| Category |
Description |
| Cash ISAs: |
- Regular Cash ISAs: Allow individuals to save money in cash deposits with interest earnings free from income tax.
- Flexible Cash ISAs: Offer the flexibility to withdraw and replace funds without affecting the annual contribution limit.
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| Stocks and Shares ISAs: |
- Managed Investment ISAs: Managed by professionals who invest in a diversified portfolio of stocks, bonds, and other assets.
- Self-Managed ISAs: Allow individuals to choose and manage their investments within the ISA wrapper.
- Ethical or Sustainable ISAs: Invest in companies and assets aligned with ethical or sustainable criteria.
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| Innovative Finance ISAs (IFISAs): |
- Peer-to-Peer (P2P) ISAs: Invest in P2P lending platforms, potentially offering higher interest rates than traditional savings accounts.
- Crowdfunding ISAs: Invest in crowdfunding projects while enjoying tax benefits.
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| Lifetime ISAs (LISAs): |
Help individuals save for their first home or retirement. Contributions receive a government bonus, and withdrawals can be tax-free if used for eligible purposes.
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| Junior ISAs (JISAs): |
For children under 18, JISAs can be cash ISAs or stocks and shares ISAs. Contributions are made by parents or guardians, and the child gains access to the funds upon turning 18.
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| Inherited ISAs: |
Allow a surviving spouse or civil partner to inherit the tax advantages of their deceased partner's ISA.
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| Flexible ISAs: |
Offer the flexibility to withdraw and replace funds within the same tax year without affecting the annual contribution limit.
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| Structured Product ISAs: |
Invest in structured products that offer returns linked to underlying assets such as stock indices, commodities, or currencies.
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| Property ISAs: |
Invest in property-related assets, such as Real Estate Investment Trusts (REITs), within the ISA wrapper.
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| Geographic or International ISAs: |
Offer the ability to invest in international assets or funds while still enjoying tax advantages.
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