Enjoy Tax-Efficient Savings

What is an ISA?

Individual Savings Accounts (ISAs) are a little gift from the UK government, so you should really make the most of them.

ISAs are a great way for UK residents to save or invest up to £20,000 tax-efficiently each year

There are four main types of ISA for over 18s: Cash ISA, Investment ISA, Innovative Finance ISA and Lifetime ISA

You can open one each of the four ISA types per year, and split your allowance between them (up to £4000 in a Lifetime ISA)

You can open an investment ISA with connectpx, provided you haven’t opened another stocks and shares ISA this tax year

This year’s ISA allowance
£20,000
With investing your capital is at risk

Use it or lose it

Use your ISA allowance by 5th April, or lose it forever.

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Start my ISA now

Why choose a connectpx investment ISA?

With saving rates so low, now may be the time to consider an investment ISA, for a chance for better returns.

  • Easy sign up process
  • Effortless investing
  • Your money won’t be locked away and you can withdraw it without penalty
  • Access your account 24/7
  • Low fees and no hidden costs
  • No capital gains tax or income tax to pay on your money as it grows
Start my ISA now
With investing your capital is at risk

Transfer to a connectpx ISA

Why would you transfer?

With the ISA limit increased to £20,000, now may be a good time to consider putting some of your money in an Investment ISA:

  • Use part or all of your ISA allowance to save tax-efficiently in an Investment ISA for a chance of better returns.
  • Save money on fees – you may be paying higher fees for your other investment ISAs and could save if you consolidate
  • Your money won’t be locked away, you can withdraw or transfer it at any time, if you need to

How to do it?

You can transfer any cash ISAs or Investment ISAs (aka Stocks and Shares ISAs) you have with other providers to connectpx

Transferring ISAs from previous tax years doesn’t impact your current ISA allowance at all, so you can still put up to £20,000 into an ISA this tax year. However, if you want to transfer an ISA you’ve paid into this tax year, you have to transfer the whole amount, and it will count towards this year’s ISA allowance

Within your connectpx ISA, you can set up as many different ISA Plans as you like, both for transfers in and for this year’s ISA allowance

When you transfer an ISA to connectpx, you should always use the official ISA Transfer Form to retain the ISA tax benefits

To find out more, download our Guide to Investment ISAs.

Please remember with an investment ISA your capital is at risk.

Transfer my ISA now
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