ISA Tax Free Savings - Stock image

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ISA Tax Free Savings royalty-free stock photo

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Stock photo ID:185288884
Upload date:October 16, 2013

Description

'An ISA, or Individual Savings Account is a financial product available to UK tax residents, in which all the investment gains are free of all tax. The investments are in cash, shares, or investment funds and can be withdrawn at any time. These ISA plans are open for a full tax year, at the end of which that plan is closed to further investment. There is a limit per annum as to the funds that can be invested. Funds can be transferred between fund managers, but must remain within the ISA rules to retain their tax free status. Many managers encourage active investment changes, as opposed to leaving the plans dormant, as markets and opportunities change. Donaat let your ISA funds stagnate, give them a aEtonicaa and put some aEfizzaa back into their growth - as the mock Tonic Water label suggests.'
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