Individual Savings Accounts (ISAs) are a cornerstone of tax-efficient investing in the UK. They offer a fantastic way to grow your money without the worry of Income Tax or Capital Gains Tax eating into your returns*.

* Tax treatment depends on individual circumstances and may change.

With a new tax year now underway, investors have £20,000 in subscriptions that can be made across their ISAs in the 2024/25 tax year.

Further, as of 6 April 2024 investors can open and contribute to multiple ISAs of the same type in a single tax year, where they were previously limited to just one of each type. This allows investors to shop around and take advantage of the most suitable opportunities for them.

LandlordInvest investors have earned an average of 10.46% APR* and those who did so through a LandlordInvest Innovative Finance ISA (ISA) paid no tax on these earnings.

* Past performance is not a reliable indicator of future results. Returns are not guaranteed.

Remember that although you have until 5 April 2025 to make use of the ISA subscription limit, contributing early may allow your money more time to benefit from tax-free compounding.

For more information on the benefits of long term investment, please also read A long view on investing in a peer-to-peer property ISA.

Our blogs are for information purposes only. This content is not financial, legal or tax advice. Should you require any advice in relation to the earnings you make from LandlordInvest we recommend seeking independent professional advice. Links to other sites are provided for your convenience but LandlordInvest accepts no responsibility or liability for the content of those sites or of any external site. The information in this blog is correct at the time of posting.