Types of ISA available, the tax-free ISA allowance, withdrawing money and transferring ISAs.

Mar 7, 2025 · In our ISA guide, we explain everything you need to know about ISAs: how they work, how much you can pay in, what investments you can hold, and how to transfer one.

Since 2017, there have been four types of account: cash ISA, stocks & shares ISA, innovative finance ISA (IFISA) and lifetime ISA (LISA). Each taxpayer has an annual investment limit (£20,000 since 2020–21) which can be split among the four types as desired. Additionally, children under 18 may hold a junior ISA, with a different annual limit.

Aug 1, 2024 · In this Moneyfarm ISA guide, we will tell you all you need to know about ISAs. How much can I put in ISA 2024/2025? What are the types of ISA accounts? Can I split my ISA allowance? How does ISA transfer work? The UK government introduced the ISA to encourage saving and growing your money for your future easily. What is an ISA?

What is an Isa? The term Isa stands for 'individual savings account', and allows you to save tax-free into a cash savings or investment account. Isa accounts are offered by banks, building societies, insurers, asset managers and National Savings and Investments (NS&I).

Dec 4, 2023 · There are four principal types of ISA: cash ISAs, stocks and shares ISAs, Innovative Finance ISAs and Lifetime ISAs. Cash ISAs are available to people aged 16 or above and are cash accounts that typically offer competitive rates of …

Apr 1, 2025 · An individual savings account (ISA) is a type of savings or investment account that shields your money from tax. You can save tax-free up to the annual ISA allowance.

May 17, 2024 · Cash ISAs are different to your Personal Savings Allowance (PSA), which allows individuals to earn a certain amount of interest on their savings without having to pay income tax on it. The current thresholds are:

Mar 14, 2023 · ‘ISA’ stands for Individual Savings Account. An ISA is part of a tax-free** wrapper scheme which allows people to invest their money and earn capital gains without paying taxes. The Government sets the annual ISA allowance limit each year.

Apr 1, 2025 · Individual Savings Accounts, or ISAs, are a tax-effective approach to save money. With an ISA account, you can save or invest up to a certain amount (your ISA allowance) …