There are a number of ways you can make the most of your annual £20,000 allowance
It takes less than ten minutes to set up a Stocks and Shares ISA
Here are the different ways you can put funds into your account.
If you have an ISA with another provider, we can help you transfer it to Selftrade. With all your investments in one place, it is easier to review and make adjustments to your portfolio.
Simply open a Selftrade Stocks and Shares ISA and complete and return the ISA Transfer-In Form. We’ll then contact your current ISA provider and take care of the rest.
We’ll even cover any transfer out fees you might have to pay, up to £100 (T&Cs apply).
And it’s good to know that transferring ISAs from previous tax years won’t impact on your ISA allowance for the current tax year.
Other types of investments can be transferred into your Selftrade Stocks and Shares ISA, such as share certificates.
Here’s how you can transfer them into your tax-efficient ISA.
Re-purchase the shares within the ISA - this process is called a Bed and ISA. Call our Customer Experience Centre on 0345 0700 720 if you would like to begin the Bed and ISA process.
*The sale of shares may be liable for Capital Gains Tax, if the profit from the sale exceeds the current annual capital gains allowance of £12,000.
To open an ISA, you must have the following information to hand:
For existing Selftrade customers, you can open a Stocks and Shares ISA quickly and easily from your dashboard.