Stocks & Shares ISAs are a tax efficient way to invest

You can put your Stocks & Shares ISA allowance into a range of investments. Because they are held in the ISA, any gains you make are tax efficient. There's more on this in our guide to Stocks & Shares ISA.

The ISA allowance for the 2015/2016 tax year is £15,240.

• The potential returns can be higher than cash equivalents with the current low interest rates*
• Any gains you make are protected from capital gains tax, but there could be tax paid within the fund you have invested in
• No need to declare any investments that you have in a stocks and shares ISA on a tax return

• Investing should be be a long term savings plan and you should be comfortable with aiming to invest for a minimum of 6 years