ISAs and PEPs

You’ve probably already heard of Individual Savings Accounts (ISAs) as they are one of the most popular types of savings plans in the UK today.

As a simple, flexible and tax-efficient savings option, investors can save a significant amount of money into ISAs. The Stocks and Shares component of an ISA can be invested into OEICs, investment trusts or directly into equities, gilts or corporate bonds.

The New ISA

Changes implemented in July 2014 witnessed the creation of the New ISA (NISA), allowing investors to save even more into this tax-efficient growth option which is subject to neither income nor capital gains tax on encashment.

If you have available cash in a bank or building society account, it may well be advantageous to place some of this money into an ISA, as deposit accounts are normally taxed at the highest rate you pay.

For each tax year, there’s a limit to the amount you can deposit into your ISA. Your annual allowance can be invested in a cash ISA, an investment ISA, an innovative finance ISA, or a combination of the three.

Our specialists will advise you on how best to invest and save your funds. We will create strategies to position your investments for maximum growth and make recommendations for how best to distribute your funds using ISAs, or other savings vehicles.