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 invest up to £15,240 tax efficiently in the current 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 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. (No Fee when you have an ISA balance of £12,000 or more, or you have a regular investing facility set up). 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

    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 0370 707 1606


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

      Computershare 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. For the purposes of the brokerage services, any contract is between you and TD Direct Investing. An affiliate of TD Direct Investing (Europe) Limited owns an equity interest in TMX Group Limited ("TMX") and The Toronto-Dominion Bank has a nominee director serving on the board thereof. As such, TD may be considered to have an economic interest in the listing and trading of securities on an exchange owned or controlled by TMX, including The Toronto Stock Exchange, the TSX Venture Exchange and Alpha Exchange, and in the clearing, settlement and depository services provided by The Canadian Depository for Securities and its affiliates. No person or company is required to obtain products or services from TMX or its affiliates as a condition of TD or its affiliates continuing to supply a product or service.

      Compensation Arrangements (see also section 25 of our Terms of Service).

      TD Direct Investing (Europe) Limited

      Computershare Share Dealing Services are provided by TD Direct Investing and are covered by the protected investment business scheme operated by the Financial Services Compensation Scheme. This scheme may in certain circumstances pay compensation to clients if they are eligible and if the regulated firm is unable or is likely to be unable to meet its’ liabilities to clients including when the firm becomes insolvent. Compensation may be available to eligible investors in respect of protected claims up to a maximum of £50,000 per claimant. 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 £75,000. 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.