Addendum

A small mistake slipped through our net when we wrote the budget update newsletter for you and we would like to apologise for it and put things right.

The figures that were given for the Independent Savings Accounts (ISAs) for 2012/13 were in fact those for 2011/2012.

The correct figures are as follows:

Independent Savings Accounts (ISAs)
The ISA savings limits applicable in 2012/13 for those over 18 are:
Overall limit - £11,280
Cash up to - £5,640
Balance in stocks and shares up to - £11,280

For those aged 16 & 17:
Overall limit - £5,640
Cash up to - £5,640
Balance in stocks and shares up to - nil