UK Individual Savings Account (ISA)
A UK savings or investment wrapper where interest, income and capital gains are free of UK tax under the applicable rules.
Definition
A UK savings or investment wrapper where interest, income and capital gains are free of UK tax under the applicable rules.
Why this concept matters
It lets UK residents hold cash or investments in a dedicated tax wrapper.
What to watch
Opening one depends on UK residence or specific UK circumstances; allowances and rules may change each tax year.
Simple example
A UK resident may split £10,000 between a Cash ISA and a Stocks and Shares ISA.
Example currency : United Kingdom (GBP). The product's country takes priority over the interface language.
Availability and country
- Country or system of origin
- United Kingdom
- Status
- Product specific to the UK system
- Access from France
- Opening one is generally limited to UK residents and certain Crown servants living abroad.
- French equivalent
- PEA, life insurance or savings accounts: partial comparisons with no exact tax equivalent.
- Information checked on
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