Tax free bonuses with ISA's
Brits are being reminded to use their full tax free allowance by investing in an ISA.
An ISA allows an individual to save up to £3,000 per year, and the interest received on the investment is tax free.
National Savings and Investments has recently commented on the flurry of new businesses that have started up, and Moneyfacts advises that ISA's are an excellent tax-free outlet.
It says that some of the best deals include the Halifax's ISA saver Direct, which offers a gross interest rate of 5.00 per cent.
Moneyfacts also recommends Bradford & Bingley's eSavings ISA, which again offers a five per cent rate.
Rachel Thrussell, head of savings at Moneyfacts.co.uk said: 'There is always a flurry of activity concerning tax-free allowances around March and April when we are nearing the end of one tax year and start of a new one.
'But tax-free savings are available throughout the whole year and there are still some great deals available, starting with just £1 to open some accounts.' | 
