Opentrain Share Tips
ISA's
Is it worth investing in ISAs?ISAs give valuable protection from tax – every year you can invest up to £10,200 in ISAs and there will be no income or capital gains tax for you to pay on your returns. This will help you enjoy the full benefit of any growth your investment achieves over the years.
There are two types of ISA – Cash or Stocks & Shares
With a Stocks & Shares ISA you can invest your full £10,200 in stocks and shares or keep up to the full value, less any invested this year in a Cash Isa.
Alternatively you can invest up to £5,100 in a Cash ISA.
You cannot open two of the same type of ISA or have both a Cash ISA and a Stocks & Shares ISA in the same tax year. Whether or not you are eligible to invest in an ISA, and how much the tax savings are worth to you, will depend on your particular circumstances. You should also remember that future governments may change the tax rules.
Introduction
tutorial for the individual self-investor. Useful hints and tips
beginning your first venture into trusts / shares.
www.opentrain.co.uk/sharetips. Share tips, share tutorials,
introduction to investing in shares and funds