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.



A picture showing tra and papers, IF-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

Download Now
 

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 5th April 2017, your personal allowance is £15,240, rising to £20,000 for 2017/18.

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.


 

*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

 
 
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.
Who can open an IF-ISA?
 
To be eligible to open to an IF-ISA you must:
- be aged 18 or over.
- be resident in the United Kingdom
- not have subscribed to another ISA of the same type
- not have exceeded the overall subscription limit, which for 2017/18 is £20,000.
What fees do you charge?
 
We do not charge any fees to investors for providing the IF-ISA. It is free to open, there are no fees for investing in any of our Crowd Bonds and there are no annual management fees.
 

You can find more frequently asked questions here

 

Risk Warning

Investing in small public listed or private companies involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and 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. Crowd for Angels is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own Investment Decisions. You will only be able to invest via Crowd for Angels once you are authorised. Please click here to read the full Risk Warning.

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). Investments can only be made on the basis of information provided in the Pitches by the Investee Companies concerned. Crowd for Angels takes no responsibility for this Information or for any recommendations or opinions made by the Investee Companies.

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

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.