• Our services
• Investor accounts and services
• ISA
• How it works
• Paying in
• Withdrawing
• Buying and selling
• Transferring in
• Limits
• Corporate actions

How it works

ISA – how it works

Our Individual Saving Accounts (ISAs) work in a similar way to our Share Account – they give you a straightforward way to buy and sell investments. The benefits of an ISA include:

• No Capital Gains Tax to pay
• No further Income Tax payable as it has already been deducted
• Easy access to your money

What are my ISA allowances?

How do I buy or sell shares and funds in my ISA?

Transferring an existing Stocks and Shares ISA

If you have a Stocks and Shares ISA elsewhere you can arrange for it to be transferred to your account with The Share Centre. Please call our Customer Service team on 01296 41 41 41 for more details.

Transferring a Cash ISA

You can now transfer money from a Cash ISA into a Stocks and Shares ISA. Before doing so, ensure it is right for you as you cannot transfer it back into a Cash ISA at a later date. Please call our Customer Service team on 01296 41 41 41 for more details.

It can take up to four to six weeks to process your transfer

Don't forget that the value and income from investments can go down as well as up and you will not be able to deal in your investments during the transfer. Therefore there is the potential that you may have a loss of income / growth whilst the transaction is being completed.

Please bear in mind that your existing provider may also charge you for making a transfer.

01296 41 41 41