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Savings

Individual Savings Account

Make sure you use your full ISA allowance this tax year

Individual Savings Account options

You can save in one of the following ways:

  • Cash ISA - a great savings account without the tax

  • Stocks & Shares ISA - invest in a tax- efficient Stocks & Shares ISA offered via our sister company MLC and offers the potential for higher returns. 

Each tax year you have the opportunity to save up to £7,200 in a tax-efficient Individual Savings Account (ISA).  Save up to £3,600 in a Cash ISA and invest the balance, up to a total investment of £7,200 in the stock market with a Stocks & Shares ISA.   Or alternatively you may invest your total ISA allowance of £7,200 in a Stocks & Shares ISA.

Anyone aged 16 years or over is eligible to apply for a Cash ISA.  For a Stocks & Shares ISA applicants must be 18 or over. You must be resident and ordinarily resident in the United Kingdom.

For details of ISAs, investment limits and how they might suit you, contact your local branch.

The value of any tax benefits to you depends on your individual circumstances which can change.


 

 


Cash ISA
Stocks & Shares ISA
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