One of the most tax-efficient ways for UK residents to start investing is via a a Stocks and Shares ISA. Even with as little as £1,000, here’s how I’d get started on growing my savings. For anyone living payday to payday, accruing savings can take some time. So I wouldn’t want to squander my effort. That’s where the advantages of an ISA come into play. With an ISA, investors can invest up to £20,000 a year into assets of their choice. The key benefit is that any profits made from the investment are tax-free. 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. Investing all my savings in one stock wouldn’t be smart, no matter how much I believe in it. It’s best to spread the investment over 10 to 20 different stocks from various industries. That way, any single failure or industry-specific slump would only have a small effect on my portfolio. Volatility in the stock market is inevitable so diversifying...