The Money-saving expert Martin Lewis has reminded savers of a perk they can take advantage of ahead of the new tax year.
Martin Lewis has shared that savers could be saving a fortune by taking advantage of the Individual Saving Allowances (ISA). An ISA is a unique form of saving money in which the money you put into it each tax year becomes protected from taxes indefinitely.
On the Martin Lewis podcast, the money man shared that people only have a set allowance each tax year for their ISA, which automatically resets once the tax year ends, reports Manchester Evening News.