ISAs are simply tax wrappers to which you can contribute up to £20k per annum (2023/24 tax year). Although there is no tax relief on initial money placed into this structure, all future investment growth and withdrawals are entirely tax free. An ISA also enables you to maintain an element of accessibility to ISA investments, if required.
The holistic approach we take to managing your wealth and highlighting opportunities ensures your assets, including pensions, are best positioned to achieve their objectives.
If appropriate, we will create a bespoke plan to achieve a tax efficient income strategy utilising ISAs. We can also provide investment advice on the underlying assets and ensure the approach adopted is in-line with your risk profile and the timeframes involved.
Important: Individual Savings Accounts (ISAs)
The value of investments and the income from them can fall as well as rise and investors may not get back the full amount invested. Past performance is not a guide to the future and any investment does not have a capital or return guarantee. Tax rules can change. Any investment decisions should be made after receiving professional advice. Contact us today to speak to one of our advisors about your investment planning.
Mattioli Woods plc is authorised and regulated by the Financial Conduct Authority.