Over 20 million women set to miss out on tax efficient benefits - Over 20 million women set to miss out on tax efficient benefits ahead of ISA deadline
- Women most likely to lose out to the Taxman warns The Co-operative Bank
Worryingly, the majority (66%) of British females will not be investing in an Individual Savings Account (ISA) before 5 April 2008, and are on track to become the ‘biggest losers‘ in the tax-free savings stakes according to new research from The Co-operative Bank Cash ISA’s.
Two thirds (20.3 million*) of women in the UK are without an ISA, and of the third that do have an ISA, only 32 per cent (6.5 million**) intend to invest ahead of this season’s deadline. This is in stark contrast to their ‘financially savvy’ male counterparts with almost half of men (14.