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Here’s how a £20k ISA could generate £7,875 in monthly passive income

Here’s how a £20k ISA could generate £7,875 in monthly passive income

A senior man and his wife holding hands walking up a hill on a footpath looking away from the camera at the view. The fishing village of Polperro is behind them.

Image source: Getty Images

Investing in a Stocks and Shares ISA is a great way to target passive income. Once you’ve chosen which dividend stocks to buy, you can hopefully sit back and watch the money roll in. What’s more, any income drawn will be completely free of tax for life.

Fancy making a substantial second income with a Stocks and Shares ISA? Here’s one strategy to consider.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for carrying out their own due…

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