Stocks and Shares ISAs

Understand the risks

Please remember that the value of an investment and the income from it can go down as well as up and you may get back less than you invested. If you are in any doubt about making your own investment decisions we recommend you seek advice from a suitably qualified financial adviser.

Tax treatment depends on individual circumstances and may change.

Investment ISA

If you haven’t already used your ISA allowance this tax year, you can invest tax-efficiently in one of our managed funds within our Investment ISA (a Stocks and Shares ISA). ISAs are not subject to personal Income Tax or Capital Gains Tax.

The maximum amount you can invest in the current tax year is £20,000. You can choose to invest your full allowance into a cash ISA, a stocks and shares ISA, or an innovative finance ISA or any combination of the three.

Alternatively you can split your allowance by investing up to £4,000 in a Lifetime ISA and the remaining allowance between any combination of the other three types of ISA, as long as you don’t exceed £20,000 in total across your ISAs.

Find out moreabout Investment ISA.

Self-Select Stocks and Shares ISAs

Alternatively, if you’d prefer to invest in a wider range of funds, stocks and shares, or bonds tax-efficiently, you could try a Halifax Self-Select Stocks and Shares ISA.

This account allows you to choose your own investments for your ISA with an annual administration charge of £12.50 per year. All real-time online trades cost just £12.50 commission, or you can set up a regular scheduled investment into your ISA for £2 commission per stock.

Find out moreabout self-select stocks and shares ISAs

Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.