We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Skip to main content
  • Register
  • Help
  • Contact us

Important information - Investments can go down as well as up in value, so you may get back less than you invest. The information on this page isn't personal advice - please ask us for financial advice if you’re not sure which investments are right for you. Tax rules for ISAs can change and their benefits depend on your circumstances.

Simple, convenient, sensible

Whether you're new to investing or already an expert, you can choose your own investments with our Stocks and Shares ISA.

A Stocks and Shares ISA is an easy way for you to invest free from UK tax. And although investing is best for the long term, you can withdraw your money whenever you need to.

What is a Stocks and Shares ISA?

You can think of a Stocks and Shares ISA as a shopping basket. The investments you put in the basket are up to you, and the ISA shelters them from UK income tax and capital gains tax.

More Stocks and Shares ISA basics

Invest up to £20,000 this tax year

How much can I invest in an ISA?

Each tax year (6 April to 5 April) there’s a limited amount of money you can put in ISAs. This tax year the ISA allowance is £20,000.

Tax rules for ISAs can change and their benefits depend on your circumstances.

ANNUAL 0.45% ACCOUNT CHARGE

HL ISA charges

The annual charge for holding investments in an HL Stocks and Shares ISA is never more than 0.45%.

Your dealing and other charges will depend on the investments you choose.

See our Stocks and Shares ISA charges

ISA Investment Ideas

How much could your ISA be worth?

Our ISA calculator can help you picture different scenarios. While it only provides examples, which aren’t guaranteed, you can experiment with different variables.

Change things like how much you expect to pay in each year, or the potential rate of investment growth. You might be surprised by the results.

Try the calculator

An ISA with a promise

Open an HL Stocks and Shares ISA, and if you’re not 100% satisfied with our service in your first 12 months, close your account and let us know. We’ll then refund our annual account charge – no questions asked.

Open an HL Stocks and Shares ISA

Once you've decided to invest your ISA allowance, it takes less than five minutes to get started. You'll just need a debit card and your national insurance number to hand. Remember that your investments can go down as well as up in value, so you may get back less than you invest.

Two simple ways to start your Stocks and Shares ISA

Do-it-yourself

Choose from over 2,500 funds, shares, investment trusts and more to build your portfolio.

  • You’re in control of what you buy and sell
  • You’ll get expert research to help your decisions
  • Start your ISA from £100 or £25 per month

Ready-made portfolios

Let us know your goals and risk appetite and we’ll show you a ready-made portfolio that matches.

  • We’ll buy and sell investments to match your chosen goal and attitude to risk
  • Just keep an eye on your portfolio to make sure you’re happy
  • Start your ISA with £1,000 or more

Want to transfer an existing ISA to us? Just let us know and we’ll take care of the rest. Transfer an ISA to us

Add money to your Stocks and Shares ISA

Add money now

Please read the ISA key features before adding money.

To add money with a debit card online or using the HL app, log in to your account and under 'Actions' choose 'Top up'. Then follow the instructions to enter your debit card details and make your payment.

You can also call us on 0117 980 9950 to add money to your ISA.

Set up a Direct Debit from £25 per month

Please read the ISA key features before adding money.

Invest monthly into your choice of funds, FTSE 350 shares, selected investment trusts and exchange-traded funds (ETFs).

You can start, stop, increase and decrease your Direct Debit whenever you like. Log in to your account and choose the 'Monthly savings' tab to get started.

Transferring to HL
Cashback

Transfer an ISA

You can transfer your other ISAs to us at any time - it won't count towards your ISA allowance.

It doesn't take long to transfer and we'll take care of all the work for you.

Act by 30 June and receive cashback as a thank you. Terms apply.

Learn more about transferring

Why choose HL for your Stocks and Shares ISA?

  • Security - we're a FTSE 100 company, trusted by over one million clients and regulated by the Financial Conduct Authority
  • Ease - check your Stocks and Shares ISA anytime online or with the HL app
  • Expertise - investment ideas from our expert analysts
  • Award-winning - we've won over 200 awards, including Best for Digital ISA 2021 from the Boring Money Best Buys Awards, and Best Stocks and Shares ISA Provider 2021 by UK Investor Magazine
  • UK-based helpdesk - speak to our client support experts if you have any questions

New to investing?

Getting started could be easier than you think. Watch our videos to get to grips with the basics of investing.

Or download a Guide to ISAs to learn more about how investing in ISAs works.

Frequently asked questions

  • Who can open a Stocks and Shares ISA?

    You can open a Stocks and Shares ISA if you’re over the age of 18 and UK resident for tax purposes. You should also be:

    • Comfortable choosing your own investments in an ISA
    • Confident making long-term investment decisions
    • Free from significant debt (other than a mortgage)
    • Clear on our charges

    Investments fall as well as rise in value, so you could get back less than you put in. If you’re not sure which investments are right for you, please ask us about financial advice.

  • Can I pay into more than one Stocks and Shares ISA?

    You can’t pay into more than one of the same type of ISA in the same tax year. So you couldn’t, for example, pay into a Stocks and Shares ISA with two different providers in the same tax year.

    You can, however, split your ISA allowance between a Stocks and Shares ISA, a Cash ISA, an Innovative Finance ISA and a Lifetime ISA (up to £4,000 per year).

    For example, if you wanted to divide your ISA allowance between cash and investments, you could put £15,000 in a Stocks and Shares ISA and the remaining £5,000 in a Cash ISA.

    On top of the £20,000 ISA allowance, it’s also possible to pay up to £9,000 into a Junior ISA for a child.

  • What’s the minimum amount needed to open a Stocks and Shares ISA?
    You can open an HL Stocks and Shares ISA with £100 as a lump sum, or by setting up a Direct Debit from £25 per month.
  • Can I withdraw money from a Stocks and Shares ISA?

    Stocks and Shares ISAs are designed for long-term investing – we usually suggest a horizon of at least five years.

    But there are times you might want to withdraw money from your ISA, and you can do this at any time. If you’re selling investments first, the trade will need to settle before you can withdraw cash. This usually takes about two working days for shares and four for funds.

    With the HL Stocks and Shares ISA, there's no charge for withdrawing money. Though there might be charges for selling some investments, depending on what you hold.

    Just remember that if you take money out of your HL Stocks and Shares ISA, you’ll lose that portion of your ISA allowance.

More Stocks and Shares ISA FAQs

Quick easy and efficient service all under one umbrella

MR DUKES, Newcastle

Awards

BEST BUY ISA 2022
Boring Money Best Buys Awards


ISA PROVIDER OF THE YEAR 2021
Money Age Awards


BEST STOCKS AND SHARES ISA PROVIDER 2021
UK Investor Magazine

See all our awards

Help and support

If you have any questions about the HL Stocks and Shares ISA, you can speak to one of our client support experts by calling 0117 900 9000.

Contact us

Read our FAQs

Email us