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    • Jun 18

Tax free Savings

Individual Savings Accounts (ISAs) offer a tax-efficient way to save or invest money in the UK. The interest, dividends, and capital gains earned within an ISA are tax-free.

How to Start?

● Open an ISA account with a bank or investment provider.

● Contribute regularly to maximize your annual allowance.

There are 4 types of Individual Savings Accounts (ISA):

● Cash ISA

● Stocks and shares ISA

●Innovative finance ISA

● Lifetime ISA


By fully utilizing your ISA allowance, you can grow your savings more efficiently and keep more of your money.

Every tax year you can save up to £20,000 in one account or split the allowance across multiple accounts. The tax year runs from 6 April to 5 April.




 

For full advice and detailed information, you can reach me at:

 07932802105


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