What Can We Do For You
An ISA is one of the most popular products for tax-efficient investment, it allows ones money to grow without attracting capital gains tax in a liquid environment. In the 2017/18 tax year, the ISA allowance has increased significantly from £15,240 up to £20,000.
Investors do not pay any personal tax or income or gains, but ISAs do pay unrecoverable tax on income from stocks and shares received by the ISA managers.
At HPAM the investment ISA product we recommend is a tax-efficient investment account that lets you put money into a range of different investments, including unit trusts and open-ended investment companies (OEICs) as well as cash. The ISA can be used to fund medium term financial objectives such as deposits on properties or children’s education, We may use them to compliment ones tax free retirement income.