There’s just over a month to go until the ISA deadline on April 5 to end the 2014/15 ISA season, and thanks to the changes to ISAs introduced over the summer, you’re able to save more than ever, tax-free. The good news is that your ISA allowance is now £15,000 and, unlike previous years, you can put this full amount into savings in the form of a cash ISA, and pay no tax on the interest that money earns. But, your ISA allowance still doesn’t carry over from one year to the next. So if you don’t manage to save your full allowance into an ISA by the April 5 deadline, the left-over allowance, and the tax-free opportunity it represents, is lost.
So how can you take a bite out of your monthly spending to help boost your ISA allowance over the next few weeks? When it comes to savings that can make a difference to your bank balance quickly, there’s no better place to look than the items you spend money on every single day: food and drink.
Here are seven tweaks to your eating and drinking routine that could quickly help to fill out your savings this month – and bulk up your ISA ahead of deadline day.