What is an ISA?
An Individual Savings Account (ISA) is a tax efficient savings account. ISAs were introduced by the Government to encourage more people to save for the future. Investments made in ISAs are not liable for income tax or capital gains tax. The maximum amount that you can invest in an ISA for this tax year is £11,520. The favourable tax treatment of ISA may be subject to change in the future.
The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.
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For more information on ISAs and the benefits of savings within an ISA, please visit the Inland Revenue website www.hmrc.gov.uk.
Why a Schroders ISA?
With Schroders, you can invest up to £11,520 this tax year in a stocks and shares ISA. Or you can invest up to £5,760 in a Schroders stock and shares ISA and £5,760 in a cash ISA - we do not offer cash ISAs at Schroders.
Our broad range of funds, give you access to a variety of global markets and investment themes. You can invest in a specific market like the UK or choose a broadly-based fund giving access to a variety of world markets or sectors.
The type of ISA you choose is important and if you're not sure you should speak to your financial adviser. If you currently do not have a financial adviser, please search below:
Although the ISA investment is tax free, the fund itself may have incurred other forms of taxation. The favourable tax treatment of ISAs may not be maintained. Tax assumptions may change and the value of tax relief will depend upon individual circumstances.