Earn tax-free interest on your peer-to-peer investments up to your annual tax-free allowance
A New Type of ISA Now Available
Be innovative with your money. Invest in an innovative finance ISA (IFISA) and you’ll enjoy the benefits of peer-to-peer investments, bundled up in a tax-free wrapper.
The Innovative Finance ISA means that people can use the tax-free ISA wrapper to invest in a new asset class.
You can invest up to £20,000 as part of your annual ISA investment allowance, which can be transferred from previous ISAs accounts. Set up your investments, sit back and earn more.
Are you making the most of your money? With the Leap IFISA, you could earn tax-free returns of up to 5%. Invest now and make your money work harder for you so you can do more of what you love.
There’s a limit on how much you can invest in ISAs (Cash, Stocks & Shares and Innovative Finance) per year. The Annual ISA Allowance is £20,000 for 20/21. You can use this allowance to fully invest in one ISA, or spread the amount across various types of ISAs – as long as you do not go above the limit.