Investing TAX FREE U.K. | What is an ISA | Basics of ISA | English | Part 1

[@dreamsofangels7020]

Hi Anna,good content. Waiting for your detailed video. If I invest in life time ISA can I withdraw the money after two years to buy a house. Which bank offers best interest for ISA

[@JS-wc3td]

Thank you so much. Well explained. 👍👍

[@viswasharma1569]

The way you are explaining was very good brother

[@fundoozz]

Nice video. Can you please explain what happens to the Lifetime ISA when you go back to India ? Do you lose the govt contribution ?

[@sowmiyarajendrasenapathy1627]

Take care.. stay safe uncle.. gud 2 c u uncle

[@AnandChennai]

👍🙂

[@meghanamakam8471]

Hi Anand, I read that we will loose tax benefit if we withdraw money from shares and stock ISA, does it mean it will attract capital gains tax? And it was advised that rather than withdrawing amount direct it is better to transfer to cash ISA and then withdraw. Is there any benefit of doing it like this? And what is the best platform to open an Shares and stock ISA?

[@skapoor7778]

Hi, can you please share the link other parts covering the ISA. Thanks in advance.

[@karthikd6656]

I appreciate the efforts sir. But I find the content confusing as it goes back and forth between multiple options. I agree there are multiple scenarios or permutation combinations. But I suggest leaving the permutation combination part to the viewer and just stick to the fact or matter that you are trying to educate. Thank you.

[@ali.s227]

Sir what if we open a second ISA of same type in one tax year ? What would be the consequences?

[@vinson1234567]

Good vdo. Two questions 1. If I invest directly into stocks still I need shares ISA account+share dealing account? 2. What if I leave UK and go back to India?

[@AnandChennai]

You can do stock trading without the ISA. Will be subject to capital gains tax as standard. Just like your UK bank account, you have to decide at that point.

[@Leah0119]

You should write a blog anna :)

[@srinivasancute]

This sounds similar to PPF + govt contribution. Wish i could get similar investment options for india

[@HardeepSingh-qm6ew]

Tier 2 work visa can I trade in Forex ?

[@madhumithakarthik4228]

Hello sir ..can we start lifetime ISA in UK for second house even if we already have 1 house .Thanks in advance

[@AnandChennai]

Hi Madhumitha, Yes you can start LISA (Lifetime ISA) even if you own a house. But you can't use it to buy another house in UK. That option is only for First time buyers. But you can use it for retirement. Technically anyone above 18 and less than 40 can open it and the maximum govt bonus can be 33,000 £. If you invest 3000 £ year you get 1000 £ every year till the age of 50 (33 years ~ 33,000 £) and you can withdraw it when you retire above 60.

[@umamurugan9362]

Uk people only I think 🤔