What Exactly Is a Stocks and Shares ISA?
with a tax-deferred Individual Retirement Account, you can buy stocks and shares without paying capital gains tax (or ISA). In the United Kingdom, earnings from an Individual Savings Account (ISA) are free from income and capital gains tax. Individual savings account. Equities and shares ISAs allow you to invest in various financial instruments, including but not limited to stocks, mutual funds, investment trusts, and bonds.