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Tax-free saving accountsAre you a UK tax payer? If so and you are ordinarily resident in the UK, you should seriously consider putting some of your money into an ISA (Individual Savings Account). An ISA is a special type of account within which you can save and invest up to £7,200 tax-efficiently each tax year. Before you open an account, you should think carefully about which type of ISA will suit you best. You can invest in cash or stocks and shares, either with the same or different product providers. You will benefit from tax-free interest if you choose a Cash ISA but, while they are still tax-efficient, not all Stocks and Shares ISAs are tax-free. Download our free ISA guide to help explain how ISAs work.
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