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Tax-Efficient Accounts

Understanding Your ISA Allowance

An explanation of the annual ISA allowance and how it works with Yeeld

An ISA, or Individual Savings Account, is a tax-efficient way to save or invest. The UK government sets a maximum amount that you can deposit into ISAs each tax year, known as the ISA allowance.

Key Points About the ISA Allowance:

Annual Allowance Limit: For the current tax year, the ISA allowance is £20,000. This means you can deposit up to £20,000 across all your ISAs (Stocks & Shares, Cash, Innovative Finance, and Lifetime ISAs).
No Tax on Returns: Any income or capital gains earned on your investments within your ISA are tax-free, allowing your money to grow more effectively.
Use It or Lose It: The ISA allowance cannot be carried over to the next tax year. If you don’t use your full allowance within the tax year, it will be lost.
Yeeld ISA Management: Yeeld offers a Stocks & Shares ISA, allowing you to invest up to your full annual allowance while benefiting from the tax advantages of an ISA.

Understanding your ISA allowance helps you make the most of the tax benefits and maximise your investment potential.

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Yeeld's products and services are provided by Yeeld Financial Services LTD (15776510) and Yeeld Investments LTD(15775018), wholly owned subsidiaries of Yeeld Technologies LTD (14870361) registered in England and Wales with a registered office at Level 18, 40 Bank Street, Canary Wharf, London, England, E14 5NR.

Yeeld Financial Services are a co-brand of Payload Ltd, who act as a Programme Manager under Transact Payments Limited (TPL), a company which is incorporated and registered in Gibraltar with company number 108217 and registered office is at 6.20 World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA. Transact Payments Limited is a licensed electronic money institution authorised and regulated by the Gibraltar Financial Services Commission to issue electronic money and provide payment services. Your account and related payment services are provided by Transact Payments Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme, your funds will be held in one or more segregated accounts and safeguarded in line with Part 4 of the Financial Services (Electronic Money) Regulations 2020.Yeeld's cards are issued by Transact Payments Limited pursuant to licence by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Yeeld Investment Limited (FCA no: 1019161) is an appointed representative of WealthKernel Limited is authorised and regulated by the Financial Conduct Authority, no. 723719, registered in England and Wales, no. 09686970, with a registered office at 41 Luke St, London, UK, EC2A 4DP. All assets held under custody are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000. Please refer to https://www.fscs.org.uk for more information.