ISA Deals
ISA Deals
There are a wide range of ISA deals to take advantage of as most banks and building societies now offer ISA deals of some sort. ISA stands for Individual Savings Account; ISAs were launched by the Government in 1999 and replaced TESSAs and PEPs as a tax efficient way of saving. There are two types of ISA deals:
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Stocks and Shares ISA: You can invest up to £7,200
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Cash ISA: You can invest up to £3,600
If you are aged 18 or over and are a UK resident, you have a yearly tax free allowance of £7,200. Only £3,600 of this allowance may be invested in cash, so you can either have a Cash ISA and only use up to £3,600 of your allowance, have a Cash ISA and then invest the remainder of your tax free allowance into a Stocks and Shares ISA, or you could choose to invest the entire amount into a Stocks and Shares ISA.
If you choose to invest all or part of your allowance in one of the many Stocks and Shares ISA deals on the market, there are a wide range of funds to choose from, including:
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FTSE 100 funds
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Europe-only funds
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Ethical investment
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Stewardship funds
It is important to do research on the history and performance of both the fund and the company supplying it, as this will give an important perspective on the potential performance of the fund.
See below for a selection of Current ISA Deals:
Alternatively click on isa advertising links below:
Investment News Headlines
Please bear in mind that:
Investment ISAs are designed as medium to long term investments, for example at least five years.
The value of your investment and the level of any income received from it can fall as well as rise and is not guaranteed and you may not get back the amount of your original investment.
The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.
If you choose an index-tracking trust which invests overseas, exchange rate variations may cause the value of your investment to increase or decrease.
If you unsure what Investment ISA plan is right for you speak to an independent investment adviser.