App Store Critic Blog

Are you Eligible for Opening ISA Account?

To open an ISA account you have to fulfill certail conditions. Firstly you have to be at laest 16 yaers old to open Cash ISA and at least 18 yaers old to open stocks and shares isa. Secondly you have to be a resident of UK for enjoying the tax benefits of ISAs. In case you are not living in UK at the moment but serving your country overseae and getting paid by UK govermnet then your spouse or civil partner is allowed to open ISA easily. In this way those UK residents who are woking abroad as diplomats or as members of UK armed forces then there life partner are given opportunity to avail this tax free saving and investment option in the form of Cash ISA or stocks ot Shares ISA.