RSS Feed

Related Articles

Related Categories

A ‘Good Friday' to invest and maximise tax-free ISA returns

30th March 2012 Print

Leeds Building Society will open over half of its branches on Good Friday, 6th April, to help its members maximise the return on their ISA savings.

The first day of the 2012 / 2013 tax-year falls over the Easter weekend, so a number of branches will now be open for business on Good Friday, with all its branches open as normal on Saturday 7th April.

Paul Kaye, General Manager Sales said, "With the end of the current tax-year approaching, many savers will be looking to top up this year's subscription to the maximum, and they only have until 5th April to do that.

"The good news is, that from 6th April 2012, the new cash ISA limit is £5,640 and this will increase each year in line with the annual change in the Consumer Price Index (CPI), measured at September the previous year, and rounded up to the nearest £120.

"In the current historically low interest rate environment, we know how important it is for our members to maximise the return from their tax-free savings. We provide a local feel with a national presence to our members and that is why we are opening the majority of our branches on the Good Friday holiday, so that savers can invest on the first day of the new tax-year.

"We have chosen to open at locations that we believe will be popular on Good Friday, where people can call into our branches to invest their 2012 / 2013 tax year allowance and start earning interest as early as possible. All of our ISAs allow access to some of the funds, without notice or penalty, so investors will benefit from a good rate of return combined with the peace of mind provided by the ability to withdraw funds at any time."

For more information, visit