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What are Tax-Efficient Accounts?

Explanation of tax-efficient accounts available through Yeeld

Tax-efficient accounts are special types of savings and investment accounts that offer tax benefits to help you grow your money. At Yeeld, we offer various tax-efficient accounts designed to help you maximise your returns while minimising tax liabilities.

Key Types of Tax-Efficient Accounts Available in Yeeld:

  • ISA (Individual Savings Account): A tax-efficient way to save or invest up to £20,000 per tax year without paying any income tax or capital gains tax on the returns. Yeeld provides a Stocks & Shares ISA, which allows you to invest in a wide range of assets.

  • SIPP (Self-Invested Personal Pension): A pension plan that offers tax relief on contributions, allowing you to build a retirement fund with more flexibility and control over your investments.

By using these tax-efficient accounts, you can grow your wealth faster by taking advantage of the tax benefits available.