Ensure you’re making the most from your money with independent investment advice
We believe that your money should work hard for you.
Whether you’re interested in Risk Managed funds, Ethical Investments or have a specific Asset class or Geographical region in mind , our independent advisors are perfectly positioned to give you a broad and concise overview of all the investment opportunities currently available. Seeking unbiased, expert advice will help you to make an informed and educated decision.
Our skilled and experienced team of financial experts will assess your current financial position, your attitude to risk, and your savings goals, before recommending the best investment products for you.
What is ISA?
Since they were introduced in 1999, Individual Savings Accounts (ISAs) have become one of the most popular ways to save.
ISAs offer an attractive, tax-favoured shelter to anyone aged 18 or over (16 or over for cash ISAs).
With standard bank and building society savings accounts, taxpayers normally have to pay tax on any interest earned on their money. The tax is deducted from the interest before it is paid out. Similarly gains made on Investments would also be subject to Capital Gains tax but under the broad umbrella of an ISA both of these taxes are avoided.
What are the benefits of ISAs?
There are a number of benefits involved in investing funds in an ISA, including:
– No personal tax (income or capital gains) on any investment in an ISA
– Income and gains from ISAs don’t need to be included in tax returns
– Money can be withdrawn from an ISA at any time, without losing the tax breaks
ISA Maximum Contribution Limits
There are limits to the amount that you can save into an ISA. These limits are reviewed annually.
The 2019/2020 tax year ISA savings limit is £20,000, with junior ISAs having a limit of £9000. This ISA allowance can be split across Stocks and Shares ISAs and Cash ISAs.
Each year, your ISA allowance resets, meaning you can invest up to the maximum contribution limit every year. You can’t however, carry your ISA allowance over into the next tax year.
Speak with one of our advisors today to find out how you can best invest in your future.