If your investments fall in value, you could lose money. Tax allowances and the benefits of tax-efficient accounts could change.
Self-select Stocks & Shares ISA
Buy and sell a wide range of investments and shelter them from tax.
Self-select Stocks & Shares ISA benefits
No Capital Gains Tax or further Income Tax to pay on profits.
Fixed monthly account fee
£4.80 per month and a dealing option to suit you.
Invest up to £20,000 this tax year
Your annual ISA allowance is set by the government. Withdraw money anytime.
Pick your own
Choose from a wide range of investments: shares, funds, investment trusts, bonds, gilts, ETFs and more.
Self-select Stocks & Shares ISA costs
We charge fixed account fees (which don’t grow as your investments do), and offer a choice of dealing options to keep your dealing costs down.
Standard dealing option
I usually deal less than £750 or occasionally
Frequent dealing option
I deal more than £750 frequently or have a lump sum to invest
|Fixed account admin fee||£4.80 per month||£4.80 per month|
|Dealing option fee||-||£24 per quarter|
|Dealing commission||£7.50 per deal for trades less than £750, 1% for £750 and above||£7.50 per deal|
|Dealing commission for phone/post/email||£20 per deal for trades less than £2,000, 1% for £2,000 and above||£20 per deal|
Other dealing fees
|Stamp Duty Levy||0.5% on the purchase of UK shares (excluding AIM and other recognised growth markets). Other rates may apply to non-UK shares.|
|PTM Levy||£1 on transactions over £10,000|
|Foreign Financial Transaction Tax||Tax Payable on the purchase of specific European shares (charge varies by country)|
|3-5 day transfers||Free|
|Same day transfer||£25|
|Overseas||£50 (restrictions apply)|
|Regular investing||0.5% (min. £1)|
|Statements & contract notes by post rather than email||£2.40 per month|
|Transfer to another provider||£25 per account|
|Re-registration to certificate||£25 per certificate|
|Bounced cheque or unpaid Direct Debit||£25|
|Deceased customer account administration||£100|
Costs and charges illustration
To give you a feel for the costs involved, our cost sheet includes an illustration of costs you will pay, based on how much you invest and what type of investments you choose.
Payment of account & dealing charges
Your account admin fee (and postal statements & contract notes fee if chosen) will be collected from your account on the 26th of each month, or the next business day. If you’ve chosen our frequent dealing option, the first payment will be collected from your account when opened and quarterly thereafter. Dealing commission, regular investing fees and other fees will be taken from your account as part of each transaction.
What interest will be paid on cash?
Gross interest on any cash you hold will be credited to your account quarterly at the Bank of Scotland base rate, minus 3.5% (min. 0%). We may retain the difference between the interest paid to you and the interest we are able to earn, as permitted by The Financial Conduct Authority.
Why invest with us?
Invest up to £20,000 this tax year. No Capital Gains or further Income Tax to pay on profits.
Fixed monthly account fee
A low monthly admin fee of £4.80 per month and a dealing option to suit you, enabling you to get the most from your investments.
Pick your own
Choose from a wide range of range of investments: shares, funds, investment trusts, bonds, gilts, ETFs and more.
Thinking about transferring to us?
Some brokers charge % based account fees
With some brokers, the more you invest and the larger your investments grow, the bigger your fees grow too. Here at The Share Centre, we do things differently. Regardless of how much you invest, you will be charged our fixed, monthly fee of £4.80 for a Self-select Stocks & Shares ISA.
How much you could save by switching to us?
Below is a comparison table displaying the annual account fees, excluding dealing comission.
Your ISA Value
The Share Centre
All prices are correct as of 26.02.18 - based on percentage fees advertised on the respective company websites.
*Fee calculated when only holding funds in your ISA. When only holding shares in a Hargreaves Lansdown ISA their fee is capped at £45 PA.
**based on Nutmeg's unmanaged Fixed allocation portfolios.