We offer the same portfolios and risk levels for both a CIRCA5000 ISA and GIA. Whether you open an ISA or GIA is your choice, based on your own financial circumstances and preference.
You can find more information on ISAs and GIAs below:
An ISA is a tax-free savings account available to all UK tax residents. You can save up to the maximum of your ISA allowance each tax year across any ISAs you have, and you won't pay tax on any capital, interest or dividends.
It's your responsibility to make sure you don't exceed your ISA allowance.
There are several types of ISA available in the financial services industry; at CIRCA5000 we offer a Stocks & Shares ISA.
ISA rules mean you can only add money to one ISA of each type per tax year, e.g. you can add money to one Cash ISA and one Stocks & Shares ISA in the same tax year but you cannot add money to two Stocks & Shares ISAs in the same tax year.
A GIA is an account which also allows you to invest your money in the stock market, but there is no maximum limit on how much you can invest in a GIA. You can also have as many GIAs as you like with other providers.
Tax is applicable on investments made in a GIA; including, but not limited to, tax on any capital gains and interest / dividends. If you're unsure whether you need to pay tax on your GIA please get in touch with a suitably qualified financial adviser.
CIRCA5000 does not offer tax advice.