Invest up to £20,000 each year in a tax-free account. We’ll do the hard stuff so you don’t have to.
As with all investing, your money is at risk. What you’re taxed depends on your own personal situation, and can change in the future.
A Stocks and Shares ISA is an account that allows you to invest up to £20,000 every year without paying any tax. So no income tax (on any interest you earn), dividends tax (on any you dividends you receive from the investments) or capital gains tax (on any profit you make).
ISAs are usually used when investing money for the medium to long term (5 years plus) but have the added flexibility that they can be withdrawn from whenever you like.