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Finance Centric - Finance Directory » Listing Details
ISA Rules
URL:http://www.isarules.com
Description:Individual Savings Accounts (ISAs) offer savers in the UK tax free interest on their savings. ISARules.com offers an overview of the rules relating to both Cash ISAs and Stocks & Shares ISAs. These include the rules regarding the opening of accounts, and the transfer of existing ISAs. There is also a look at the tax advantages of using ISAs.
Category:Savings : Savings Guides
Website Owner:Jonathan BrentonISA Rules
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Date Added:May 28, 2010 07:13:25 PM
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Additional Resources
ISA Transfer Rules
There are rules relating to the transfer of Cash ISAs and Stocks & Shares ISAs. It is important to follow the rules directly to avoid losing the tax free exemption. For instance, once cash is withdrawn from a cash ISA, you cannot replace it meaning that the allowance is lost forever. Following the isa transfer rules is the only way to ensure that you retain the tax free status for your savings.
Stocks and Shares ISAs
Stocks and Shares ISAs give you greater flexibility in your investment choices. Rather than holding cash, you can invest in shares, funds, bonds etc. Stocks and Shares ISAs have proved extremely popular, but are considered a more long term investment.