Stocks and Shares ISA

Discover where to get the best stocks and shares ISA rate in the UK for your new and existing ISAs.

The current stocks and shares ISA  limit for the 2012 tax year is £11,280. If you haven't already done so, then you must use your ISA allowance every tax year to prevent erosion of your wealth by the insidious savings tax we pay back to the UK government (20% tax on interest earned for most people). UK savers are taxed just for the privilege of being careful with their money and scraping an income from it. Doesn't sound too fair, does it?

ISAs are the answer to savers who wish to have more of their money. The best stocks and shares ISAs available are often still better than using a standard savings account as the interest accrued from an ISA is not subject to savings tax - it's a tax-free investment of your money. You can find the stocks and shares ISA rates here.

I'm sure you'll agree, we certainly pay enough taxes to the UK government in the current economic climate.  The government are taking more of our money than ever before, so recoup some of it by taking advantage of the best stocks and shares ISA you can!  This way, you'll keep more of your money than before.  The advice is to make sure you use your annual allowance for a stocks and shares ISA (currently standing at £11,280 for stocks and shares ISAs from April 2012) or you'll lose the tax-free benefit altogether for this tax year!

Simply knowing your money is accruing wealth for you by sitting nicely in the bank and rising by the best stocks and shares ISA available at that time is a great feeling. But you must manage your money well and it's imperative that you keep abreast of the latest and best stocks and shares ISA rates available in the UK. You can use this website for this reason, or alternative information websites. Unfortunately, it isn't always clear what is the best interest rate at that time. Many ISAs on the UK market offer to allow you to transfer in your existing ISAs, but many ISA providers only provide their best rates to new ISAs opened for new or existing customers, rather than transfers in.

ISAs are a great financial vehicle for you to keep more of your hard-earned savings moving forward (if you'll excuse the pun) and increasing in value. However, with the economy in dire straits at the moment, it may be a little while yet before the best stocks and shares ISA rates increase to previous levels. In many cases at the moment, interest rates are generally lower than inflation. As you should also know, you may not always get back the value of what you put in with stocks and shares ISAs.

The best stocks and shares ISA rates can be found by clicking here.

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