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Individual Savings Accounts (ISAs)

ISAs were introduced on April 1999. An ISA is a 'wrapper' which, under current legislation, allows your savings to grow free from income or capital gains tax (whatever your rate).

At present it is possible to invest a maximum of £10,680 for the 2011/2012 tax year in an ISA. There are two different types of ISAs, Stocks & Share and Cash. You can only have one Stocks and Shares manager for each tax year, Aberdeen Investment Trusts do not offer a cash ISA.

Find out how to invest in an ISA.

 
 
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