Burnley building society offering tax-free savings advice

With the Bank of England base rate remaining so low, savers are looking to make the most of their hard-earned cash and using the advantages of a tax-free ISA is a popular choice for many.

On Friday, April 3rd, the branch will be holding an ISA focus day and the team is keen to encourage anyone with a question to visit the branch and see if the team can help. People can simply pop in between 9am and 5pm to find out more.

Colleagues at the branch will also be able to offer helpful information on tax free savings options, the range of ISA accounts available. The branch’s financial adviser will also be present to talk about stocks and shares ISAs.

Imran Najeeb, Skipton’s Burnley Branch Manager said: “ISAs are an ideal way to stop the taxman eating away at your savings. Despite ISAs being around for many years we know that there are many people who do not use them to their full advantage. So we’re holding this special focus day to help explain to local savers what their tax-free savings entitlements are.

“As a mutual, the team here at Skipton’s Burnley branch is committed to doing everything possible to encourage local people to manage their finances responsibly and put some cash aside towards their future aspirations or unforeseen expenses.

"Tax free savings should be the backbone of everyone’s savings portfolio, so I’d encourage local people to pop into our ISA focus day to see if their savings shape up.”