ISA stands for Individual Savings Account and as the name suggests is a type of savings account. If you save your money in an ISA account, then you can keep all the money you earn from those savings (such as interest) without paying any tax on it

Buying an ISA

You can obtain an ISA from an ISA Manager. These include banks, building societies, friendly societies, insurance brokers, some supermarkets, investment companies, financial advisors and stockbrokers.

ISA Limits

There is a limit on how much you can save in a single year. ISAs first came into being on 6 April 1999, and you can save up to £7,000 each tax year in an ISA until 2006/2007, when this will be reduced to £5,000.

About ISAs

Useful Information

ISA Glossary