hi Arthur

I am not wealthy but I do have ISA's. You don't need to be wealthy to have ISA's surely ???

If you have a bank account with anything in it you can transfer it into a cash ISA account, And you will then qualify for tax free savings on the interest you will have earned on that account. The maximum has just been increased to £5100 per person.

There are also Stocks & Shares ISA's which are slightly more complicated but we don't have any of these.

ISA's are a legitimate Government perk to encourage people to save. It is not tax evasion/avoidance.

As SW says the return is very low but it is available to anyone who wants to save a few bob.

Cheers

MikeL2