Individual Savings Accounts
These are simply savings plans to which you can either contribute a regular monthly amount or lump sum, but which have been given certain tax advantages. All growth within an Individual Savings Account is free of capital gains tax as well as any income derived. The maximum contribution in any one tax year is £10,680 per individual. This is a very useful allowance, particularly for retirement planning or as a mortgage repayment vehicle. The choice of investment types is quite wide ranging from cash to managed investment funds and shares. The choice of investments will very much depend on the level of risk you wish to take.
PLEASE NOTE RONNIE B MORTGAGES GIVES NO ADVICE IN CONNECTION WITH
INVESTMENTS