With stocks and shares ISAs you can now shelter up to £11,520 a year (less any investment made into a cash ISA) with no further income or capital gains tax to be pay on the return. Meaning a couple can save as much as £23,040. (Please remember tax rules can change)
Choose a type of savings account to compare from the list below
Self select investment ISAs
Aimed at experienced investors, self-select ISAs are a type of stocks and shares ISA that put you in control of your own investment portfolio - allowing you to invest in various shares, funds and other investment products without having to pay capital gains or income tax on any interest that you earn.
FTSE Tracker ISA
Climate Change ISA
|Legal & General|
UK Alpha Trust
FTSE 100 Enhanced Income Plan 2
|Legal & General|
Actively Managed ISA
|Legal & General|
Actively Managed Income ISA
Essential ISAs Range
Self-select Stocks & Shares ISA
Self Select Stocks & Shares ISA
Stocks and Shares ISA
The J.P. Morgan ISA
More about investment ISAs
ISAs are Independent Savings Accounts. You can save up to £5,760 per year - the current maximum limit - into one cash ISA and one investment ISA per year without paying any tax on the interest you earn.
The cash ISA works like a normal savings account. The investment ISA, however, sees your money invested into the stock market, with the return based on the performance of the shares that your bank has put your money up against. Hence, these are known as stocks and shares ISAs in some areas of the market.
Available from most high street banks and building societies as well as specialists, investment ISAs carry the same risk as any other investment in the stock market - your money is liable to go down as well as up.
You can usually choose differing levels of risk that your money is subject to, with the bank spending your money on a portfolio of different stocks and shares accordingly. With most banks you can also decide yourself which stocks and shares to invest in - though this is only recommended for seasoned investors.
Investment plans usually work for a set period of time - for instance one, three, or five years.
As with the cash ISA, you can have multiple different investment ISAs open, from multiple different banks if you so choose, but you can only pay into one, up to the maximum amount, in any one tax year (April 6th to April 5th).
Read our cash and investment ISAs guide.
Important risk information
This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.
Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.
Help / FAQs
- A basic guide to savings accounts
- ISA savings guide
- How to save when interest rates are low
- Cash ISA vs Investment ISA
- Why it pays to switch your savings account
- Investment ISA guide
- Savings: the current state of the market
- Business savings guide
- Your guide to children's savings
- How to save for your retirement