Michelle Pearce-Burke explains ISAs

Video: ISAs explained

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Invest in a tax-efficient way with Weathify. A Wealthify ISA means you pay no income tax or capital gains tax on the returns you make. You can split your annual ISA allowance between different types of ISA if they apply to you – including cash ISA, Stocks & Shares ISA, Innovative finance ISA and Lifetime ISA. You can save or invest up to £20,000 per tax year in an ISA, so make sure you make the most of your allowance before the deadline, or you’ll lose it forever.

Wealthify helps you to break down the barriers to investing. You can start with just £1 in a Stocks and Shares ISA, Investment ISA, a general investment plan, or an ethical investment ISA. It takes less than 10 minutes to sign up and Wealthify’s experts do everything, picking your investments and managing them for you, every day.

 

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Past performance is not a reliable indicator of future performance. With a Wealthify investment your money is at risk, as the value can go down as well as up. The tax treatment of your investment will depend on your individual circumstances and may change in the future. If you are unsure about whether investing is right for you, please seek financial advice.

The comments and opinions expressed in this article are the author's own and should not be taken as financial advice from Wealthify.

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