Stocks and Shares ISA
A tax-efficient account that lets you invest in funds, shares and other investments.
1 min read Learning to Invest
What it means
A tax-efficient account that lets you invest in funds, shares and other investments. Any growth and income inside the ISA is usually free from UK Income Tax and Capital Gains Tax.
Example
You invest £200 a month into a global index fund through a Stocks and Shares ISA. Over time your investments can grow without tax on gains or dividends.
Why it matters
It can help build long-term wealth more efficiently than investing outside an ISA.
Investment values can go down as well as up. Annual ISA allowance limits apply.
Can I lose money in a Stocks and Shares ISA?
Yes. Unlike Cash ISAs, investments can fall in value, especially over shorter periods.