Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Royal Bank of Scotland Group plc    RBS   GB00B7T77214

Delayed Quote. Delayed  - 08/25 01:10:15 pm
196 GBp   -1.31%
08:48aDJCREDIT MARKETS : Investors Renew Appetite For CoCos -- WSJ
08:24a ROYAL BANK OF S : Redemption of USD Preference Shares Series R and T
08/24DJInvestors Renew Appetite for Europe's CoCo Bonds -- Update
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Royal Bank of Scotland : From ISA to NISA - What's Different about the New ISA?

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/05/2014 | 10:37am CEST

ISAs are changing into a new, simpler product as part of changes announced in the 2014 Budget.

From 1 July, the 'New ISA' (NISA) will have an annual allowance of £15,000 - the biggest ever increase to Isa limits - and all or part can be invested in cash, stocks and shares or whatever combination of the two that you choose.

What does this mean for our customers?

The ISAs we offer aren't changing - it's just the limit. From now until 30 June, you can save up to £5,940 tax free in our cash ISAs for the 2014/2015 tax year. You can also invest up in a stocks a shares ISA, up to a limit of £11,520 minus any money you have put into a cash ISA.

Then from 1 July, your annual allowance will increase from £11,520 to £15,000.  You can saveup to a maximum of £15,000  during  the  2014/2015 tax year in cash,  stocks and shares, or a mixture of the two.

Why should you choose an ISA?

There are lots of different ways to save your money. An ISA is a tax efficient way to save in cash, stocks and shares or a mixture of both. As part of these changes, the government is abolishing the rule that means only half of your ISA allowance can be saved in cash. Also for the first time, savers will be able to transfer funds from stocks and shares ISAs into cash ISAs. It's a great way to build up a tax-free pot of savings.

What's next?

These changes come in to effect on 1 July. If you already have an ISA then you don't need to do anything, but remember, from the beginning of July you can put more money into your Isa, protecting up to a maximum of £15,000 from tax .

If you don't have an ISA then you can speak to one of our advisers in a branch, over the phone or online.

You can find out more about ISAs and our other savings products at www.rbs.co.uk/savings  or www.natwest.com/savings

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ROYAL BANK OF SCOTLAND GRO
08:48aDJCREDIT MARKETS : Investors Renew Appetite For CoCos -- WSJ
08:24a ROYAL BANK OF SCOTLAND : Redemption of USD Preference Shares Series R and T
08/24DJInvestors Renew Appetite for Europe's CoCo Bonds -- Update
08/24DJInvestors Renew Appetite for Europe's CoCo Bonds
08/24 RELIABLE STOCKS IN TODAYS SHARE MARK : The Royal Bank of Scotland Group plc
08/24 ROYAL BANK OF SCOTLAND : Update on The Royal Bank of Scotland Group plc for the ..
08/23 DIRECTOR DEALINGS : RBS HR Director Arden Sells Shares
08/23 ROYAL BANK OF SCOTLAND : Lawyers fail to broker deal with RBS investors who clai..
08/23 Report says Citizens' R.I. tax credits skyrocket from $3.4M to $11.9M in fisc..
08/22 ROYAL BANK OF SCOTLAND : In retreat - Economics Weekly
More news
Sector news : Banks - NEC
11:49aDJBANK OF COMMUNICATIONS : First-Half Net Profit Up 0.9% to CNY37.66 Billion
10:02aDJSBERBANK ROSSII : Russia's Sberbank Sees 2Q Profit Rise 166% on Lower Risk Costs
08:50aDJCITIGROUP : Big Taxi Owner's Public Surrender Of Cabs Is Halted -- WSJ
08:48aDJCREDIT MARKETS : Investors Renew Appetite For CoCos -- WSJ
07:58aDJMALAYAN BANKING BERHAD : 2nd-Quarter Net Profit Falls 26.6%
More sector news : Banks - NEC
News from SeekingAlpha
08/23 ZOMBIE BANKS : Low Price/Book Ratios Characterize The Walking Dead
08/19 INSANITY DOWN UNDER : More Rate Manipulation
08/15 SOLAR INDUSTRY UPDATE : Floatovoltaics, An Indian Energy Exchange, Elon's Solar ..
08/05 Royal Bank of Scotland Group's (RBS) CEO Ross McEwan on Q2 2016 Results - Ear..
08/05 FINANCIALS - TOP 5 GAINERS / LOSERS : 00 pm
Advertisement
Financials ( GBP)
Sales 2016 11 477 M
EBIT 2016 2 508 M
Net income 2016 -3 330 M
Debt 2016 -
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017
Capi. / Sales 2016 2,03x
Capi. / Sales 2017 1,97x
Capitalization 23 346 M
More Financials
Chart ROYAL BANK OF SCOTLAND GRO
Duration : Period :
Royal Bank of Scotland Gro Technical Analysis Chart | RBS | GB00B7T77214 | 4-Traders
Full-screen chart
Technical analysis trends ROYAL BANK OF SCO...
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 2,17  GBP
Spread / Average Target 9,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ross Maxwell McEwan Group Chief Executive Officer & Executive Director
Howard John Davies Chairman
Ewen Stevenson Chief Financial Officer & Executive Director
Aileen N. Taylor Director & Chief Governance Officer
Sandy Crombie Senior Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ROYAL BANK OF SCOTLAND..-35.07%30 860
WELLS FARGO & CO-10.54%245 365
JPMORGAN CHASE & CO.-0.12%238 210
INDUSTRIAL AND COML BA..-1.31%237 823
CHINA CONSTRUCTION BAN..-7.61%185 205
BANK OF AMERICA CORP-8.50%157 154
More Results