ISAs
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Tax efficient investing with a choice of service; manage yourself or let us take control.
Tax efficient investing, with a choice of retaining control of the investment selection or delegating the decision making to one of our investment professionals.
ISAs are a tax efficient way of investing in stocks and shares and can be run alongside your main portfolio. Existing ISAs can be transferred and amalgamated under one plan, saving you time and money and giving you access to one dedicated portfolio manager.
In the 2010/ 11 tax year, you can invest £10,200 into your ISA. An ISA may be a very useful shelter to shield against income tax. Capital and income may be withdrawn at any time.
Both Managed and Self Select ISAs are very useful tools for efficient investment and help maintain flexibility to cope with changes in personal circumstances.
Key Features:
- In the 2010/ 11 tax year you can invest up to £10,200 into our stocks and shares ISA.
- Comprehensive and independent investment management.
- No restrictions on product investment, subject to Inland Revenue guidelines.
- Access to one portfolio manager who can deal with all requests and identify suitable investment opportunities.
- Fee-free transfer and consolidation of your other ISA plans to Fyshe Horton Finney Ltd.
Risks
- The value of your investments and any income from them may go down and you may get back less than you originally invested.
- The value of tax benefits depends upon individual circumstances, and may be subject to change in the future.
- If you are unsure about the suitability of this service please contact us for advice.
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Budget 2010 - increasing the Individual Savings Account (ISA) limits from 6 April 2011 in line with the Retail Prices Index (RPI)
From 6 April 2011 the Individual Savings Account (ISA) limits will increase annually in line with the Retail Prices Index (RPI).
The new annual limits will be rounded to the nearest multiple of 120, so that individuals who save monthly will be able to calculate their monthly savings more easily.
The new limits will be calculated by reference to RPI for the September before the start of the new tax year. HMRC will announce the new limits as soon as possible after the RPI figure is published, and at least 4 months before the start of the tax year in which they will apply. So, for example, the 2011/12 ISA limits will be indexed to the published September 2010 RPI figure, rounded to the nearest multiple of 120 and announced no later than 5 December 2010.
In the event that RPI is negative, the ISA limits would be unchanged.
As is the case now, following indexation, the cash ISA limit will be half the value of the stocks and shares ISA limit.
From 6th April 2011, the annual ISA allowance for a Stocks and Shares ISA will increase to £10,680 for the 2011/12 tax year.
ISAs: Managed & Self Select
Tax efficient investing with a choice of service; manage yourself or let us take control.
Disclaimer: You should be aware that the price and value of any investments and the income, if any, from them can fluctuate and may fall against your interests. You may get back less than the amount originally invested.
Information on past performance, where given, is not necessarily a guide to future performance. Exchange rate fluctuations may have an adverse effect on the value of financial instruments quoted in a currency other than your agreed settlement currency. The investment and services offered may not be suitable for all investors. Investors with any doubts as to the merits of an investment should seek advice from a suitably qualified professional advisor. You should also be satisfied that the product is suitable for you in the light of your circumstances and financial position.If you are unsure about the suitability of an investment please contact us for advice.
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