In this series of blog posts we will be breaking down both the basics and the complexities of investments.
Types of Investment Accounts
Individual Savings Account (ISA)
Individual Savings Accounts- commonly known as ISAS, are a tax efficient way of investing where the returns on your chosen investment are free from Income Tax or Capital Gains Tax.
Take a read of our ‘Everything you need to know about ISA’s’ and WHO WANTS TO BE A MILLIONAIRE? -6 LIFE CHANGING ISA FACTS blog posts to find out more
An investment account is an account where investments can be held outside of an ISA. An investment account doesn’t have the tax benefits of an ISA but any capital gains you make can be offset against your annual Capital Gains Tax allowance.