Important information: This isn’t personal advice. If you’re not sure whether an investment is right for you, please ask for financial advice. Tax and ISA rules can change, and benefits depend on personal circumstances. Unlike the security offered by cash, investments fall as well as rise in value, so you could get back less than invested. Inflation reduces the future spending power of cash.
Keep it in the family
If you’re looking to save or invest free from UK tax, we’ve got you.
We offer four different ISAs. They could help you or your family in different ways.
You have a £20,000 ISA allowance each tax year from 6 April to 5 April. This can be spread between any combination of Stocks and Shares ISAs, Cash ISAs and a Lifetime ISA (up to £4,000) as you choose. Children have their own £9,000 Junior ISA allowance.
You can mix and match approaches depending on what you need - all under one roof with HL.
You can learn more about each type of ISA below, including charges.
The information on this page is correct as at 6 April 2024 and relates to the 2024/2025 tax year. Tax rules can change and benefits depend on personal circumstances.
Compare our ISA accounts
Popular Stocks and Shares ISA
Popular
Stocks and Shares ISA
Stocks and Shares ISA
- Invest for long-term goals - more growth potential over the long term compared to saving in a cash ISA, but there are extra risks including losing money when investing in the stock market
- Pay no UK income or capital gains tax on investments
- Nothing to declare on a tax return
- Choose from a wide array of investments including shares, funds and investment trusts, or pick a ready-made option
- Make withdrawals when you need to, though investments should be held for at least five years
- Charges up to 0.45% per year for holding investments. Find out more about charges
HL Cash ISA
- Split your savings across easy access and fixed term products in the same tax year all in one online Cash ISA. HL is the UK’s only multi-bank Cash ISA
- Access great rates from a range of banks and building societies HL has partnered with
- Pay no UK tax on interest
- Nothing to declare on a tax return
- Save for a rainy day or for shorter-term goals
Inflation reduces the future spending power of cash.
HL Lifetime ISA
- Open one between 18-39 to invest for a first home or later life
- Pay no UK income or capital gains tax on investments
- Government bonus of £1 for every £4 you put in, capped at £1,000 each tax year
- Carry on adding money until your 50th birthday
- Low account charges so more of what you put in works harder for you.
HL Junior ISA
- Invest for a child under 18
- Pay no UK income or capital gains tax on investments
- Converts to an adult ISA when the child turns 18
- No withdrawals until the child’s 18th birthday when they can access it. Parents can start a Junior ISA. Family and friends can then add to it
- Each child has their own £9,000 annual allowance
- Free to manage account
HL doesn’t charge any platform fees or online dealing charges on Junior ISAs, so more of what you put away is invested. Other charges may apply depending on your choice of investments. If your child has an existing Junior Stocks and Shares ISA or Child Trust Fund you need to transfer it to HL before you can add money to an HL Junior ISA.
The HL Ready-Made ISA
Looking for an easy way to invest this year’s ISA allowance?
Leave it to the experts with our all-in-one ISA.
ISA essentials
This isn’t personal advice. If you’re not sure whether an investment is right for you, please ask for financial advice.
What are the different types of ISA?
Decide how to make the most of your ISA allowance by learning more about the different types of ISAs available.
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Cash ISA vs Stocks and Shares ISA
How to choose between a Cash ISA or Stocks and Shares ISA.
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How many ISAs can I have?
Across the course of their life, someone could end up owning many ISAs. How many could they have?
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Great service all round.MR F, Tyne and Wear
Boring Money Awards 2023
The Personal Finance Awards 2022/2023
Times Money Mentor 2022
Help and support
If you have any questions about HL ISAs, you can speak to one of our client support experts by calling 0117 900 9000.
This website is issued by Hargreaves Lansdown Asset Management Limited (company number 1896481), which is authorised and regulated by the Financial Conduct Authority with firm reference 115248.
The Active Savings service is provided by Hargreaves Lansdown Savings Limited (company number 8355960). Hargreaves Lansdown Savings Limited is authorised and regulated by the Financial Conduct Authority (firm reference number 915119). Hargreaves Lansdown Savings Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 with firm reference 901007 for the issuing of electronic money.
Hargreaves Lansdown Asset Management Limited and Hargreaves Lansdown Savings Limited are subsidiaries of Hargreaves Lansdown plc (company number 2122142).