Unit Trusts are a useful investment as they can accommodate the tax advantages extended by ISAs, providing the opportunity to benefit from a stock market investment without further liability to Income or Capital Gains Tax.
They are often seen as a crucial component of a stocks and shares ISA and offer a range of other benefits to investors. Unit trusts can provide a range of solutions for medium to long term capital growth and income.
As part of a focused tax planning exercise, unit trusts can provide investors with the flexibility to use their annual Capital Gains Tax allowance. Furthermore, when used in conjunction with a Trust* they also offer an alternative solution for investments on behalf of children.