When it comes to saving, an ISA product is one of the most tax efficient way of doing it. If you consider that you’ve worked hard to earn that money, why would you want to pay additional tax on the interest that it earns for you.
With an ISA you can save up to £20,000 and you won’t pay a penny on either the investment itself or the subsequent interest that you earn. The only criteria is that you must be over 16, but if you’re not you could always look at a Junior ISA instead.
At Sirius Financial we’re specialists in arranging tax efficient saving with ISA’s. We can offer a ‘whole of market’ view so that you’re not stuck with a narrow choice of products and we can work with you to make sure you end up with the product that matches your specific needs and requirements.
We are hugely experienced in the arrangement of all aspects of ISA’s from Cash, Stock and Shares ISA’s through to innovative Finance and Lifetime ISA’s and even the so-called NISA’s (new ISA’s).
So, if you are interested in looking at how a tax efficient ISA could work for you, then get in contact with us at Sirius Financial. As with most financial planning, setting something up now, will undoubtedly help in the future.
The value of investments can fall as well as rise and you may not get back the amount originally invested.