The help to buy ISA is great news for those saving to buy their first home - effectively a 20% return on your cash.
Allowable ISA investments to be widened later this year - Residential property perhaps?
ISA reforms Posted at 13:30 A "radically more flexible ISA" is next on the list of announcements from the chancellor. In a big move to assist savers, he says from this autumn people will be able to take money out of their account and put it back at the end of the year without losing any of their tax-free entitlement. There's also a help-to-buy ISA on the way, he says: "For every £200 you save for your deposit, the government will top it up with £50 more. It's as simple as this - we'll work hand in hand to help you buy your first home."