General Investment Account

Looking to expand your savings beyond your ISA allowance? Consider complementing your Stocks and Shares ISA with a General Investment Account (GIA).

A GIA offers you access to the same portfolios as a Stocks and Shares ISA but with no annual investment cap. This makes it great for anyone looking to invest more than their personal allowance and reap the potential rewards that investments bring.

However, unlike an ISA, any growth or income from investments in a GIA is taxable; the exact amount of tax you’ll pay depends on your circumstances.

Why choose a General Investment Account?

  • Convenience: Enjoy easy access to deposit and withdraw funds as needed. Just remember that early withdrawals might impact your potential returns, but don’t worry – our financial advisers are here to guide you through these decisions.
  • Transparent Charges: Say goodbye to surprises! You’ll know exactly what you’re paying upfront, with no unexpected fees for making changes or withdrawals.
  • Diversified Portfolios: Gain access to expert-recommended multi-asset portfolios tailored to your risk tolerance and loss capacity.
  • Online Management: Take control anytime, anywhere. You’ll be able to monitor your investments though your online portal around the clock, so you’re always in the know.

How will I be taxed?

Concerned about taxes? Your financial adviser will assess your tax situation to make sure you’re only paying what’s necessary. If you have an unused ISA allowance, it’s typically wise to utilize that before investing in a GIA.

The exact amount of income and capital gains tax you need to pay is dependent on your circumstances. Any income you receive from your investments will be paid to you gross, meaning no tax deductions will be made. You’ll need to settle any tax liability directly with HMRC.

Ready to explore your investment options further? Let’s chat!

info icon blue Important information

When investing, your capital is at risk. Past performance is not a guide to future performance.

Your tax treatment depends on your individual circumstances and may be subject to change in future.