Why Not Put Your Account In An ISA Wrapper
For Tax efficient Returns?

Changes to ISA allowance limits

In the 2009 Budget, the Chancellor of the Exchequer announced changes to the ISA allowance limits to come into effect in October 2009 and April 2010. These are as follows:

From 6 October 2009

The ISA Subscription limit will increase to £10,200 for anyone eligible to invest in an ISA who was born on or before 5th April 1960 (that is, who will be aged 50 or over during the current tax year). Up to £5,100 of the new ISA allowance can be saved in a Cash ISA with one provider. The remainder of the £10,200 can be invested in a Stocks and Shares ISA with either the same or another provider. Alternatively, the full £10,200 can be invested in a Stocks and Shares ISA with one provider.

From 6 April 2010

The ISA allowance limits will increase for all eligible investors. The new limits will be £10,200 (up from £7,200) into a Stocks and Shares ISA, with a maximum of £5,100 (up from £3,600) into a Cash ISA; the remainder can be invested in a Stocks and Shares ISA with either the same or another provider.



If you're investing in the stock market and not currently using your annual ISA allowance, you may want to consider a Self-Select ISA. An 0800 Shares Self-Select ISA gives you the opportunity to receive tax-efficient returns on your investments and you have the added bonus of being able to trade either over the phone or on the internet - the choice is yours.

You are allowed to save up to £10,200 in ISAs in any tax year. This can be made up by saving up to £5,100 in a cash ISA with the remaining balance in a stocks and shares ISA, or you can put up to £10,200 into one stocks and shares ISA. You are now also able to transfer money saved in a cash ISA to your stocks and shares ISA. You can transfer some or all of the money you have saved in previous tax years without affecting your annual ISA investment allowance. Simply complete the ISA Transfer form in the application pack and we will arrange the transfer from your current ISA provider. Remember, you must not withdraw the money and invest it in your stocks and shares ISA yourself, as it would then count against your annual ISA investment allowance for this year.

And whilst taxation bases, levels and reliefs can change, you'll get all the growth in the value of your investments free from Capital Gains Tax allowance. Of course, an ISA won't be right for everyone, and the extent of the tax benefits will depend upon your individual circumstances. If you're not sure whether an ISA is right for you we'd recommend you seek independent advice.

Your dealing charges within the ISA will be identical to either the Telephone Trader or Internet Share Account, depending on which account you select. So to benefit from tax-efficient investing the only additional fee is an administration charge of 0.125% per quarter (£5 minimum).

To find out how to apply for your Self Select ISA simply refer to page 9 of the Application Pack which you can download or request a copy of by clicking here.



The investment services referred to may not be suitable for every investor and if in doubt you should contact a financial adviser.
Values and incomes can go down as well as up and investors may get back less than their original investment.
The bases and levels of taxation may change. 0800 SHARES share dealing is provided by The Share Centre.
0800 SHARES Ltd is an appointed representative of Fleet Street Publications which is authorised and regulated by the
Financial Services Authority and is entered in the register (www.fsa.gov.uk/register/home.do) under Reference Number 115234.
0800 SHARES Ltd Registered Office: 7th Floor, Sea Containers House, 20 Upper Ground, London SE1 9JD.
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