There are two types of ISA
Cash ISA
Stocks and shares ISA
The overall tax free savings allowance per annum is £7,200 - this can be spread across the two types of ISA.
£3,600 can be invested in a Cash ISA with the remainder invested in a stocks and shares ISA. These two ISAs can be with different providers in the same tax year.
You may decide just to invest the whole amount in a stocks and shares ISA, however this type of ISA is not offered through Kent Reliance.
ISAs cannot be held
in joint names or on behalf of anyone other than
yourself, and are available to UK residents over
the age of 16.
The favourable tax
treatment of ISAs is based on current tax legislation,
but this might change in the future.
Kent Reliance
offers the following ISAs:
Postal accounts
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Direct
variable rate cash ISA - Under 25s - this
can include transfer in of Cash ISA(s) from
other provider(s). |
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Direct variable
rate cash ISA - this can include transfer
in of Cash ISA(s) from other provider(s). |
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Direct 65+ variable rate cash ISA (inter-generational) transfer in of Cash ISA(s) from other provider(s) - minimum deposit £30,000.
These accounts can only be opened and operated by post through our Head Office, we do not offer a counter facility at Head Office.
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Passbook accounts
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Variable rate cash ISA - Under 25s - this can include transfer in of Cash ISA(s) from other provider(s). |
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Variable rate
cash ISA These accounts can only be opened and operated through our branch and agency network. |
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