ISA & GIA

All topics ISA & GIA What is the Stocks & Shares ISA and how does it work?

What is the Stocks & Shares ISA and how does it work?

A Stocks & Shares ISA is a type of Individual Savings Account (ISA) which allows you to invest your savings in the stock market. By investing for the long term, you could earn more on your money than if you were to deposit into a savings account, however it’s worth noting that the value of your investments can go up and down, and you could get back less than you invest.

With the Moneybox Stocks & Shares ISA, you can invest in our range of tracker funds, ETFs, and US stocks. You can also hold funds as Available Cash, earning 3.8% AER (variable).

You can pay up to £20,000 each tax year into an ISA, however this limit is shared between any other ISAs you hold.

How useful was our article?

View other topics

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.

Get started