ISA Tax Savings
ISAs are tax free investment wrappers designed to help people save in a tax efficient manner.
Below are tables showing the tax efficiency of ISAs depending on how much you earn.
Income tax
| Bonds and bond funds | Shares, or funds investing in shares | |
| Basic rate taxpayer | Save up to 20% | n/a |
| Higher rate taxpayer | Save up to 40% | Save up to 22.5% |
| Super (50%) taxpayer | Save up to 50% | Save up to 32.5% |
Capital gains tax
| Tax Savings | |
| Basic rate taxpayer | Save up to 18% |
| Higher rate taxpayer | Save up to 28% |
| Super (50%) taxpayer | Save up to 28% |
ABOUT TRUST ONLINE