Everything you need to know about Isas

Ruth Jackson runs through the different types of individual savings accounts, or Isas, available to savers.

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Junior Isas are a great way to save for your child put up to £4,080 in the piggy this tax year
(Image credit: PIKSEL)

The government loves to fiddle with Isas. Every year, the rules are tweaked, new types of Isas arrive and the amount you can save changes. But the basic principles remain the same. An Isa is a shelter for your savings and investments: pop your money inside and it's protected from income tax, capital-gains tax and dividend taxes. That means you'll hold on to more of your gains and so your wealth will grow faster.

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Ruth Jackson-Kirby

Ruth Jackson-Kirby is a freelance personal finance journalist with 17 years’ experience, writing about everything from savings accounts and credit cards to pensions, property and pet insurance.

Ruth started her career at MoneyWeek after graduating with an MA from the University of St Andrews, and she continues to contribute regular articles to our personal finance section. After leaving MoneyWeek she went on to become deputy editor of Moneywise before becoming a freelance journalist.

Ruth writes regularly for national publications including The Sunday Times, The Times, The Mail on Sunday and Good Housekeeping, among many other titles both online and offline.