-exempt (you don’t have to declare ISAs and their contents on your tax return). However, any dividends are taxed within the investment, and that can’t be reclaimed.