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ISA
Personal
WHAT IS IT?
An ISA is a UK tax-advantaged savings or investment account subject to the rules and limits applying to the particular type of ISA.
IN PLAIN ENGLISH
It is a wrapper that can allow qualifying savings or investments to receive tax advantages.
SIMPLE EXAMPLE
Different types of ISA are available, including Cash ISAs and Stocks and Shares ISAs. Rules, allowances and eligibility depend on the type and current legislation.
WHY DOES IT MATTER
Understanding the type of ISA and how it fits your circumstances is important before using one.
THE ROCKET TEST
An ISA is a tax-advantaged wrapper for eligible savings or investments.
SEE IT IN ACTION
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