ISA Account

In today's difficult economic climate it is more important than ever to maximize your returns with a tax efficient, stocks and shares ISA. With a shareDeal active ISA you choose where and when to make your investments, building a portfolio to meet your needs.

What are the benefits of an ISA account?

All profits made within an ISA account are completely free from capital gains tax and there is no further income tax due on dividends paid on shares held within the ISA wrapper.

What can I invest in?

You can invest in a wide range of ISA eligible products including UK listed shares, Gilts, Bonds, Exchange Traded Funds, Investment Trusts, shares listed on the IRS (International Retail Service) and CDIs of US stocks. We also offer access to Unit Trusts and OEICs. In addition you gain access to 9 international exchanges, details of which can be found on the overseas dealing rates page.

How much can I subscribe to an ISA account?

The subscription allowance for the 2017/18 tax year is £20,000.

How much does it cost?

Deal over the internet or on the telephone for the same low fixed flat rate of £9.50 per trade. There is also an annual management charge of £50 + VAT. A full list of all charges can be found under the our charges section of the website.

Can I transfer shares I already own into an ISA account?

Under HMRC rules it is not possible to transfer shares you already hold directly into an ISA. They must be moved using a process known as BED & ISA where the shares are sold, the money moved to the ISA and the shares instantly bought back. In order to maximise your ISA allowance, we will not charge commission on the re-purchase.

Please note that when buying the same shares back there will be a small difference in price due to the bid/offer spread, and government stamp duty may apply on the purchase - this means you will not be able to buy back the same number of shares.

For more information please contact our dealing team on 01892 510515 or please click here for further details.

How do I apply?

Simply apply online and you could be trading today.

Additional Permitted Subscriptions (APS)

Find out about Additional Permitted Subscriptions here.