General Investment Accounts (GIAs)

A GIA is a simple way to hold investments outside of tax wrappers such as pensions or ISAs. They do not offer tax relief, but have few limitations. Unlike an ISA or pension, there are no tax benefits for investing in a GIA as you pay income tax and capital gains tax in accordance with your personal tax situation.

A GIA can be useful if:

  • You have used up your annual ISA allowance
  • You do not want to lock your money away in a pension until the age of 55