March 27, 2019
The Assetz Capital Innovative Finance ISA (IFISA) is a 'wrapper' that you can use with any of our Investment Accounts allowing you to shelter investments from tax whilst earning fair returns.
The IFISA is part of a breed of government backed ISA and joins the family of ISAs that include; the Cash ISA, Stocks and Shares ISA and the Lifetime ISA.
With such a wide range of choices you may be asking why I should choose an Assetz Capital IFISA?
Here are a few you may wish to consider:
You can earn fair investment returns from 4.1% target interest*
There are no fees to lend or withdraw your funds
Any returns or gains made from money placed in an ISA are not subject to income and capital gains tax.
Alternative finance is helping the economic growth of the country
Please remember that investment in peer to peer loans is not covered by the Financial Services Compensation Scheme and your capital is at risk.
Did you know you can also transfer previous years’ ISAs?
If you have an ISA or ISAs from previous years’, you can transfer it from one provider to another at any time, in part or in full. This means you can also transfer an unlimited amount of funds from previous years.
If you’re new to the world of IFISAs we have made it really easy to sign up to our platform. Simply provide a few details to set up your account and you will be investing in no time. Our friendly lender team are also on hand to assist you. All of our investment accounts can be given an IFISA wrapper, and the IFISA is available to both new and existing customers. If you have any additional questions you can get in touch with our team via live chat on the website, call us on 0800 470 0430 or email email@example.com
Have you ever thought about whether your tax-free returns are beating inflation which is currently at 1.9% according to the Bank of England Inflation Report?