One of the most obvious cash investments is a Cash ISA. It pays to shop around for accounts with the best available interest rates, this is a process that one of our advisers can assist you with. When looking for the best rates it is important to take flexibility into account. Fixed term (or Notice) accounts usually pay higher interest rates than Instant Access accounts as they limit you as to when you can make withdrawals. Our advisers can go through the options with you to help you make the most informed choices.
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Find out the tax rates and allownaces for 2023/2024.