Share Dealing ISA

Take advantage of your annual tax allowance by opening a Share Dealing ISA today.

Open a Share Dealing ISA online today, choose the investments you want in your portfolio and manage your account online. Your tax allowance must be used in the current tax year – once the year is over, you can’t go back and use it retrospectively.

Make the most of your money

ISAs offer one of the most flexible and tax efficient ways to invest into the UK and global stock markets.

• You have no capital gains tax to pay on any profit you make within the ISA.
• You’ll have no tax to pay on any income from corporate bonds and gilts.
• You don’t have to pay the extra 22.5% higher rate tax or 32.5% additional rate tax on the gross dividends from shares held in ISAs if you’re a higher rate tax payer.
• You can withdraw the capital or income at any time, without tax penalties.
• You don’t have to include ISA details in your tax return.

 To invest in our ISA you have to be aged 18 or over and a UK resident.

The ISA allowance is set for each tax year, which runs from 6th April to the 5th April in the following year.

Current ISA Allowances from 6 April 2011

** You can invest up to £5,340 in a Cash ISA with the balance of your total ISA allowance being available to invest in a Stocks and Shares ISA.

You and your spouse can each invest up to the annual ISA limit in each tax year in your own ISAs.

Features and benefits

Choice

• We have a flexible range of investments for income or growth seekers.
• You choose from a vast range of investments, including shares, gilts, bonds and funds.
• You can invest in UK and global markets.
  

Expertise

• We give you access to a wide range of professionally managed funds, so you can diversify your portfolio easily and make the most of fund managers’ experience.
  

Convenience

• You can deal online or by phone when the market is open and access your account online anytime.
• You can see all your investments on one page so that you can manage them easily with a single log on.
• You can deal with Corporate Action elections simply and easily online.
  

Save

• We give you a free Nominee account saving you £32 a year to help manage other accounts easily.
• Switch your existing ISA to us for free and manage all your investments under one roof. 
• Free limit and stop orders to give you control over your dealing.
• Simple and clear fees with online trades only £15 no matter how big your trade is.

To apply for a Share Dealing ISA you need to be a UK resident aged 18 years or over.

• Open a new account online with your debit card and you could be dealing in minutes.
• Please have your bank details to hand.
• If you need any help, please call our Customer Service on 0845 60 60 560.