MiS Magazine
    • Creativity

      Creativity

      See All

      Gammer and Pixel Terror Return with Their 1st Single of 2022 – “Step Back.” Out Now on Dim Mak Records

      Ali Bakgor and Vessbroz Debut on Protocol Recordings with Deep Progressive Gem “Insincere,” featuring J.O.Y

      Felix Schorn, Sary & Drezlo Collaborate On Unique, Electro-Progressive Track “Kung Fu Heart” on Purple Fly

      • Featured Creativity
      • #TrendingArtists
      • Arts & Culture
        • Photography
        • Music
        • Street Art
        • Painting
        • Illiustration
        • Theatre
        • Film & Cinema
      • Creative Events
        • Featured Events
        • MiS Events Listings
        • Add Your Event
      • Creative Lifestyle
        • Food & Drink
          • Top Dining Lists
          • Bars
          • Cafés
          • Restaurants
        • Fashion & Style
          • Label of the Week
        • Creative Living
      • Shoreditch News
    • Innovation

      Innovation

      See All

      5 industries where VR will soon make an impact

      New dedicated LGBTQ+ cultural space to launch in London

      Buy your first NFT in-person at The Other Art Fair London

      • Featured Innovation
      • #Passion2Action
      • #TrendingStartups
      • Tech City News
      • Cool Apps

    NISA Saving For That Rainy Day

    Amisha Mehta·
    Creative Living
    ·24/09/2014·1 min read
    Amisha Mehta
    0shares

    4 City Summer Styles to see you through the heat

    Read More

    There are two kinds of rainy days – the predictable kind that was forecast and came with warning signs and the unpredictable kind that can blindside you if you haven’t prepared for it.

    For both types, we now have the New Individual Savings Account, NISA, which replaced the traditional ISA on 1st July 2014. The maximum contribution rose from £11,880 to £15,000. It’s worth noting that this is the steepest rise since the government introduced the ISA back in 1999 as a carrot method to incentivise saving for the future. While previously, we could only put half of the total allowance in a Cash ISA, with the option to invest the remainder in the high risk category of stocks and shares, now it can all be safeguarded in the cash NISA – untouched by the grubby hands of the pesky taxman. Or it can be split and moved freely between cash NISAs and stocks and shares NISAs.

    Capture

    The Bank of England foresees a rise in interest rates in the near future but as it stands, rates are pretty bleak and the difference offered by a NISA is a considerable one. Say you put £15,000 into an accessible, standard savings account, after a year, post-tax, you would be £75 worse off. Invest it all in a cash NISA with a rate of 2.5% and you’ll find your savings grow £375 after a year. So now is the time to do some research on Gocompare.com, get smart on your options and choose the right provider for you.

    To encourage people to save and savers to get savvier, Go Compare have created a quiz called ‘What Type of Saver are You?’, which gives you a comedy character that represents your spending habits!

    Related Posts

    Modern Advertising Tips For Owners Of Small Independent Businesses

    MiS·09/08/2022

    What To Think About Before Purchasing A Car

    MiS·09/08/2022

    Follow us

    • Like 615,000 Fans
    • Follow 11,000 Followers
    • Follow 25,000 Followers

    Popular

    ‘Vacant’ series by Brad Walls

    Illustrated distortions create images dealing with the void

    Mike Worrall’s surreal, dreamlike paintings

    Events

  • Friday Night Lates
    • 01/04/2022 - 30/09/2022
    • London
  • Platinum Group Show
    • 01/06/2022 - 21/08/2022
    • LONDON
  • Art Trail of Shakespeare\\\'s Quotes for Globe\\\'s 25th Anniversary
    • 08/07/2022 - 30/09/2022
  • Caramilk Creations Café, BOXPARK Shoreditch
    • 11/08/2022 - 12/08/2022
  • Music at Mama's with DJ Hemlin
    • 12/08/2022
    • London
    • About Us
    • Contact Us
    • Privacy
    • Terms
    • Creativity
      • Featured Creativity
      • #TrendingArtists
      • Featured Events
      • Arts & Culture
      • Fashion & Style
      • Food & Drink
    • Innovation
      • #Passion2Action
      • #TrendingStartups
      • Cool Apps
    • About Us
    • Contact Us
    Type to search or hit ESC to close
    See all results
    Username
    Password
    Remember Me
    Enter username or email
    Cancel

    We are using cookies to give you the best experience on our website.

    You can find out more about which cookies we are using or switch them off in settings.

    MiS Magazine | Daily exploration of Creativity & Innovation
    Powered by  GDPR Cookie Compliance
    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

    Strictly Necessary Cookies

    Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

    If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.