An ISA is effectively a ‘tax efficient umbrella' which means that the money you invest enjoys special tax treatment. Currently, ISAs allow you to make tax efficient investments in cash, and stocks and shares.
Tax treatment depends on your personal circumstances. If the Government changes the tax treatment of ISAs this may reduce the potential growth from the investment.
From 6 April 2008 you will be able to invest in one cash and one stocks and shares ISA each tax year. The ISA investment allowance will rise to £7,200 per tax year, subject to certain subscription limits. Find out more about the new ISA rules which came into effect with the beginning of the 2008-9 tax year.
Cash ISA:
Stocks & Shares ISAs:
To find out more about our ISAs, simply choose from the options below.
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