Tax free investments

There are a variety of tax free investments available in the UK that come free of income or capital gains tax. These include cash ISA’s and stocks and shares ISA’s, tax free investment schemes and offshore investment trusts available in favourable tax destinations.

It pays to check the terms and conditions of any tax free investment carefully because the tax free status can be nullified or financial penalties imposed if you withdraw funds before maturity or before the minimum period of investment is completed.

	Skipton BS boosts tax free savings with new ISAs Skipton Building Society has launched two versions of an easy access ISA offering interest at 3.1 per cent variable, which includes a 1.1 per cent bonus.
	Half of ISA investors ‘won’t use full tax free allowance’ Just seven per cent of investors have so far used their full ISA allowance for 2011-12, according to figures from The Share Centre.
	Investors encouraged to make use of tax-free savings Investors have been encouraged to take advantage of tax-free savings offers sooner rather than later.
	Tax-free ISA limit to increase by £200 for ISA's to help poor An independent report commissioned by David Cameron is released today that offers financial incentives and an increased tax-free ISA allowance for companies and individuals that invest in schemes to help the poor.
	Legal & General Investments launches Junior ISA Legal & General Investments has unveiled details of its new stocks and shares Junior ISA, with three options available depending on risk appetite.