Individual Savings Accounts (ISA/NISAs/LISAs)

An ISA is not an investment in itself, but a ‘wrapper’ that provides protection from both income and capital gains taxation on your investment whether it be held in cash or stocks and shares

Every individual over the age of 18 can contribute up to £20,000 every year (2018/19) into an ISA, the amount contributed can be a mixture of cash or stocks & shares with no restrictions to the overall holding in each form of holding. 

You are also able to transfer existing cash or stocks and shares ISAs to other providers without affecting your ISA annual investment limits.

In the March 2016 budget the Chancellor announced a new Lifetime Individual Savings Account (LISA) designed to help young people to save flexibly for the long term throughout their lives.

It is designed to work in conjunction with existing ISA products and be simpler for savers to use.

From April 2017, people under 40 should be able to open a LISA and contribute up to £4000 per year, the Government will then provide a 25% bonus on these contributions at the end of the tax year providing the monies are used to fund a house purchase or towards retirement planning after the age of 60.

ISA Transfer Analysis Service

Many people accumulate a number of various ISA plans with different providers and do not review these investments regularly which may mean they are paying charges that are far higher than they need be and they may be losing out on investment opportunities.

CBK can complete a detailed analysis of your current ISAs and if appropriate, modify your strategy to one that’s more suited to your needs.

The tax advantages of ISA’s are any income and/or capital gains made within your ISA are tax-free, any income withdrawn from your ISA is not deemed ‘income’ for tax purposes and therefore escapes tax.



Regulatory Information: CBK Wales is a trading style of CBK Swansea Ltd which is an appointed representative of TenetConnect Services Ltd which is authorised and regulated by the Financial Conduct Authority. TenetConnect Services Ltd is entered on the Financial Services Register ( under reference 150643.
CBK Swansea Ltd are registered in England and Wales under reference 05577803 Registered Office Address – Suite 3. Henley House. Queensway. Swansea West Industrial Estate. SA5 4DJ
The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.