You can invest £20,000 tax-free each year when you open an Assetz Capital IFISA. Or, if you have ISAs elsewhere, you can transfer those to Assetz Capital and invest them here too. It’s up to you which accounts you choose to invest in as all of our investment accounts can be IFISA wrapped.
Total amount of tax-free investment you can make each year
Total amount currently invested in our Assetz Capital IFISA
Total number of Assetz Capital IFISAs opened
How it works
Every year, the Government lets you save £20,000 tax-free in ISAs.
In 2016 the government introduced Innovative Finance ISAs, like ours. These sit alongside Cash ISAs and Stocks and Shares ISAs and allow people to use their annual tax-free investment allowances on FCA regulated peer-to-peer lending platforms.
You can have one of each kind of ISA, each year, up to the total value of £20,000.
Can anyone get an IFISA?
You need to be a registered user with Assetz Capital and a UK taxpayer, 18 or older, and have a National Insurance number.
The tax treatment of your investments can depend on your personal circumstances and this could change in the future.
How much can you invest?
You can invest as little as £1 in your IFISA, up to £20,000 each tax year, and you can transfer in sums from ISAs relating to previous tax years. Remember, that £20,000 limit includes any current year ISA you have – not just the money you have with Assetz Capital. You can find out more about your ISA limits here.
How much interest will you earn?
How much you earn depends on what type of account you invest in, but as long as your money remains ISA-wrapped they will continue to earn tax-free returns.
Can you transfer in your other ISAs?
Yes, you can transfer in some or all of your previous years’ ISAs. You can also transfer in other ISAs from the current tax year, but you have to transfer the full amount if you do.
What if you change your mind?
You can cancel your IFISA up to 14 days after you open it. You can still open another IFISA with us, if you change your mind again.