INDEPENDENT FINANCIAL ADVICE CENTRE

Authorised and Regulated by the Financial Conduct Authority

97 High  Street

Billericay

Essex

       CM12 9AJ

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Your Home is at risk if you do not keep up any mortgage or payments secured upon it!

You should remember that past performance is not necessarily a guide to the future. Market and currency movements may cause the value of units, and the value derived from them, to fall as well as rise and you may get back less than you invested when you decide to sell your units. The tax treatment of investments and pensions is not guaranteed and may change in the future.  

RISK Warning You should remember that past performance is not necessarily a guide to the future. Market and currency movements may cause the value of units, and the value derived from them, to fall as well as rise and you may get back less than you invested when you decide to sell your units. The tax treatment of investments and

All of the capital growth from ISA's is tax-free and there is no personal income tax to pay. You don't even have to declare an ISA on your tax return.


The total amount an adult can currently invest in the  2016/2017 tax year is £15,240. The full amount can be invested in either a stocks and shares ISA or a Cash ISA. It is also possible to transfer between the different investment options but the you will still be restricted to one provider per tax year for each type of ISA. Some institutions will be able to offer a combination of both assets classes.


Junior ISAs are a way of building up tax-efficient savings and investments to help with the cost of university, provide a deposit for a house or simply give eligible children a great start in life.

Same tax benefits as an adult ISA - no capital gains tax, and no further tax to pay on   income

Anyone can contribute - useful for birthday and Christmas gifts

Withdrawals possible from age 18

Automatically converts to an adult ISA at age 18

Maximum investment is £4,080 for the 2016/2017 tax year.

All children resident in the UK are eligible for a Junior ISA.

However, children born between 1 September 2002 and 2 January 2011 will need to transfer their Child Trust Fund to a Junior ISA in order to open the account.


One drawback is that the funds will be ‘locked in’ until the child reached 18. and then become the child’s property (so no control over how this will be spent). More information can be found on the Government website click here


You can transfer the value of ISA investments from previous tax years into either asset class.


Dividend income on shares is taxed at source which means that basic rate taxpayers no longer save tax on dividends, but higher rate taxpayers can still avoid having to pay the higher rate tax. Deposit interest and investments in Bond and Fixed Interest funds are not taxed.


Even for basic rate taxpayers who may no longer enjoy an income tax benefit, it is still normally prudent to use your ISA allowance for stock market investing provided you are not charged for the ISA 'wrapper '. Unit trust and OEIC providers, as well as fund supermarkets, rarely charge for ISA wrappers when you purchase a fund. If you do really well you avoid any capital gains tax charges that may apply outside of an ISA wrapper.

If you are new to investing or would like help with your investment choices, please contact us. Depending on the amount of our input and the amounts to be invested, we may be able to offer discounts on your investments.  

For information on investment risk, please refer to the “Investment Objectives” set out at back of our “Fact Find” Click here to go to investment objectives.   

On 6 April 2008 all Pep's automatically became stocks and shares ISA’s.

Individual Savings Accounts