Why would I need an ISA (Individual Savings Account)?

ISAs are tax efficient saving products meaning that you currently do not pay any taxes on the money that you earn or take out of an ISA. There is no income tax, capital gains tax or dividend tax to pay when you withdraw the money from the ISA wrapper. They are a great shelter* for your hard earned savings.

ISAs can give you a savings cushion for life's planned and unexpected happenings. These could include:

Emergencies
University
Hobbies
Home
Children
Holidays
Retirement

* If you choose to invest the money in your ISA, there's always an element of risk involved. The value of your ISA could go down as well as up and you may get back less than you put in.

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Cushon

Cushon Group Limited is registered in England and Wales with company number 10967805. Registered office: Stephenson House, 2 Cherry Orchard Road, Croydon, England, CR0 6BA. Cushon Money Limited is authorised and regulated by the Financial Conduct Authority with FRN 929465 and is registered in England and Wales with company number 11112120. Cushon Master Trust is regulated by The Pensions Regulator with PSR number 12008536. Cushon Group Limited is the sponsoring company of Cushon Master Trust and is registered in England and Wales with company number 10967805. We provide high quality impartial information but not advice, so it is important that you understand the risks of investing. The value of investments can go down as well as up which means you may get back less than you put in.