ISA

Maximise your tax-free ISA savings allowance by investing in ISA investment funds. You can contribute up to the annual ISA limit of £20,000 per tax year. Your ISA savings will appreciate without the burden of personal income or capital gains taxes, significantly enhancing the potential growth of your savings.

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Find answers to your most pressing questions about our investment planning services and process. The information provided in these FAQs does not constitute professional financial advice. We strongly recommend that you consult a professional adviser before proceeding with a financial transaction.

How much can I pay into an ISA?

The annual ISA subscription limit (the ISA Allowance) is £20K per Tax-Year.

Is an investment ISA a good idea?

Yes, an investment ISA or Individual Savings Account serves as a tax-efficient wrapper that allows you to buy, hold, and sell investments, with any gains or income generated within this ISA being exempt from personal Income and Capital Gains Taxes, which may apply to investments held outside an ISA or pension. It is important to note that the value of your investments can fluctuate, meaning you may not recover the entire amount you initially invested.

What should I invest in an ISA?

If you have surplus capital, it is wise to take advantage of your annual ISA subscription allowance of £20,000 before exploring other investment options, as the profits generated within an ISA are exempt from personal taxes, while gains from assets held outside of an ISA or pension may be subject to taxation.

Can you put £20,000 in an ISA every year?

Yes, you can contribute up to £20,000 to your ISA each Tax-Year, which starts on the 6th of April each year. For example, if you have not utilised your ISA allowance for the current tax year and choose to invest £20,000 at the end of March, you can make another investment of up to £20,000 a few weeks later, provided that the second investment occurs after the 6th of April.

How does an ISA work?

An ISA serves as a tax-efficient wrapper, allowing your investments in cash, equities, or bonds to grow without incurring personal taxes on the profits earned. Typically managed through an investment platform, both you and your adviser can access it online to facilitate the buying and selling of your chosen investments. However, it is important to remember that the value of your investment and any associated income can fluctuate, meaning you may not recoup your initial investment amount.

Can I take money out of my ISA?

Withdrawals from an ISA typically have no restrictions, allowing you to access your funds freely, and best of all, these withdrawals are tax-free and do not require declaration on your Self Assessment Tax Return.

How does an ISA make money?

Investing within an ISA not only shields your earnings from the taxman but also opens the door to a world of investment opportunities, allowing you to harness the power of compound growth without the weight of taxation holding you back. Whether you choose a diversified portfolio of equities, seek the steady income of bonds, or prefer the safety of cash, your ISA empowers you to make informed decisions that align with your financial aspirations. The ability to withdraw funds tax-free when needed adds flexibility to your strategy, ensuring that your money works hard for you while you work towards achieving your dreams. Embrace the advantages of an ISA and watch your financial future flourish with clarity and confidence.

Is income from an ISA tax-free?

The profits generated from your ISA investments are exempt from personal taxes, ensuring that any withdrawals you make from your ISA are completely tax-free and do not need to be reported on your Self Assessment Tax Return.

When should I open an ISA?

The final day of the Tax-Year is the 5th of April, so if you haven’t fully utilised your annual ISA subscription allowance of £20,000 for this Tax-Year and have extra capital ready to invest, it’s advisable to do so before this deadline. Remember, any unused ISA subscription allowance cannot be carried forward; if you don’t make use of it, you forfeit it.

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Investing in an ISA not only provides you with a powerful tool for tax-free growth but also empowers you to design a financial future tailored to your aspirations. Whether you opt for the stability of a Cash ISA or the growth potential of a Stocks and Shares ISA, each option serves a unique purpose in your financial strategy. The Lifetime ISA encourages long-term saving for your first home or retirement, while the Innovative Finance ISA introduces you to alternative investment opportunities. By diversifying your investments within these tax-efficient wrappers, you can enhance your savings, mitigate risks, and work towards achieving your personal and financial goals with confidence.

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Why Choose Fintegrity

Our services are designed to provide peace of mind and financial security for you and your loved ones.

Personalised Approach

We tailor our strategies to meet your unique financial situation and goals.

Experienced Advisors

Our dedicated team comprises highly skilled professionals with a wealth of experience in financial planning.

Proactive Planning

We emphasise innovative strategies designed to enhance your investment performance while effectively reducing the burden of taxes.

Transparent Communication

We ensure clear and straightforward communication, keeping you informed every step of the way.

What Our Clients Say

Cath Addis 2 months ago

We have used Neil for pension and estate planning. He has always been very easy to talk to, explaining all the options very clearly. We couldn't be happier and trust him completely.

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Chris Boddice 4 months ago

Neil has been very helpful in reorganising my finances and has given me confidence that I am making the right choices. Great at explaining options and implications and at asking questions that make you think hard about what you really want. Recommended.

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Kay Cooper 6 months ago

Neil has been fantastic in helping me sort out a long-term financial plan. His knowledge and advice has allowed me to stop worrying about the future and actually make my money work harder for me. Highly recommend!

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Peter Niven 6 months ago

I am due to retire in August this year, plus I came into a substantial legacy from my late mother, so I needed financial advice. He has met me several times and prepared a financial plan for me. I have complete trust in Neil and that is, of course, vital when dealing with large sums to be invested for one's retirement. In addition, he is easy to deal with, and explains quite complicated issues clearly and carefully. Altogether, he is a pleasure to work with and have 'on one's side'.

I am so grateful for everything, Neil (including the ongoing advice and support).

Peter

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Rosamund Skinner 7 months ago

I was recommended to contact Neil Jenkins of Fintegrity IFA earlier this year, because I wanted financial advice and help to manage my financial affairs and my modest savings. I met with Neil twice and found him to be very friendly, approachable, professional and helpful. If I am honest I have little interest in finances but I do understand the need to make my money work for me, and Neil understood this and was very helpful. He listened to me and asked questions and made suggestions, then proposed a plan for my savings that met my requirements. He organised this for me very quickly and efficiently and continues to keep me updated. I feel I can trust him and know that he will respond if I have any queries.

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Janine Deakins 7 months ago

My husband and I needed some impartial financial advice with regard to investing some funds following retirement. Neil took the time to establish our plans for future financial outgoings and to assess the level of risk we were willing to engage with. He explained our options clearly and without any pressure to proceed. We found Neil to be professional, friendly and knowledgable in his field and were confident to go ahead with his recommendation.

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Henry Whelan 7 months ago

Neil was exceptional in helping me decide on life and illness insurance for me and my partner. He respected my specific needs and didn't stray from the brief. He was patient, knowledgeable, and ensured we got the right cover without overspending. Highly recommend!

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Greg Power 7 months ago

Neil has been extremely helpful on a variety of financial matters, providing an expert and personalised service. Would highly recommend.

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Megan Davidson 7 months ago

I was recommended Neil by my accountant to help me consolidate my multiple pensions and also give advise on where I would like to be when I retire.

To say the level of service is exceptional would be an understatement. Communication was clear and transparent all the way through with good help and advise and he was always quick to reply to emails or messages throughout the journey.

Would happily recommend to other businesses and people needed financial advice.

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Rich Merritt 2 year ago

Absolutely recommend Fintegrity. Thorough process to understand our situation, and appropriate recommendations for our future financial goals.

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Expert financial planning advice is essential for securing your future in a world of financial change. Whether managing investments, planning for retirement, or providing financial security for your family, professional guidance can help you make informed decisions aligned with your goals, giving you the confidence to enjoy life, knowing your financial health is in capable hands.

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