Personal Investment Strategy
NOTE: The value of investments can go down as well as up and you may not get back the full amount you invested.
Individual Savings Account (ISA / NISA) are a way of saving and investing without paying any tax on the returns you make.
Tax Reducing Investments
They are all initiatives sponsored by the government to encourage investment into smaller unquoted companies. Broadly speaking, they are a way for small companies to raise large amounts of capital in a short period.
The main tax benefit of investing in an offshore bond is gross roll-up. Gross roll-up means that any underlying investment gains are not subject to tax at source – apart from an element of withholding tax.
Investment bonds are life insurance policies where you invest a lump sum in a variety of available funds. Some investment bonds run for a fixed term, others have no set investment term. When you cash investment bonds in, how much you get back depends on how well - or how badly - the investment has done.
General Investment Accounts
A general investment account (GIA) is a flexible account used to hold a wide range of different investments.