Farrell Financial Planning provide ISA advice as part of our investment advice service. It is crucially important to take independent financial advice when considering any investment, including ISAs.
ISAs (Individual Savings Accounts) are tax efficient investments available to UK resident individuals.
ISAs are not available to companies and cannot be held in trust.
The ISA annual investment allowance is £20,000 for tax year 2023/24.
Since 1st July 2014 you have had the option to either invest:
You also have the option to transfer:
UK residents age 16 and over can invest in cash ISAs.
UK residents age 18 and over can invest in stocks & shares ISAs.
Contact us for more information and find out how our independent investment advice on ISAs and other investments can help get your money working harder for you.
Like all investments ISAs may not be suitable for all investors and their value can fluctuate and go down, so you may get back less than you paid in.
All information is based on Farrell Financial Planning’s understanding of UK law & HMRC practice in the UK. Tax and legislation are subject to change.
Contributions towards a lifetime ISA will also count towards your ISA allowance.