Individual Savings Accounts (ISAs) offer a tax-efficient way to grow your money and are an important feature of many of today’s personal investment portfolios. Your Investment Manager will construct your ISA portfolio so that it complements your other investments. We can also arrange the transfer of existing ISAs so they are managed within the context of your overall investment portfolio. Please be aware that there may be charges involved when transferring an ISA.
How much can you invest in an ISA?
For the 2013/14 tax year the annual ISA subscription allowance is £11,520.
Up to £5,760 of this allowance can be saved in a Cash ISA with one provider. The remainder of the £11,520 can be invested in a Stocks and Shares ISA with either the same or another provider. Alternatively, you can invest all of your £11,520 allowance in a Stocks and Shares ISA.
Any tax allowances or thresholds mentioned are based on personal circumstances and current legislation which is subject to change.