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What is an Individual Savings Account (ISA) and how can I invest in one?

April 26, 2017individual invest ISA savings account

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What is an Individual Savings Account (ISA) and how can I invest in one?

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ISAs replaced PEPs and TESSAs as savings schemes within the UK. Investments held in an ISA are free from UK Income Tax and Capital Gains Tax on any profits when you sell your shares. You can open an ISA if you are aged 18 or over and are ordinarily resident in the UK.