General Investment Account

Our General Investment Account is designed for investors who’ve used up their ISA allowance and have more to invest.

Open a GIA Transfer a GIA

Date last reviewed: November 19th, 2024

True Potential are trustedby more than 557,000 investors.

£32 billion investedon the True Potential Platform.

Why choose a General Investment Account?

No limit on how much you can invest each year

Withdraw at any time or transfer into a tax-efficient account on April 6th

Tax report produced for you, covering Income and Capital Gains Tax owed

Potential for growth but capital is at risk and returns not guaranteed

How we offer you more.

Personal financial advice whenever you need it

Access to exclusive investment portfolios

Dedicated video, phone and email support

Award-winning technology to track your money 24/7

What is a General Investment Account?

A General Investment Account is a place to invest money you might want to access easily once you’ve reached your annual ISA allowance and have more to invest.

Unlike an ISA, a General Investment Account doesn’t shelter your investment returns from tax, so is typically more suitable once you’ve used up your tax-free allowance first. There is also no limit to how much you can invest. However, if a gain is made as a result of selling or otherwise disposing of investments within your GIA and the amount of gain exceeds your available capital gains tax allowance over the tax year, capital gains tax will be payable.

A GIA is also good for investments you may want easy access to, as, unlike a Personal Pension, it doesn’t have a minimum age to make withdrawals.

At the start of each new tax year, it can be useful to move money from your General Investment Account into an ISA, to protect your returns from tax. With our General Investment Account, you can choose to automate this process – making it easier than ever to do more with your money.

It’s important to remember that, as with all investing, your capital is at risk in a General Investment Account. Investments can fluctuate in value and you may get back less than you invest.

Please remember that tax rules can change at any time.

Our fees and charges.

We believe in keeping fees simple, transparent and great value for money. We’ll talk you through all costs before you sign up and you’ll always be able to see them in your account.

Fee to open an investment

£0

Fee to transfer an investment

£0

Ongoing platform fee charge

0.40%

Typical Ongoing Investment Charge

0.74%

You can find out more on our fees page.

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