Stocks and shares ISAs: everything you need to know

Our guide explains how stocks and shares ISAs work and how to open one, as well as looking at the tax implications and transfer rules.

Person's hand is seen holding stocks and shares ISA document while looking at investment portfolio on laptop screen.
Stocks and shares ISAs are tax-efficient investment accounts
(Image credit: Rafe Swan via Getty Images)

Stocks and shares ISAs are a popular way for people to start investing and secure tax-free benefits.

Seen as suitable for long-term savers, the tax-free wrapper functions as a way to grow wealth over time. But how do stocks and shares ISAs work, and are they the right decision for you?

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Rebekah is a news and personal finance journalist with extensive experience in digital journalism. She is currently Newsletter Editor (Global) at TheWeek.com, and a regular contributor to The Week Unwrapped podcast. Rebekah was previously Senior Personal Finance Reporter at Express.co.uk. Her interests include pensions, savings and money saving tips.