Trading ISA
What is an ISA?
A stocks and shares ISA allows you to invest a set amount of money each year with growth free from any potential capital gains tax liability.
What is a Trading ISA?
A Computershare Sharedealing Trading ISA offers you all the advantages of a tax efficient ISA plus the ability to control your investment in a wide range of investment options including: UK Equities, International Equities, Gilts, Bonds, Investment Trusts, Unit Trusts, OEIC's and Exchange Traded Funds.
How much can I invest?
Anyone aged 18 and over who is resident in the UK and is ordinarily resident in the UK for tax purposes can open a Stock and Shares ISA. From 6th April 2012 the Stocks & Shares ISA subscription limit increased to £11,280 for each tax year.
The tax treatment of this product depends on the individual circumstances of each client and may be subject to change in the future.
Can I invest in both a cash ISA and a stocks and shares ISA?
Your annual ISA allowance allows you to split your investment limit between a cash ISA and a stocks and shares ISA. Computershare only offers a stocks and shares ISA option at present.
You can invest up to £5,640 of your total annual ISA allowance of £11,280 in a cash ISA. The remainder can be invested in a stocks and shares ISA.
Any income received on your Trading ISA, such as dividends or interest, will automatically be credited to the cash balance on your account. It is your decision as to whether you invest or withdraw this income.
Any income received on your Trading ISA, such as dividends or interest, will automatically be credited to the cash balance on your account. It is your decision as to whether you invest or withdraw this income.
Who is it for?
The Trading ISA is ideal for the investor who wants to make the most of their capital gains tax allowance on lump sum investments, with the ability to control what they invest in.
How much does it cost?
No initial set-up fee. There is a yearly charge of £25 + VAT. Find out more about our rates and charges.
When are the tax deadlines?
The tax year begins on April 6th each year. Any investments into a Trading ISA in a single year would need to be funded before 5.00pm on 5th April of that tax year.
What are the risks of a Trading ISA?
Please be aware that share prices can go down as well as up, which may result in you not receiving back the full amount invested.
What are the other benefits of a Trading ISA?
- Easy to set up
- Online or phone access
- Limit orders
- Real time price quotes
- Price Improvement
- Stockwatch - Virtual Portfolios
- HemscottTM research
- Nominee Facilities More information
- Email trading confirmations or postal trading confirmations
How do I apply or find out more about a Trading ISA?
You can setup your account online today
Call us now to setup your account on 0870 7071606