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Stocks and Shares NISA

Stocks & Shares NISA

Bigger and better than ever. Shelter up to £15,000
from tax this tax year. Open your NISA in under
5 minutes.

Open a Stocks & Shares NISA

Important information - please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice.

The Vantage Stocks & Shares NISA allows you to choose your own investments from all the leading fund managers.

You can also invest in shares, investment trusts, corporate bonds, gilts or ETFs. Alternatively, simply open your NISA, hold cash and decide where to invest later.

New ISA (NISA) - changes from 1 July 2014

  • New ISA limit
    The NISA allowance (the amount you can invest each tax year) has risen to £15,000 - previously £11,880
  • Improved flexibility
    Under the new rules you can now split the NISA allowance as you wish between a Stocks & Shares NISA and a Cash NISA.
  • Improved transfer options
    You can now transfer from a Stocks & Shares NISA to a Cash NISA, and vice versa. Under previous rules you could only transfer from a Cash ISA to a Stocks & Shares ISA.
  • Tax-free interest in Stocks & Shares NISAs
    Under the new rules interest on cash held in a Stocks & Shares NISAs is completely tax-free. You have always been able to hold cash in a Stocks & Shares ISA, but any interest was paid net of basic rate tax.

Benefits of the Vantage Stocks & Shares NISA

  • Save tax - no capital gains tax and no further tax to pay on income from your investments
  • Access your money at any time
  • Invest with a financially secure, FTSE 100 company
  • Open your NISA with a lump sum from £100, or start a monthly direct debit from just £25 per month
  • Top up your account in just a few minutes with a debit card

Open a Stocks & Shares NISA

Low cost with a wide investment choice

  • Funds
    Over 2,500 funds available. No charges when you buy and sell funds, and we offer a low-cost reinvestment service. Choose from an exclusive range of super low-cost funds.
  • Shares
    You can buy and sell shares from £11.95 per trade online, and frequent traders can pay as little as £5.95 per trade. Choose from shares listed on the UK, US, Canadian and European stock markets.
  • Corporate and government bonds, ETFs and investment trusts

Find out more about where you can invest in your NISA

Choosing and looking after your investments

From our Wealth 150 to our master portfolios and latest investment ideas, there are a variety of different tools to assist you when choosing your investments.

Our highly regarded research team offer free research and comment on a broad range of different funds to help you make better investment decisions.

Our latest investment ideas

Fund name Annual charge less HL saving
HL Multi-Manager Special Situations Trust 0.75%
Legal & General International Index Trust (C) 0.14%
Rathbone Income (Class S) 0.49%
TM Sanditon European 0.60%

View more NISA investment ideas

Frequently asked questions about the Stocks & Shares NISA

  • What is the annual management charge in the Stocks & Shares NISA?

    The charge to hold funds is tiered within the Stocks & Shares NISA:

    • 0.45% per annum on the first £250,000 of funds
    • 0.25% on the value of funds between £250,000 and £1m
    • 0.1% on the value of funds between £1m and £2m
    • No charge on the value of funds over £2m

    The annual charge to hold shares, bonds, Investment Trusts, ETFs or gilts in the Vantage Stocks & Shares NISA is 0.45% (capped at £45 per annum)

    For further information please view the NISA charges and interest rates page.

  • Can I put shares I already own into a Stocks & Shares NISA?

    Yes. In order to transfer shares into an NISA they must be sold and then bought back within the NISA wrapper. This is known as a Bed & NISA.

  • What are the charges for dealing in my NISA?

    There is no charge for buying, selling or switching funds within your NISA. All you will pay is the initial charge of the fund less any discount we offer (please refer to the factsheet of your chosen fund for more information). Share trades are subject to our stockbroking tariff, please see our NISA charges for details.

  • Where can I invest in my Stocks & Shares NISA?

    The Vantage Stocks & Shares NISA allows you to invest in a wide range of investments including unit trusts and OEICs, shares, investment trusts, ETFs, corporate bonds and gilts.

    Find out more about where you can invest

    The Vantage Service is designed for investors who are happy to make their own investment choices, but if you are unsure where to invest, please see our NISA investment ideas for help.

  • What happens to any income from my investments within the Vantage Stocks & Shares NISA?

    Your Vantage Stocks & Shares NISA can be set up to treat income in one of three ways:

    • Reinvested: We will automatically reinvest income for funds, shares and other investments when it reaches £10 per holding. A dealing commission of 1% will apply (£1 minimum, £10 maximum).
    • Held on account: Income will be held on your account pending your further investment instructions.
    • Paid out as income: Income will be paid out directly to a nominated bank/building society account. This payment will be made within ten working days of the end of each month.

    The instruction you give will apply to all income paying holdings within your Vantage Stocks & Shares NISA.

View more Stocks & Shares NISA FAQs

Open a Stocks & Shares NISA

Open an account online in less than 5 minutes


Choose from a wide range of funds, shares, ETFs and more


Access to super low-cost funds and share dealing


Manage your account online or using our free mobile and tablet apps


Expert Bristol-based helpdesk


Have any questions?


This is my first venture into a stocks and shares NISA. I needed something easy to understand and this fitted the bill perfectly.

Mr Hill - client for 1 year
Bedford


I find the service very good. The web site is excellent and generally precludes the need for direct contact.

Mr Webster - client for 5 years
Frodsham


I like how easy it is - from crediting the account using my bank debit card through to choosing which funds to invest in. I also like the 1 page summary of all my investments making it clear which ones are performing and which are not.

Mrs Knox - client for 5 years
Hawick


Good value for money, much cheaper AND better than other comparable brokers and banks - also good internet accessibility of all services.

Mrs Radeke-Beushausen - client for 3 years
London




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