Why invest in a Stocks & Shares ISA?

Investing in an ISA is one of the simplest ways of building your own tax haven and protecting your investments from the taxman.

• Tax wrapper
  The easiest way to think of a Stocks & Shares ISA is to consider it as a wrapper that shelters investments from tax. Within that wrapper you can hold (almost) any investment you like. There is no Capital Gains Tax to pay on any gains and no further tax on the income. Within a Stocks & Shares ISA interest on cash is paid net, within a Cash ISA it is paid gross. Please remember, the value of any tax benefits will depend on your circumstances and tax rules will change over time. Find out where you can invest in the Vantage Stocks & Shares ISA.
• Less tax means higher returns for you
  For those with money to save or invest, there is little reason not to open an ISA. We believe most investors shouldn't even consider investing outside an ISA until they (and their spouse) have used their full ISA allowance.
• Easy to manage
  Making changes to your portfolio in an ISA is simple and all your profits are your own. There's no need for complicated Capital Gains Tax calculations or timing your sales to reduce your tax bill. You don't even need to declare ISAs on your tax return. This leaves you free to make changes to your holdings to suit your needs and appetite to risk.
• Access your money at any time
  You can withdraw your savings at any time, so you can be sure you'll have access to your savings when you need it.
• Substantial tax benefits
  Several tax increases were announced in last year's emergency Budget, including an increase in capital gains tax to 28% for higher rate tax payers, making ISAs even more valuable.
  

Everyone can shelter £10,680 this tax year in ISAs (meaning a couple can shelter as much as £21,360).

If you invest your full ISA allowance each year, it's possible to build up a sizeable tax-free savings pot.