Friday, July 4, 2008
Greater annual ISA limits for FTBs
Alistair Darling, the chancellor, has said he wants to help first-time buyers get on the housing ladder by introducing greater tax breaks towards saving for a house. Isa rules limit annual savings to £7,200, with just £3,600 in cash. It is possible the Government could raise these limits for first time buyers, saving for a deposit.