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The Independent UK
The Independent UK
Business
Marc Shoffman

How much should I put in an ISA? The basics you need to know

All adults in the UK get a £20,000 annual allowance that can be put into an ISA tax-free - (Getty Images)

Taxes may be on the rise but you can still shelter some of your savings from the taxman using an individual savings account or ISA.

An ISA is the technical term for the label or wrapper that is associated with certain products to ensure any returns are tax-free.

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