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Standard Life Cash ISA Review


Standard Life Cash ISA

 

Read Standard Life Company Review...click here



Standard Life Cash ISA

Whether you want to save regularly, or invest for the longer term the Standard Life Group has a range of options for you to consider.


Standard Life Savings Accounts

  • Standard Life Bank offers savings accounts with competitive tiered interest rates and the option to choose direct access to your cash or a 50 Day Notice account
  • You can conveniently apply for and manage these online or by phone
  • For more information and to apply online – visit Standard Life Bank


Standard Life Individual Savings Account (ISA)
ISAs have become a popular way to save tax-free and the great thing about this investment is that you have several choices:

  • They can comprise up to three components. The Standard Life Group offers two – stocks & shares and cash
  • Invest up to the current £7000 maximum limit each tax year
  • Get tax free returns - income generated by ISA savings is free from personal UK Income and Capital Gains Tax
  • The ISA Stocks & Shares component is offered by Standard Life Investments – for more information and to buy online visit Standard Life Investments
  • For more information on the ISA cash component visit Standard Life Bank

A 10% tax credit can be reclaimed on equity income (although 20% Advance Corporation Tax is payable). After 2004 the 10% credit will not be reclaimable. Cash ISAs are completely free of tax. The government may change the ISA tax reliefs in the future.

Any reference to legislation and taxation is based on Standard Life’s understanding of law and Inland Revenue practice at date of publication. Legislation and taxation are liable to change in the future. Standard Life pays tax on investment returns at the rates applicable to life assurance companies.

For further information on Standard Life Cash ISA's visit the Standard Life Website.

 

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