06 Apr 2010

New tax year brings increased ISA allowances for all 

The start of the new tax year means that all investors can benefit from increased ISA allowances. It is now possible to invest up to £10,200 in an ISA, up to £5,100 of this can be invested in a Cash ISA and the balance in a Stocks & Shares ISA. If you do not have a Cash ISA the full £10,200 can be invested in a Stocks and Shares ISA.

Baillie Gifford’s Investment Trust ISA gives access to all eight of the investment trusts managed by Baillie Gifford and investors can invest in any combination of these. Lump sum investments can be made from £2,000 (with a minimum of £1,000 per trust) and monthly direct debit payments can be made from £100.

For early birds who invest before 30 April 2010, Baillie Gifford are running a special offer where all new ISA investment will receive a £10 Amazon Gift Certificate*.

*For full details, and to download the Investment Trust ISA Application Pack, see www.bgisas.com.

The value of stock market investments may fall as well as rise and you may not get back the amount you invested.  Current tax rates and reliefs, and the tax treatment of ISAs may change.  The value of any tax benefits will depend on investors' individual circumstances.