The term ‘ISA’ is an acronym for an Individual Savings Account. You can save up to the annual allowance each year and will not pay tax on interest of the cash in an ISA, or income and capital gains tax from investments in an ISA. ISAs can be a great tool as part of your wider financial plan, allowing you to save and invest your wealth in this tax-free environment.
Throughout this guide, we will explain the key features of an ISA, and the different options you can choose from. If you have any questions following this or would like to speak to an Independent Financial Adviser, please do not hesitate to use our contact details at the end of this document.
