Stocks and Shares ISA

Why open an ISA?

When you invest in a Stocks and Shares ISA not only are you investing for your future but you’re also protecting your money from UK Income Tax, Capital Gains Tax and Dividends Tax.


What does this mean for me?

You’ll end up with more money in your pocket if your investment goes up in value or you plan to take an income from any dividends.

How much can you invest?

Currently the ISA allowance is £20,000 and it’s been like this since April 2017, but this may change in future tax years (which runs from April – April every year).

If you have other ISAs like a Cash ISA then you’ll need to deduct the amount you’ve saved (if you put money in it this tax year) from the £20,000 allowance.

Benefits of choosing IWeb

Simple charges

  • No annual account charges, confusing percentages or inactivity fees.
  • Low cost dealing commission (£5 per online UK trade).
  • Fund trades (£5 dealing commission per online trade)
  • No international dealing commission online (1.5% foreign exchange rate still applies)

Variety

  • A wide selection of investments inc. UK and international shares, Funds, Exchange Traded Funds (ETFs), Investment Trusts & more.

Protection

  • IWeb, a trusted and long standing company, is part of Lloyds Banking Group.

How it works

  • Open an account with us for a one-off £100 – no annual charges eating into your investments.
  • You’ll also get a Share Dealing Account – at no extra cost.
  • Start trading at just £5 per trade – our dealing commission for UK and international shares, Funds, ETFs, Investment Trusts, Bonds & GILTs.

Transfer your ISA

With our low dealing commission rate of £5 from day one, you may want to switch to us from your current provider. It's easy to do - once you’re signed in simply head over to our transfers page to fill out our online form.

Account opening charge

The £100 account opening charge will be taken within 10 working days after opening your account from the debit card you register your Share Dealing Account or ISA with.

If we’re unable to collect the account opening charge using your bank details we’ll collect the charge from any new funds deposited into your share dealing account or ISA.

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. We don't provide advice so if you are in any doubt about making your own investment decisions we recommend you seek advice from a suitably qualified financial adviser.

Understanding a Stocks and Shares ISA

  • IWeb Stocks and Shares ISAs are not flexible ISAs, so money you withdraw then pay back in during the same tax year will count towards your £20,000 ISA allowance.
  • You can only subscribe to one Stocks and Shares ISA per tax year.
  • When opening a Stocks and Shares ISA, a separate Share Dealing Account will automatically be opened for you. 

Ready to apply for a Stocks and Shares ISA?

New to Share Dealing?

Start your 2022/23 Stocks and Shares ISA. You will just need your address, debit card details and national insurance number to hand.


Open an ISA

Already a Share Dealing customer?

Simply sign in to apply. Once you’ve accessed your Share Dealing Account, click on ‘Open a new account’ in the right-hand navigation.


Sign in to Share Dealing

FSCS logo

Investments with Halifax Share Dealing Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme. This limit is applied to the aggregated total of any stock or cash held across the following brands which we administer.

This is in addition to any other savings deposits you may hold across Lloyds Banking Group.

boring money Best for low-cost ISA over £50K 2022