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 inflationInflation causes a rise in costs for goods and a drop in your purchasing power over a period of time. e.g. a pint of milk in 1990 was 25p whereas a pint of milk in 2020 would cost you 43p. 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 stocksA share is simply a unit of ownership. If you own a share, you own a stake in a particular company. Shares are listed on a stock exchange and the price of all shares will fluctuate throughout the day. or bondsBonds are created by companies for investors as a way of raising money. When you invest in a bond you’re lending money to the company for a fixed period in return for a fixed rate of interest. that pay interest.
  • And remember, you don’t need a large sum of money to start investing – you can set-up a regular scheduled investmentYou can set up a direct debit on your share dealing account and select which investment to buy, when and at what cost or quantity. You can then sit back and leave the rest to us. 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



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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.