Through Abundance you can make direct investments within an Innovative Finance ISA (IF ISA) portfolio, with your investment returns then being tax free.

All of the investments offered by a company or council on Abundance can be held in an IF ISA, except two:

  • West Berkshire 2025 - a debenture issued in 2020 by West Berkshire Council

  • Warrington 2025 - a debenture issued in 2020 by Warrington Borough Council

These two investments are not eligible to be held in an IF ISA because debentures issued by a local authority are not currently included within the scope of the Innovative Finance ISA rules.

All council investments offered on Abundance from 2021 onwards are eligible to be held in an IF ISA as they are structured as p2p loans which are eligible.

Please remember, holding your investments in an IFISA does not reduce the risk of the investment or protect you from losses, so you can still lose all your money. It only means that any potential gains from your investment will be tax free. The tax treatment of your investment will depend on your individual circumstances and may change in the future.

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