Investing with us through ISAs and SIPPs

There are a number of ways you can invest in Hansa Investment Company tax-efficiently – both on your behalf and for children

Investing in an ISA or SIPP

Individual savings accounts (ISAs) and self-invested personal pensions (SIPPs) offer a way to hold investments such as shares in Hansa Investment Company Limited tax-efficiently. Provided you are UK resident, they can be set up through an investment platform or a financial adviser

Stocks and Shares ISA

Allows someone aged 18 or over to invest up to the total ISA annual allowance of £20,000 in a range of investments. Any income or capital gains made are then free from further UK tax and doesn’t need to be declared on your tax return. ISAs don’t automatically shield your investments from inheritance tax when you die (although spouses and civil partners can effectively ‘inherit’ the ISA values built up by a deceased partner).

Junior ISA

These can be set up for under-18s by parents or guardians. They can accept up to £9,000 per tax year in new investment, and contributions can be made by anyone on the child’s behalf.  No withdrawals are allowed until the child is 18. Any growth or income generated by the investments in the ISA is free from UK tax.

SIPPs

Self-invested personal pensions offer a flexible way to save for later life and retirement and can hold a wide range of investments.

Contributions into a SIPP receive tax relief at your highest rate of income tax (subject to certain earnings limits and annual allowances). So the government tops up money you pay into your SIPP and other pensions by 20% to reflect basic-rate tax relief. Higher and additional-rate taxpayers can then claim back a further 20% and 25% respectively through their annual tax return. Investments also grow tax-free, helping to build a bigger pot.

Proceeds in a SIPP can be normally only be accessed from age 55. Usually, up to 25% of the total value can be taken as a tax-free lump sum.

 

Please note tax rules can change over time and the benefits will depend on individual circumstances.