Grow your ambitions investing in our ISA

An Investment ISA enables you to make tax efficient investments with an accredited, regulated ISA provider. With this account, you can sell, buy or hold investments without paying tax or Capital Gains as long as you follow the guidelines on the amount you can pay in. ISA allowances change each year, but the limit is £20,000 for the current year.
One big advantage of an Investment ISA is that you don't need to record any returns from your investments in your ISA for your tax return because they are tax free. If you keep all your savings in ISAs, you can avoid doing a tax return all together.
A Stocks and Shares ISA allows you to invest in funds, bonds, and shares, but this can come with charges. Funds are generally shares or bonds from a number of companies combined in one investment opportunity. Shares allow you to invest in handpicked companies, and bonds are a loan from the government or a company.
Other platforms may charge you to open and hold an ISA with them. But with Fineco, you can open a free ISA account without any exit fees, or switch holdings. So, you won't have any unpleasant surprises.

There are many types of ISAs available and the main are Stocks and shares ISAs, Cash ISAs, Innovative finance ISA and Lifetime ISA.
With Fineco, you can currently only open the Stocks and Shares ISA.
Money saved into a Stocks & Shares ISA is invested in funds and other types of investments. One of the benefits of a Stocks & Shares ISA is that you don’t pay tax on any value you might gain.

In a Stocks and Shares ISA you can store different Investments, having the chance to gain some exposure to financial markets, rather than simply investing money in a savings account.
Despite their name, Stocks and Shares ISA aren’t limited to stocks and shares alone, but they include also investment funds, bonds issued by companies, government bonds and exchange-traded funds (ETFs).
For more information please read our Isa T&Cs.

The Fineco Stocks & Shares ISA allows you to pick from a variety of funds, UK equities, bonds and exchange-traded funds (ETFs) in GBP.

There is a limit for money invested in an ISA in a single tax year (April 6th - April 5th). This year, the limit is £20,000 - this can be split across multiple ISA products. Please note that tax rules and benefits for ISAs can change according to your individual circumstances.

A portfolio is a group of assets than can include a mix of investments. Assets in a portfolio can come in many forms, including stocks, bonds, commodities, futures, CFDs, options, funds, exchange-traded funds (ETFs) and other investments.
With a Fineco Stocks and Shares ISA, you can add to your portfolio by funds, shares, bonds and ETFs.

You don't have to pay UK Capital Gains Tax or income tax on returns with an ISA.
It's worth remembering that rules for ISAs can change. Any tax incentives for your ISA investment could be affected by future changes to ISA rules. For the current year, the limit for ISAs is £20,000. Anything you put in up to this amount will be free from UK Capital Gains and income tax.

For investments outside an ISA, you'll be subject to tax if your profits go above the annual CGT allowance, which for the current year is £12,000. Tax, in this case, will be applied at 10% or 20%, subject to your tax band. For ISA investments, however, you won't have to pay CGT, even if your profit is above the annual threshold. If you choose to sell your ISA at a loss, you can't offset that loss against the sale of other assets outside your ISA.

If you make an income from investments in an ISA, you won't pay any UK income tax. Those ISA investments can include corporate bonds, property income distributions or gilts.

With Stocks and Shares ISAs, losses cannot be used to compensate for gains on other investments. In fact, these accounts have another important benefit as gains are tax-free.