Invest up to £20,000 per year with tax-free gains. Open a Wombat ISA in minutes or initiate a free transfer today.
ISA stands for Individual Savings Account (just FYI).
Enjoy no capital gains or income tax on your investments up to £20,000 per year
Your investments may be covered by the government’s Financial Services Compensation Scheme up to a limit of £85,000. This does not cover any decline in the value of your investments.
Wombat is an Appointed Representative of P1 Investment Management Ltd, who are authorised and regulated by the Financial Conduct Authority.
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ISAs are exempt from capital gains and income tax, up to £20,000 per year.
One the UK's cheapest ISAs. Open a Wombat account for £1/month plus a 0.1% annual fee.
Grow your wealth with dividends and gains that can accrue tax-free for years.
Generally, we would recommend using an ISA if you are able to. This means, if you haven’t yet opened or funded a Stocks and Shares ISA this tax year, and if you haven’t used your £20,000 ISA limit. A GIA is a great choice if you HAVE already opened or funded an ISA elsewhere, or if you’ve reached your £20,000 ISA limit.
To open a Wombat account you need your National Insurance Number, passport, to be over 18, and to be a resident of the UK. You cannot open a Wombat account if you hold any form of US citizenship, even if you live in the UK.
just £1 per month and a platform fee of 0.10% of your account value. See our pricing
With Wombat you can invest in anything on our platform from just £10
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Remember, your capital is risk.
An ISA is an “Individual Savings Account”. If you have an ISA, you can invest up to £20,000 per year completely tax free. There are many types of ISAs, such as cash ISAs, stocks and shares ISAs and innovative finance ISAs. You can have multiple accounts in each type, but you can only open and fund one account per ISA Type each year. Wombat offers a Stocks and Shares ISA.