What tax benefits are available in an IFISA

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Alexander Effingham

Growth Executive

August 10, 2023

Investors do not pay any tax on any of the income they receive from ISA savings and investments. Nor do they pay any tax on capital gains arising on ISA investments. However, losses on ISA investments cannot be allowed for Capital Gains Tax purposes against capital gains outside an ISA.

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What tax benefits are available in an IF-ISA