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Free Advice on ISAsISAs (individual savings accounts) are the successor to PEPs and TESSAs, and as such they are a tax-efficient savings vehicle for a wide range of investments. This tax year you can invest up to £7,000. You have a choice of Maxi or Mini ISAs although the full £7,000 can only be invested in stocks and shares through a Maxi ISA. There are income and capital gains tax benefits, you do not have to declare your ISA on your tax form, and the ISA manager will claim back all the income tax for you. Stocks and shares ISAs should be regarded as medium to long term savings plans. We can identify those providers that have a track record for delivering good performance from the underlying investments and low charges so that the tax efficiency is maximised. If you invest in cash deposits over the long term there is a very real risk that inflation will eat into your returns. Equities are far more likely to give you a better return over the longer term although there is a balance between risk and return For more information or to apply now. | Return to the Product Page |
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