High Interest Saving Account – ISA

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HIGH INTEREST SAVING ACCOUNT-ISAs
Presented By- Barringtonhowe
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WHAT IS ISA?
What is an Individual Savings Account? 
An ISA is an Individual Savings Account. It is a
way to save or invest your money without any tax.
If you're starting to think about saving or
investing, ISAs could be a good place to begin.
Its a way of setting up an account or investment
so it can benefit from certain tax breaks.
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WHO IS ELIGIBLE TO INVEST IN ISA.

• You want to earn tax-free interest on your cash
  savings
• You are a UK resident for tax purposes
• You are aged 16 or over (junior ISAs are also
  available)

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Rules Cash ISA Transfers
Buying your first home - The property costs
450,000 or less Term Agreement - Theyll pay a
25 withdrawal charge to use ISA saving if they
have a legal interest in property Saving for
later life - withdraw the money for owt else and
you pay a penalty  Returns - 9.85 per annum,
payable annually
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Charges

• If you withdraw early from a fixed-term account
  there might be charges.
• Your provider might charge penalties and fees if
  you transfer your Cash ISA to
• another provider

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ADVANTAGES OF ISA

• Your money will grow tax-free
• You can only pay into one cash ISA
• ISA withdrawal rules have changed
• ISAs offer free money for first-time buyers

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Take Advantage of this tax-years tax free
allowance
Address- Suite 163, 2 Lansdowne Row, Berkeley
Square, Mayfair, London, W1J6HL United
Kingdom Phone- 44 0203 0268820 Email Id -
Barrington Howe