ISAs
0845 213 4448
Stocktrade offer a fast, efficient service for new ISA subscriptions and ISA Transfers. We offer an excellent service that is straightforward and easy to use.
- Available since 6th April 1999
- Realistic charges,competitive products
- Friendly, helpful and experienced staff
- Dealing price confirmed at time of order
- Tax-favoured shelter for your investments
- Any capital gains are free of UK tax and any income is free from further liability to UK tax
- No need to forward any paperwork to HM Revenue and Customs in relation to these investments
Investing in an ISA is a highly tax efficient way of saving for the future. Any capital gains are free from UK tax, any income is free from further personal UK income tax and there is no need to forward any paperwork to HM Revenue and Customs in relation to this investment.
Savings can be channeled into a stocks and shares ISA. Stocktrade offers the Stocks and Shares ISA only.
As of 6th April 2010, the overall ISA subscription limit is £10,200 for all investors 18 or over. You can choose fully quoted UK companies, qualifying investment and unit trusts, fixed interest stocks and a range of overseas stocks. You should however be aware, that the latter are normally more expensive to invest in as additional foreign charges apply.
What does it cost?
| |
Rate |
Minimum |
Maximum |
| Dealing Commission |
0.75% |
£17.50 |
£60 |
| Annual Management Fee |
0.5%* |
£30 |
£180 |
*Percentage of the value, calculated and debited monthly with a minimum of £2.50 (+VAT).
- 0.5% Stamp Duty on UK share purchases (1% on Irish share purchases) payable by the purchaser.
- A £1 Panel on take-over and mergers (PTM) levy is charged on all bargains where the consideration is over £10,000. This is to generate income for the PTM, which promotes good behaviour in managing takeovers and mergers.
Investment Limits
As of 6th April 2010, the overall ISA subscription limit is £10,200 for people aged over 18 for a Stocks and Shares ISA.
You can hold Stocks and Shares including qualifying investment and unit trusts, OEICS, fixed interest
stocks and a range of overseas stocks* in your Stocktrade ISA.
*It is more expensive to invest in Overseas stocks as additional foreign bargain charges apply.
How does it work?
- Request an application pack online and we will send you all the information you require.
- Send your application and cheque to Stocktrade.
- Send your Money Laundering agreement to Stocktrade.
- Your ISA will be set up and be live for dealing two working days from receipt of completed documentation.
- There are no set up or initial charges when opening an ISA with Stocktrade.
- Pass your dealing instructions to Stocktrade by phone.
- You will be given live indication prices for buying or selling.
- If you wish to proceed, the deal will normally be executed whilst you are on the phone.
- Contract notes will be sent to you in the post for your personal records.
Additional ISA Services
We also provide a range of additional services, entirely free of charge, including:
- Portfolio valuations over the phone at your request.
- Transfer of investments from other ISA Managers. Your existing ISA manager may charge for this transfer.
- Dividends paid out quarterly by BACS or accumulated within the ISA for reinvestment.
- Free Online Valuations service on request.