ISAs
In April 1999 the Individual Savings Account (ISA) replaced the PEP in the government's strategy to encourage long-term personal savings. With the progressive improvements to the scale and range of permitted investments, ISAs are now an integral part of most clients' portfolios. They are free of capital gains tax and can be efficient income tax planning products.
We have our own ISA administration and management. ISAs can be tax efficient investment vehicles for UK residents, particularly for higher-rate tax payers, and so we often recommend clients to make full use of such opportunities.
You can subscribe up to £7,200 in the current year into our Stocks and Shares ISA, or you can subscribe up to £3,600 if you have a Cash ISA elsewhere.