If you have already used your annual ISA allowance, a General Investment Account (GIA) is a simple way to invest in the same range of funds that are available within our ISA.
Unlike ISAs, you can invest as much as you like into a GIA but it is important to note that there are no tax benefits involved so they are best suited to individuals who have fully utilised their ISA allowance but have more to invest.
This means individuals can invest up to £20,000 into an ISA and pay no tax on any gains, then invest any remaining assets into a GIA, which will be subject to capital gains tax (CGT) on any gains over £6,000.
Our online application can guide you through this process.