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One of the very few benefits of being a UK citizen is the ISA...

  1. 211 Posts.
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    One of the very few benefits of being a UK citizen is the ISA scheme - where you can invest £20k each year and any gains are tax free. The flip side is that you can't use a loss within an ISA to offset a gain outside an ISA.

    Mr and Mrs Fatoomch's ISAs for 2022-23 and 2023-24 are looking very healthy - thanks to serendipity striking on a visit to Australia Christmas 2022. Just a mere 100% tax free profit (sob's into his champagne). I can live with a mere 20% yoy.

    GLA - appreciate all the advice given on here - hope Beanpea is ok too
    Last edited by Fatoomch: 09/02/24
 
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