ISA guides

If you’re looking to invest your money through an ISA, the forest of options and figures to wade through could seem confusing or even intimidating – so here is a quick guide to what the various types of ISA entail and what they can do for you and your money.

The essence of an ISA is that it allows for investment with tax savings – effectively acting as an umbrella encompassing products which receive benevolent tax treatment. People over 18 can invest up to £7,000 annually (those between 16 and 18 see a limit of £3,000), with this limit set until 2009 amid plenty of clamour for it to be increased. Once you have invested the full amount you cannot put any more in that year, even if you withdraw a certain amount before the 12 months is out. …continue reading the story
called ISA Guide