Tax efficient Savings & Investments
An ISA is an individual savings account that has special tax advantages. The ISA itself is simply a wrapper within which you can hold shares, funds (unit trusts and OEICs) and cash investments.
ISAs are designed to be a flexible way of earning a tax-efficient return on your investments. Because they have special tax privileges there is a limit to the amount to invest annually in cash, shares, and/or funds. You can, however, invest your annual allowance with one or several providers.
ISAs are free from Capital Gains tax, so if you have built up a number of years of ISA investments it can be a major benefit.
No Income tax is payable on ISAs.
Contact us today and we’ll arrange an overview of your current position and advise you if ISA investment would be a suitable option to consider.
The value of units can fall as well as rise, and you may not get back all of your original investment