We aim to make it quick, easy and inexpensive for you to start investing to reach any goal you have in mind.
You can leave it to us to:
- choose your investment plan
- check on its progress
- invest your money tax-free through an ISA
- invest your money tax-free through a Junior ISA on behalf of a child
- invest as much as you like in a General Investment Account
Remember, tax treatment depends on an individual’s circumstances and may be subject to change.
Individual Savings Account (ISA)
When you make your investment through an ISA, any profit your investment earns (up to the annual limit) is not taxed, i.e., the returns are yours to keep, free of income tax, for as long as your ISA exists.
Transfer an ISA/JISA to Munnypot
You can arrange to transfer one or more existing ISAs/JISAs to Munnypot during the investment plan set up or once your account has been set up.
General Investment Account (GIA)
Unlike an ISA, the profits from a GIA are subject to tax. On the upside, there’s no limit to the amount you can invest in any one tax year.
Junior ISAs (JISAs)
Parents use Junior ISAs to invest on behalf of their children. Like an adult ISA, the returns from the investment (up to the annual limit) are permanently tax-free.