Invest up to £15,240 this tax year
The Government sets a limit on how much you can invest in an ISA each tax year (from 06 April one year to 05 April the next). This is known as your ISA allowance. It usually increases each year, but there’s no catching up next year if you don’t invest the full amount. It’s a case of ‘use it or lose it’! Your ISA allowance 2016/17 is £15,240.
Inherited ISA allowances (“APS”)
If your spouse or civil partner died on or after 3 December 2014, you may be entitled to an additional permitted subscription (APS) equal to the value of your deceased spouse’s ISAs, in addition to your annual ISA allowance. This additional allowance is only available for a limited time period related to your spouse’s estate. Please note that you can open a new ISA with The Share Centre and use this additional allowance even if your spouse’s ISA was held elsewhere, however you will only be able to make cash subscriptions.
Please call us on 01296 41 41 51 to find out more details.
Withdraw your money anytime
Unlike pensions, child trust funds and Junior ISAs, your money is not locked into your Self-select Stocks & Shares ISA for a period of time. Although we recommend a medium to long term approach to investing, you’ve got the flexibility to withdraw your money whenever you want or need it.
Quick set up, easy to manage
It only takes minutes to open a Self-select Stocks & Shares ISA online. As soon as you transfer some money into your account, you can start investing. Check prices, track performance and manage your account securely online at share.com or over the phone for no extra charge. You can even set alerts and 'stop-loss' limits to automatically sell shares at a price you're happy with.
We’ll send you contract notes, account statements twice a year, and keep you informed of takeovers and mergers which might affect your investments. Proceeds from any sales will be added to your balance and it’s your choice whether dividends are re-invested or paid out as income.
Choose your own investments from a wide range
A Self-select Stocks & Shares ISA puts you in control, giving you the freedom to choose, buy and sell your own investments. Your investment choice covers UK markets such as the London Stock Exchange (LSE), the Alternative Investment Market (AIM), ICAP and Funds. Whether you want to buy shares in a FTSE 100 company or invest in a global fund, you can do it with us. We also offer a wide range of international shares.
Share tips and investment advice
Whether you’re new to investing or a frequent trader, we'll give you all the guidance you need to find investments which suit you. As well as offering telephone advice for no extra charge, our analysts regularly provide share tips, market reports and views on every FTSE 100 company. Our search tools also make it easy to scan and filter the market efficiently.
How to fund your ISA
As well as paying into your account by debit card, cheque or BACS/CHAPS, there are other ways to fund your ISA:
We can sell any existing share certificates for you and buy them back into your new ISA. You'll only pay commission on the sale, however the re-purchase is subject to Stamp Duty and PTM Levy where applicable. Please bear in mind the difference between buy/sell prices since this could reduce your holding.
Share option schemes
You can transfer shares from an all-approved SAYE option scheme or SIP directly into your new ISA. This applies even when the shares would not otherwise be qualifying investments, for example if they are not listed on a recognised investment exchange.