Savings and Investments

ISAs

Individual Savings Accounts (ISAs)
Overall investment limit £11,520
Including cash maximum of £5,760

Notes

  1. Investments in ISAs are free of income tax and capital gains tax.
  2. Those aged 16-17 can invest in a cash ISA.
  3. ISAs allow you to take your money out at any time without losing tax relief and furthermore you are not required to declare income and capital gains from ISA savings.
  4. The annual investment limit for a Junior ISA is £3,720.


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