Standard Life ISAs
Standard Life ISAs
Standard Life ISAs come in two forms – Cash ISAs and Stocks and Shares ISAs – to allow you to keep your savings, investments and interest all tax-free.
Standard Life ISAs offer:
- Cash ISA – Allows investments of up to £3,600 per tax year
- Stocks and Shares ISA - Allows you to invest a maximum of £7,200 each tax year.
You may hold both types of Standard Life ISAs - a Cash ISA and a Stocks and Shares ISA - and pay into them both during the same tax year, as long as your combined deposits do not exceed £7,200 and you do not invest more than £3,600 of your allowance into the Cash ISA.
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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.