The Stocks and Shares ISA (Individual Savings Account)

The Stocks and Shares ISA, provided by Hargreaves Lansdown, offers an easy-to-manage, tax-efficient solution giving you access to a wide range of investments and tools.

You can choose your own investments from all the leading fund managers, or invest in shares, investment trusts, corporate bonds, gilts or ETFs. Alternatively, simply open your stocks and shares ISA (sometimes referred to as an investment ISA), hold cash and decide where to invest later.

If you have ISAs elsewhere you can transfer them into the Stocks and Shares ISA. You could save money and make them easier for you to manage.

You can access your money at any time, although as a rule of thumb, you should only invest money you won't need for at least five years.

Please remember the value of tax savings depends on your circumstances and tax rules can change over time.

Stocks & Shares ISA benefits

Invest up to £20,000 this tax year (2025/2026) and benefit from:

• Tax-free growth
  Pay no capital gains tax and no UK tax on the income. You don't even need to declare ISAs on your tax return.
• Wide investment choice
  Choose from over 3,000 funds, from top UK fund managers such as Artemis, Invesco and Fidelity, thousands of UK, US and European shares, exchange-traded funds (ETFs), government and company bonds, and much more. Where can I invest? »
• Low cost
  Receive initial savings of up to 5.5% on funds saving you up to £1,100 upfront on a £20,000 ISA investment. You won't be charged to buy and sell funds, plus we offer a low cost reinvestment service. Online dealing rates are £11.95 per deal and can be as low as £5.95 per deal for frequent traders. The maximum charge to hold funds in the HL Service is 0.45% per annum. View our charges »
• Easy to manage
  Manage your ISA online 24/7, on your smartphone, by phone or post at your convenience. How to manage your ISA »