When you decide to save, it makes sense to take advantage of all the tax-efficient options available to you. Our Steady Growth With Profit ISA is a Stocks and Shares ISA, tax efficient and professionally managed offering good growth potential. For full details read the Product Summary, Key Features Documents and Terms and Conditions.
Individual ISA Accounts
ISAs or Individual Savings Accounts were introduced by the Government to encourage more people to save.
There are two different types of ISAs – Cash ISA & Stocks & Shares ISA.
Investing in an ISA allows your money to grow faster because you do not have to pay any income or capital gains tax on your savings or investments. You don’t even have to declare your ISA on your tax return.
The favourable tax treatment of ISAs may not be maintained in the future.
The overall investment limit is £11,520 from the tax year 2013-14. You can invest up to a maximum of £5,760 in Cash ISA and additional £5,760 in Stocks and Shares ISA. You can also invest the maximum amount of £11,520 in Stocks and Shares ISA.