I am thinking of buying 6.5K's worth of Rathbone Income Fund, however I have already used up this years ISA allowance (cash and mini stocks and shares). Or will have by the end of the financial year (pound cost averaging).
Is it worth waiting until the next tax year and buying this amount in a maxi ISA for a basic rate tax payer like me?
How much per annum would 6.5Ks worth of RIF currently bring in per annum?
I am not too sure about the benefits of the ISA allowance when it comes to stocks and shares for basic rate tax payers.