The Share Centre - Share Radio

Please remember: Our website can help you make informed decisions, not provide personalised advice. If your investments fall in value, you could lose money.
Tax allowances and the benefits of tax-efficient accounts could change.

Open a Stocks & Shares ISA with The Share Centre

If you want to 'pick your own', this is the ISA for you. Choose your own investments and shelter them from tax. A fixed monthly fee keeps everything cost-effective.

Straightforward pricing

A fixed monthly admin fee of £4.00 +VAT makes our Self-select Stocks & Shares ISA very cost-effective, and ensures that your charges are easy to calculate. No matter how much you invest, it doesn’t change. 

You keep all your profits

Stocks & Shares ISAs are very tax-efficient compared to normal investment accounts since there's no Capital Gains Tax or further Income Tax to pay on your profits.

Stocks and Shares ISA explained

Choose your own investments

As well as shares, we offer a range of other investment types to choose from. Shares in UK and overseas companies, Unit Trusts, OEICs, Investment Trusts, Corporate Bonds, Gilts and Exchange Traded Products are all on the menu. However, please note that not all investments will be eligible for all account types.

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:

Share certificates
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.

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.

costs & dealing options

Whether you invest once a year or several times a day, we have a dealing option to suit you. They’re designed to keep your dealing as cost-effective as possible depending on how often you buy and sell.

 

Standard

I usually deal less than £750 or occasionally

Frequent

I deal more than £750 frequently or have a lump sum to invest

Dealing option fee (per quarter) £0 £20 + VAT 
Admin fee £4.00 + VAT per month £4.00 + VAT per month
Dealing commission (per deal) £7.50 for deals less than £750, 1% for £750 and above £7.50 
Regular investing 0.5% (min £1.00)  0.5% (min £1.00)
Automatic reinvestment 0.5% 0.5%

Statements & contract notes 

By email Free
By post £1.00 + VAT per month

Other dealing fees

Stamp Duty Levy 0.5% payable on the purchase of UK shares (excluding certified shares on AIM and other recognised growth markets). Other rates may apply to shares listed outside the UK.
PTM Levy £1.00 on all transactions over £10,000.
Unit Trust & OEICs Any discount we negotiate for you on the initial fee will be used to buy additional units.
Foreign Financial Transaction Tax Payable on the purchase of certain European shares. The charge varies depending on the country.

Other fees payable on all dealing options

Cash withdrawal

3-5 day transfer Free
Same day transfer £25.00
Overseas £50.00 (restrictions apply)
By cheque £5.00

Bounced cheque or unpaid direct debit

Handling fee £25.00

Share transfer 

Transfer in Free
Transferred to another broker (per account) £25.00
Re-registration to certificate (per certificate) £25.00
Gifting fee Free

Closing account (excluding dealing & transfer costs)

Fee Free

Administering a deceased customer account

Fee £50

How are my account costs paid?

Administration fee
Taken from your account on the 26th of each month or the next business day. If there is not enough money in your account to pay the fee, we will take the payment from the next credit to your account. If outstanding fees increase over time, you will be able to see the amount owed on your statements. You can then pay into your account as normal to cover the fee owed. Please note, we may write to you if the outstanding amount is not cleared and we may have to sell investments in your account to cover the fee owed.

Statements & contracts notes
Same as above if received by post (free if received by email).

Frequent dealing option fee
If you’ve chosen our Frequent dealing option, the first payment is taken from your account when opened (and quarterly thereafter). We’ll let you know if there’s not enough money in your account to pay the fee, and switch you to our Standard dealing option if you still don’t pay enough money in.

Dealing commission and Regular Investing fees
Taken from your account as part of each transaction.

Other fees
Taken from your account at the time of the individual transaction. We will contact you if there is insufficient money in your account to cover any fees due.

What interest is paid on cash in my account?

Gross interest on any cash you hold is credited quarterly to your account at the Bank of Scotland base rate less 3.5%. The Share Centre 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.

Mr Smith

Best Self Select ISA Provider 2017

"Very easy to set up a stocks & shares ISA and add stocks (after doing some research). Website is very easy to use with lots of great information to help you make a decision about which stocks to buy."

Mr Smith

Transfer to us

Transfer to us

Transfer to us and we'll pay up to £300 towards any transfer fees.

About The Share Centre

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