A Stocks & Shares ISA (Individual Savings Account) is a great way to invest your money in a tax-efficient account, available to members who are UK residents.
It allows you to invest in a wide range of assets, such as stocks, bonds, and funds, without having to pay UK income tax or capital gains tax on your returns.
There are four kinds of ISAs available in the UK. At Chip, we currently offer access to a Stocks & Shares ISA and a Cash ISA.
This means that any returns you earn within these accounts are protected from UK taxes.
*When investing, your capital is at risk. The value of your investments can go down as well as up, and you may get back less than your original investment. Seccl Custody Limited is the ISA Manager for the Chip Stocks and Shares ISA.
Fund management charges apply. ISA limits apply. Invest £20k per tax year. Chip does not provide tax or financial advice. Tax treatment depends on individual circumstances and may be subject to change in the future.
Tax treatment depends on individual circumstances and may be subject to change in the future.
Need further help?
If you have any further questions, get in touch with our support team using the in-app chat (this can be found in the Contact Us section on the Profile tab) or by email at hello@getchip.uk for further help.