Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

What is the Innovate Finance ISA (IF-ISA)?

The IF-ISA is a new category of ISA (Individual Savings Account) which launched in 2016 and can hold P2P and Crowd Bond investments.

It joins the more well-known Cash and Stocks & Shares ISAs, enabling you to invest your money into crowdfunded debt securities and earn tax-free* returns. With Crowd for Angels you can open an IF-ISA for free and place Crowd Bonds into you IF-ISA for a tax-free* return.



The picture shows a piggy bank on a sun lounger with the title Individual Savings Allowance ISA
 

Image of a woman using laptop and iPhone, P2P

How to use an IF-ISA

Our IF-ISA enables investors to select and lend money on secured terms directly to UK companies seeking funds to expand, diversify or develop their businesses. In this way companies are able to access the funds they need while investors have the potential to earn higher rates of interest than they could on bank deposits or Cash ISAs (while taking on an extra degree of risk) all without paying tax. You can open an IF-ISA account for free with Crowd for Angels and there are no ongoing fees to pay.

You can invest part or all of your ISA allowance into an IF-ISA each year. You can also transfer in any existing ISA funds from previous years.

 

Innovation Finance ISA Guide

Download your free "Ultimate Innovation Finance ISA (IF-ISA)
Guide" written by Crowd For Angels Experts

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What are the benefits of our IF-ISA?

Our IF-ISA is all about investing in Crowd Bonds and earning tax free* returns. For the current tax year, ending the 5th of April 2024, your personal allowance is £20,000.

Our ISA is free to open, available online 24 hours a day, with a choice of UK companies to lend to. It is easy to open, taking less than 5 minutes, and all you need to do is to register and to give us your National Insurance number.


image of stacked pound coins growing to represent growing wealth
 

*The availability of any tax relief, including EIS and SEIS, depends on the individual circumstances of each investor and of the company concerned and may be subject to change in the future. If you are in any doubt about the availability of any tax reliefs, or the tax treatment of your investment, you should obtain independent tax advice before proceeding with your investment.

Investing in debt pitches/Crowd Bonds through Crowd for Angels (UK) Limited involves lending to companies and therefore your capital is at risk and interest payments are not guaranteed if the borrower defaults. Investments made in companies listed on the Crowd For Angels platform are not covered by the Financial Services Compensation Scheme (FSCS).

 

Transfer your existing or open a free Crowd for Angels ISA here

Register Now
 

Frequently Asked Questions

 
 
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WHAT IS AN ISA?

 
An ISA, or Individual Savings Account, provides a tax-free way of growing your money. Every tax year you get a maximum allowance from the government, which can be used in your ISA.
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WHO CAN OPEN AN IF-ISA?

 
To be eligible to open to an IF-ISA you must:
- be aged 18 or over
- be a resident in the United Kingdom
- not have subscribed to another ISA of the same type
- not have exceeded the overall subscription limit, which for 2023/24 is £20,000.
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WHAT FEES DO YOU CHARGE?

 
The IF-ISA is free to open and there are no annual management fees for investors in bonds promoted by Crowd for Angels.
 

You can find more frequently asked questions here

 

Risk Warning

Investment Risks

Investing in small public listed or private companies involves many risks, including illiquidity, lack of dividends, loss of investment and equity dilution. It should be done only as part of a diversified portfolio. Investing in debt pitches through Crowd for Angels (UK) Limited involves lending to companies and therefore your capital is at risk and interest payments are not guaranteed if the borrower defaults. Please click here to read the full Risk Warning.

Investor Suitability

Investments on this website are targeted exclusively at investors who are sufficiently sophisticated to understand the risks involved and make their own investment decisions. You will only be able to invest in pitches on this website once you are fully authorised and the investment is deemed appropriate for you.

Basis of Investment

Investments can only be made on the basis of information provided in pitches by the investee companies concerned. Crowd for Angels takes no responsibility for information provided by external sources, including investee company websites.

Forward Looking Statements & Forecasts

Pitches may contain forward looking statements and financial forecasts or projections. Forecasts are not a reliable indicator of future performance. Crowd for Angels makes no judgement or opinion of the likelihood of targets being achieved. 

Lack of FSCS Protection

Investments made in companies listed on the Crowd for Angels platform are not covered by the Financial Services Compensation Scheme (FSCS).

Tax Relief

The availability of any tax relief, including EIS and SEIS, depends on the individual circumstances of each investor and of the company concerned, and may be subject to change in the future. If you are in any doubt about the availability of any tax reliefs, or the tax treatment of your investment, you should obtain independent tax advice before proceeding with your investment.

Innovative Finance ISA

Holding an investment within an innovative finance ISA does not reduce the risks associated with an investment or guarantee returns and it is possible to lose all of the money invested.

This page has been approved as a Financial Promotion by Crowd for Angels (UK) Limited (Company number: 03064807), which is authorised and regulated by the Financial Conduct Authority (Reference number: 176508). 

Crowd for Angels is for investors who understand their capital is at risk, learn more here.