Unit trusts

How do unit trusts work?

If you’ve used all of your ISA allowance in the current tax year, you can continue to invest with us in a unit trust.

  • Unit trusts work in the same way as stocks and share ISAs. The same funds are available and they deliver the same potential for growth. You just need to be mindful that they don’t offer the same shelter from tax as an  ISA.
  • Depending on your circumstances you may be liable to income and capital gains tax on profits (if they exceed certain amounts).
  • For more information on current capital gains allowances: click here.