Which investment account is right for me?
Generally, we would recommend using an ISA if you’re eligible, to make the most of your tax free benefits.
Each tax year, you can open and deposit up to £20,000 across all eligible ISAs. You can open and contribute to more than one ISA type, including multiple Stocks and Shares ISAs, but the total amount you invest across them must not exceed your annual ISA allowance of £20,000 (allowances differ and restrictions apply to LISAs & JISAs). Learn how to transfer your ISA to a Quilter Invest ISA here.
Please note, tax treatment depends on your individual circumstances and may change in future.
Read more about ISAs on gov.uk.
A GIA is a great choice if you have already opened or funded an ISA, or if you’ve reached your £20,000 ISA limit.
A Junior ISA (JISA) is a great, tax-efficient way to save up to £9,000 per year for each of your children, so long as they live in the UK and are under 18.