Individual Savings Account (ISA), Glossary and Terms, Depository Institutions & Credit Unions

U.S Depository Institutions List of United States Depository Institutions, Credit Unions, Guide Service

"Individual Savings Account (ISA)" - Depository Glossary Terms and Abbreviations

An ISA is a tax-efficient account in which you can hold assets in two separate component parts (cash, and stocks and shares). There is a limit to the amount you can invest in ISAs each year. Although tax credits on UK dividends cannot be reclaimed by ISA holders, capital gains made can roll up free of tax, and any income or interest earned is free of basic and higher rate income tax.
Tax rates and reliefs may change at any time and the value of any tax benefits will depend on your individual circumstances.

Depository glossary and terms by letter

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