Whether you’re looking for potential growth or the potential for high returns, make sure your returns are tax efficient with an Investments ISA. You can invest on a monthly basis (minimum £25) or you can put in a lump sum (minimum £500). You can invest up to the annual ISA limit* each year in a stocks and shares ISA, less any amount you have already invested in a cash ISA.
If you and your spouse have more than the annual ISA limit* to put away, you can each use your ISA allowance or consider one of our other investment options. Our Investments ISA is provided by Abbey National PEP & ISA Management Limited.
No income or capital gains tax to pay on growth
Potential for greater returns than those available from a Savings Account. Please note the value of investments and any income from them can go down as well as up.
Invest from £25 per month or £500 lump sum (higher minimums apply for our capital secure investments)
You and your spouse can each invest up to the annual ISA limit* this tax year
To find out more call into any Abbey branch or phone us on 0800 587 2764
The tax position stated above is based on current UK legislation, regulations and practice, all of which depends on your personal circumstances and could change in the future. This may affect the tax treatment of any returns you may receive. If you have any concerns relating to your tax position you should contact HM Revenue & Customs or seek professional advice.
Please note that if you cancel an ISA which has been transferred in, all tax advantages associated with it will be lost. If you cancel a cash ISA which has been transferred to a stocks and shares ISA, you will not be able to transfer it back to cash. You may also be unable to open another ISA if you have contributed to a transferred ISA during the current tax year.
* If you are aged 50 or over by the 5th April 2010, you can invest up to £10,200 tax efficiently. Up to £5,100 of this can be saved in a cash ISA, with the remaining balance in a stocks and shares ISA, or the whole £10,200 can be saved in a stocks and shares ISA.
If you are not aged 50 or over by the 5th April 2010, you can invest up to £7,200 this tax year. Up to £3,600 of this can be saved in a cash ISA.
From the 6th April 2010, the increased allowance will apply to all customers.
ISAs are provided by Abbey National PEP and ISA Managers Limited which is a wholly owned subsidiary of Santander Asset Management UK Holdings Limited. Registered in Scotland No. 151605 at: Abbey National House, 287 St Vincent Street, Glasgow G2 5NB, United Kingdom. Telephone 0845 6000 181. Authorised and regulated by the Financial Services Authority. FSA registration number 171448.
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