Frequently Asked Questions

 

Here are the answers to the questions we’re most commonly asked.

If you can’t find the answer you are looking for, please feel free to email us at support@silo.co.uk

What is an ISA?

Every UK resident has the ability to save and invest up to a maximum of £20,000 per annum in a tax free environment, otherwise known as the Individual Savings Account (ISA). You can save in both a Cash and/or a Stocks & Shares ISA, but you are only allowed to open one of each, every year.