ISAs represent a tax-efficient container into which to place cash savings and investments in equities, bonds and collectives.

An ISA enables you to accumulate savings in a tax efficient manner as all gains are free from tax, making them particularly attractive to higher rate taxpayers.

An ISA can contain cash deposits, investments in equities, bonds and collectives. Currently, the maximum subscription into ISAs is £10,200 in any one tax year. An individual can invest in two separate ISAs covering Cash, (maximum £5,100), and Stocks and Shares, (maximum £10,200 less what has been invested in cash).

Withdrawals from an ISA can be made at any time without loss of tax relief.

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Individual Savings Accounts (ISAs)
7/09/2010
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5 Point Financial Planning Ltd
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5 Point Financial Planning Ltd is An Appointed Representative of Sesame Ltd.,
which is authorised and regulated by the Financial Services Authority
Sesame Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 150427
The FSA do not regulate National savings products and some forms of mortgage and tax planning.
The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.