How to shelter £58k from taxman this ISA season

According to FundsNetwork research, a family of four consisting of a couple with two children could save up to £58,000 from the taxman if they invest the maximum ISA allowance for both the 2011/2012 and 2012/2013 tax years and open junior ISAs for their children. "For the first time, a family of four is being presented with an opportunity to shelter more than £58,000 from the taxman," said FundsNetwork head of marketing Klare Baldwin. "Advisers will already know that making the most of any form of tax allowance is an absolute must, but in the current environment clients may be less wi...