Important information
Stocks and Shares ISA
Looking to expand your savings and investment portfolio? A General Investment Account (GIA) could be the perfect solution. While Stocks and Shares ISAs offer valuable tax advantages, they come with an annual contribution limit. A GIA complements your ISA strategy by allowing you to invest beyond that limit, giving you more opportunities to grow your wealth over the long term.
Who is a General Investment Account suitable for?
A General Investment Account can be a great option for many investors. If you’ve already maxed out your ISA contributions and want to invest more, a GIA allows you to do just that.
It’s particularly suitable for experienced investors comfortable with a broader range of investment choices and those with long-term financial goals, such as saving for a child’s education or a second home.
A GIA offers a simple and accessible way for anyone to invest their money with the aim of growing their wealth over time.
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. 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 can monitor your investments around the clock through your online portal, so you’re always in the know.
How will I be taxed?
Our expert financial advisers can help you navigate the tax implications of investing in a GIA. They’ll assess your individual circumstances and ensure you’re making the most of your available tax allowances. For example, if you have an unused ISA allowance, it’s usually wise to utilise that before investing in a General Investment Account, as ISAs offer tax-free growth and income.
The exact amount of income and capital gains tax you need to pay depends 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?
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.
