Beat the taxman
- use your annual ISA allowance of £15,240 for the tax year 2015/16 and you can earn tax free interest on your savings.
You can use up to your allowance in a cash ISA, a stocks & shares investment or a combination of both. As of the 1st July 2014, there are no restrictions on how you divide your ISA allowance, so you can split your savings between cash ISAs and investments ISAs however you choose.
If you're a UK taxpayer, an ISA could be the account for you, but with so many ISAs available, it's important to compare accounts to make sure you get the best deal. Whether you have £1 to save or £1,000, and can lock your cash away or need instant access, Confused.com can help you find the right ISA for you. We compare easy access ISAs, fixed rate ISAs & Investment ISAs.