ISA: basics
5 Support topics
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What is an Individual Savings Account (ISA)?
ISA stands for Individual Savings Account, and is a government scheme allowing individuals to hold cash, shares and unit…
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What is the difference between a Stocks & Shares ISA and a Cash ISA?
Our Stocks & Shares ISA allows you to invest your money in a range of tracker (mutual) funds, ETFs,…
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What are the rules around ISA allowances?
HMRC rules state that you’re able to open and deposit into more than one ISA in the same tax…
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Can I move money between my Moneybox ISAs?
You can move money between a Cash ISA and Stocks & Shares ISA in Settings > Move money between…
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Can I open more than one ISA of the same type with Moneybox?
You can pay into more than one ISA of the same type in a single tax year. Currently, it’s…
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It's important you know
Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.
A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.