What is Individual savings account?
{{Orphan|date=May 2009}} An '''individual savings account''' is called an '''ISA'''. It is a special type of [[bank]] [[account]] in [[United Kingdom]]. It was started on [[6 April]] [[1999]]. Before that, [[Personal Equity Plans]] (PEPs) and [[Tax-Exempt Special Savings Accounts]] (TESSAs) were used. You can put £3600 or less in an ISA every year. It is special because you do not pay any tax on the [[interest]] you get. {{UK-stub}} [[Category:Money]]