Stocks and Shares ISA

Each tax year you are given an allowance to save or invest in an ISA – this year the limit is £20,000. With our Stocks and Shares ISA, you choose your own investments and any money you’ve put into your ISA (and any profit you make) is completely free from UK tax.

Please remember that the value of investments and the income from them can fall as well as rise and you may get back less than you invest. If you’re not sure about investing, seek independent advice. Tax treatment depends on individual circumstances and may be subject to change in the future.

Save on tax

Pay no tax on income from dividends, and protect any profit from Capital Gains Tax.

Simple charges

It’s £12.50 per year to hold an ISA and £12.50 dealing commission each time you trade.

Transfer your ISA

Fill in our simple online transfer form to transfer your existing Cash or Stocks and Shares ISA to us.

Why should I think about investing?

  • Interest rates are at historic lows which means that inflation is eating into more of your cash savings each year.
  • You might be looking to create a nest egg for the future or even supplement your current income by investing in dividend paying stocks or bonds that pay interest.
  • And remember, you don’t need a large sum of money to start investing – you can set-up a regular scheduled investment from just £20 each month.

What can I invest in with a Stocks and Shares ISA?

You can choose to invest in a wide variety of investment types. You can buy shares listed on the London Stock Exchange and six other international stock markets, invest in managed funds, investment trusts, exchange traded funds (ETFs), bonds and gilts. Read more about our investment options.

What do I pay?

Our charges for the Stocks and Shares ISA are straightforward and competitive. You pay a simple flat-rate fee each year for holding the account, and dealing commission each time you place a trade.

Table of charges for the Stocks and Shares ISA

Annual admin charge

£12.50 per year

Real-time trading

£12.50 dealing commission per trade

Scheduled regular investments

£2 dealing commission per scheduled trade

Apply for a Stocks and Shares ISA

You can open a Stocks and Shares ISA in less than 10 minutes. For existing share dealing customers simply log in and select ‘Open a New Account’. Otherwise, click ‘Apply now’. Before you start an application, make sure you’ve reviewed and understand:

Apply now


Stocks and Shares ISA | Investing | Bank of Scotland

Bank of Scotland Share Dealing Service is operated by Halifax Share Dealing Limited. Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.