An ISA (Individual Savings Account) and Junior ISA (JISA) are a tax-efficient way to save or invest.
The best way to think of an ISA is as a tax ‘wrapper’. The wrapper protects your money and you aren’t charged tax on the interest or capital gains you earn, offering greater growth potential.
Each tax year there is a limit to the amount you can invest in an ISA or Junior ISA. For the 2017/18 tax year the ISA allowance has risen to £20,000 and the Junior ISA allowance is £4,128. These can be invested in any combination of stocks and shares and/or cash.
You can invest up to £20,000 in our Stocks & Shares ISA
Put your money in equity funds, bond funds and cash
Hold funds that invest in shares quoted on stock markets around the world
You can invest up to £4,128 in our Junior ISA
You can invest in any combination of equity funds, bond funds and cash
The value of investments can go down as well as up and you may not get back the amount invested. The value of tax savings and eligibility to invest in an ISA or Junior ISA depend on personal circumstances. All tax rules may change in future. With a Junior ISA, the investment is locked away until the child turns 18. The value of investments in overseas markets may be affected by changes in currency exchange rates.
Our UK-based Fidelity Personal Investing team may call you to help you with any queries you may have concerning the process.
If you have any questions, please call our UK-based team.
Monday to Friday, 8am to 6pm,
Saturday 9am to 6pm.
Please be aware that Fidelity Personal Investing does not give advice. If you are unsure of the suitability of an investment, please contact an authorised financial adviser.