One thought on “How much does a stocks and shares Isa cost?”
Arti says:
The tax advantages of stocks and shares Isas can be significant, especially if you’re a higher or additional-rate taxpayer. While a cash Isa is simply a tax-free savings account, a stocks and shares Isa is a tax-efficient investment account that lets you put money into range of alternative investments. This is the same Isa allowance as the 2020-21 tax year. Stocks and shares Isas don’t usually cost any more than general investment accounts. During the 2021-22 tax year, which runs from 6 April 2021 to 5 April 2022, you can place up to £20,000 into an Isa.
The tax advantages of stocks and shares Isas can be significant, especially if you’re a higher or additional-rate taxpayer. While a cash Isa is simply a tax-free savings account, a stocks and shares Isa is a tax-efficient investment account that lets you put money into range of alternative investments. This is the same Isa allowance as the 2020-21 tax year. Stocks and shares Isas don’t usually cost any more than general investment accounts. During the 2021-22 tax year, which runs from 6 April 2021 to 5 April 2022, you can place up to £20,000 into an Isa.