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Stocks & Shares ISA
Open a Stocks & Shares ISA with Halifax and start investing today.
What is a Stocks & Shares ISA?
A Stocks & Shares ISA is an investment account that allows you to invest tax efficiently. What you’ll benefit from:
- Any income or gains you make are free from UK Income and Capital Gains Tax.
- Complete flexibility, as you choose to invest your money in a wide range of investments.
How does it work?
You choose
Choose from various investment options, including UK and international shares, managed funds, bonds and gilts.
You invest
Invest up to £20,000 tax efficiently each tax year.
You trade
Trade regularly with our commission-free scheduled investment service.
Simple prices
Our yearly fee is just £36, no matter the size of your portfolio.
Range of options
Great for investors looking for a simple platform, with a wide range of investment options.
Stay in control
Invest a lump sum at any time or invest small amounts regularly, with our free regular investment plan.
All in one place
Use the mobile banking app to check your investments and everyday banking in one place.
Simple to switch
We’ve made it easy to transfer to us.
What charges do I pay?
We want to keep you in the know. That’s why we’re always transparent about our costs. Below are the dealing commission and account charges you'll pay as standard.
|
Type of charges |
What you’ll pay |
|---|---|
|
Type of charges Customer admin fee |
What you’ll pay You can hold an ISA and a Share Dealing Account, all for a single charge of £36 a year (£3 a month) |
|
Type of charges Real-time online UK trades |
What you’ll pay £9.50 dealing commission per trade |
|
Type of charges Fund trades |
What you’ll pay £9.50 online dealing commission per trade |
|
Type of charges International online trading |
What you’ll pay £0 dealing commission, 1.25% foreign exchange rate |
|
Type of charges Scheduled regular investments |
What you’ll pay Commission-free |
|
Type of charges Telephone trading |
What you’ll pay £25 dealing commission per trade |
If you invest in a fund, you’ll also pay an ongoing charge directly to the fund manager. You may also pay government taxes and levies depending on the investment you choose. For full details, please read our Charges.
Understanding a Stocks & Shares ISA
Ready to apply for a Stocks & Shares ISA?
I’m new to Share Dealing
To get started, you’ll need your address, debit card details and national insurance number to hand. This can be set up in minutes.
I have a Share Dealing Account
Simply sign in to apply.
Once you’ve accessed your Share Dealing Account, click on ‘Open a new account’ in the right-hand navigation.
Frequently asked questions
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Yes, from 6 April 2024 you can subscribe to more than one of any type of ISA including Stocks & Shares ISAs (except for Lifetime ISAs). Just remember to stay within the yearly tax-free ISA allowance.
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No, that’s one of the best things about a Stocks & Shares ISA. Any dividends and interest payments from your shares are free from UK Income tax. You also won’t need to pay Capital Gains Tax on any gains from your investments. If you do earn any interest, this will also be free from tax.
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Yes, you can. When you transfer, the cash will stay in your account until you choose to invest it. You can transfer an existing Halifax cash ISA or a cash ISA from another provider to one of our Stocks & Shares ISAs.
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As with all investments, there is risk involved with a Stocks & Shares ISA. It’s important to remember that the value of investments and the income from them can fall as well as rise. Before taking out any investment product, you’ll need to be clear with how you feel about risk and how able you are to take losses.
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A dividend is a payment made from a company to those who have bought and hold their shares, on a set date, usually when a company has made a profit.
If you do not invest within an ISA, you may pay tax on any amount over the dividend allowance.
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Capital Gains Tax is tax you pay on any gains you’ve made from selling assets, such as shares.
If you invest through an ISA, you won’t pay this tax on any gains made through your investments.
Find out more about Capital Gains Tax.
If your question hasn’t been answered, take a look at our help and guidance for further information and support.
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Important legal information
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 under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.