ISAs were introduced by the government to help people save money for the future. Each year the government sets a limit on the amount you can save – called an ISA allowance. This allowance is reviewed annually by HM Treasury in line with inflation; the tax allowance this year is £15,240.
Selftrade ISA Guide17 March 2016
Keeping investment simple
Sometimes it is useful to go back to basics in terms what an ISA is (Individual Savings Account) and how it can let you save or invest money in a tax efficient way.