Best Investment accounts

An investment account, often called a General Investment Account (GIA) or brokerage account, is a way to buy and sell a variety of assets including shares, funds and bonds.

Yes, unlike Stocks and Shares ISAs, investment accounts are taxable. This includes capital gains tax on any profit you make when selling assets and income tax on dividends and interest that exceed your Personal Savings Allowance.

An investment account could be worth it if you're a keen investor who wants more flexibility than a Stocks and Shares ISA can offer. There's no limit on how much you contribute to an investment account and there are no restrictions on withdrawals. They can be a great way to continue investing if you've used up your ISA allowance. Just remember that all investments carry risk and the value of investments can fall as well as rise.

Yes, you can have multiple investment accounts. You might want a Stocks and Shares ISA alongside general investment accounts to access a broader range of investment options.