21 Things to Know About Isas

As the UK's most popular savings account turns 21, we look at everything you need to know about Isas

Annalisa Esposito 30 March, 2020 | 9:32AM

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Think you know everythign there is to know about Isas? As the popular tax-free accounts turn 21, we look at the key facts: 

1. Isas were introduced by the Government on April 6, 1999. The acronym stands for "Individual Savings Account" and they are a tax-friendly way to save or invest money. This mean that any interest or growth you enjoy on money in the accounts is not subject to tax. 

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author

Annalisa Esposito  is a data journalist for Morningstar.co.uk

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