What is an ISA?
An ISA is a completely tax-free investment tool that should be a part of every investor’s financial planning portfolio.
Some common goals involve:
- Saving for school fees
- University fees planning
- Building up capital to bolster other retirement plans
- Saving for a holiday of a lifetime
Since taxes do not touch the money in your ISA, it makes sense to make the most of the tax-free benefits you receive by using one
- The value of investments and the income they produce can fall as well as rise. You may get back less than you invested
- Tax treatment varies according to individual circumstances and is subject to change