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 for tax purposes can open a Stock and Shares ISA. On 1st July 2014 the 2014/15 tax year Stocks & Shares ISA subscription limit increased to £15,000.

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 how you want between a cash ISA and a stocks and shares ISA. Computershare only offers a stocks and shares ISA option at present.

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 Computershare Sharedealing Trading ISA is for clients looking to invest tax efficiently. Within an ISA you can protect the growth of your investments from Capital Gains Tax and there's no need to declare any income on your UK tax return.

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
  • Stockwatch - Virtual Portfolios
  • Nominee Facilities More information
  • Email trading confirmations or postal trading confirmations

    What you need to know before you open an account

    Please make sure that you have read and understood all of the relevant documentation below.

    Further details are also available in the Terms of Service which you should refer to before applying for an account

    Risks

    All investments carry a varying degree of risk. It's important that you understand the nature and risks of the different investments available through Computershare. You may not get back the money you invest and you should not view the past performance of investments as a guide to their future performance. Read more about the risks of investing.

    Your money and investments

    Before applying for an account it is important you understand how your money and investmenrs will be held and the investor protection schemes that apply. We will hold your money in accordance with the Financial Conduct Authority's client money rules and we may pool your investment with those of other customers. Read more about how we will hold your money and investments.

    Conflicts of interest

    We have a conflicts of interest policy that identifies circumstances that constitute, or may give rise to, conflicts of interest which pose material risk of damage to one or more of our customers. Read more about our conflicts of interest policy.

    Summary of charges

    • Trading commission starts from a flat rate fee of £20 for online trades.
    • We do not charge an administration fee on the Trading account.
    • There is an annual fee of £25 + VAT charged on the ISA account
    • It will cost you more to trade over the phone and other charges may also apply.

    If you hold funds a platform fee will apply. See our Rate Card for full details.

      Apply for an account

      You can setup your account online today


      Alternatively, you can call us now to setup your account on 0870 7071606


      The value of your investments can go down as well as up. You may not get back all the funds you invest.

      Brokerage Services provided by TD Direct Investing (Europe) Limited (a subsidiary of The Toronto-Dominion Bank). Incorporated in England and Wales under registration number 2101863. Registered office: Exchange Court, Duncombe Street, Leeds, LS1 4AX, United Kingdom. Authorised and regulated by the Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS, United Kingdom (Financial Services Register Firm Reference Number 141282), member of the London Stock Exchange and the ICAP Securities and Derivatives Exchange. VAT Registration No. 397103051. www.tddirectinvesting.co.uk

      Banking Services provided by TD Bank N.V. Incorporated in the Netherlands and registered as a branch in England and Wales under branch registration number BR006780. Authorised by the Dutch Central Bank (De Nederlandsche Bank – DNB Institution Number 481) and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority (Financial Services Register Firm Reference Number 216791). Details about the extent of our regulation by the Financial Conduct Authority and Prudential Regulation Authority are available from us on request

      Compensation Arrangements (see also Appendix E of our Terms of Service)

      The compensation arrangements applicable to your assets held with us are dependent on where your assets are held. This is set out in the terms of service.

      TD Direct Investing (Europe) Limited

      Stock held electronically with us is placed in safe custody with a nominee company that has been established for this purpose in accordance with FCA rules. Stock held within the customer's brokerage account is covered by the FSCS. This means that if we are unable or likely to be unable to pay claims against us, customers can apply to the FSCS for compensation.

      Cash held within TD Direct Investing is protected as client money and are segregated from firms money. In the event of failure of TDDI then the funds should remain segregated and should be repaid to the client in full. Should any shortfall arise due to discrepancies on distribution then each client will be entitled to make a claim under the FSCS.

      Any claim against the stock and cash will be limited to £50,000 per individual. Further information is available on the FSCS website at www.fscs.org.uk.

      Your cash is pooled with those of other clients and deposited with a number of Financial Institutions. The UK deposits are protected under the FSCS to a value of £85,000. In the interests of diversifying the risk we may invest a proportion of the pooled money in a Country outside the UK where we cannot guarantee that the money will be protected by similar Deposit Guarantee Scheme to the FSCS. The FSCS publish some useful material on this matter on www.fscs.org.uk/what-we-cover/questions-and-answers/qas-about-investments.

      TD Bank NV

      Your eligible deposits with TD Bank N.V. are protected up to a total of 100,000 euro by the Dutch Deposit Protection Scheme and are not protected by the UK Financial Services Compensation Scheme. Any deposits you hold above the 100,000 euro limit are not covered. Further information is available on the De Netherlandsche Bank website at www.dnb.nl/en.