ISAs
Introduction|
Course|
Q&As |
Recommended reading|
Quiz |
Introduction
Context
ISAs offer important tax breaks on investment income and capital gains. Shares, unit trusts, investment trusts, life assurance and cash can all be 'sheltered' in an ISA, and if the investments perform well, and you take advantage of the full ISA allowance year after year, you could build up a tidy retirement fund free of tax.
Prior knowledge required
None. A little intellectual tenacity when reading the rules on maxis and minis will help.
Contents
- What is an ISA?
- Who can take out an ISA?
- ISA investments: the 'Components'
- The different kinds of ISA: Maxi, Mini and Tessa-only
- How many ISAs can you have?
- How much can you put in an ISA?
- Maxi or Mini?
- Tax rules on ISAs
- Practical significance of ISA tax rules
- Cash ISAs
- Stocks & Shares ISAs
- Choosing an ISA fund
- Buying an ISA
- Charges and CAT standards
- Where to find an IFA
- Switching ISA investments
- Transferring shares into an ISA
- Withdrawing funds from an ISA
- Conclusion
