What is an IFISA?
Invest in lending platforms and receive interest tax-free.
In April 2016, the UK Government introduced the Innovative Finance ISA (IFISA) as an alternative to the more traditional Cash and Stocks & Shares ISAs. An IFISA enables investors to use online lending platforms (like Shojin) and receive returns tax-free.
This ISA category is becoming ever more popular, particularly as investors seek to build a diversified portfolio. Following subscriptions of £36m in its first tax year (2016/17), the amount grew to £438m in the 2019/20 tax year.
How to get started
Make your first tax-free property investment in minutes
Why choose a Shojin IFISA?
Tax-free investing on a project by project basis
Calculate your potential IFISA returns
ISA eligible investments
The frequently asked questions and key terminology for investing via an IFISA.