ISAs & Junior ISAs

Individual Savings Accounts (ISAs) and Junior ISAs offer tax efficient investing opportunities, providing shelter from higher rate income tax on dividends and capital gains tax.

Major changes from July 2014, means up to £15,240 for the current tax year can now be invested annually in an ISA, and the division between stocks and shares ISAs and cash ISAs has disappeared

James Sharp & Co offers Self-Select ISAs which allow clients to invest in a wide range of investments including any UK or foreign company listed on a recognised stock exchange, or any fund or investment trust which meets the ISA rules set by the Inland Revenue.

Junior ISAs are a popular way for family and friends to build up tax-efficient savings and investments to help with future costs of education, buying a home or simply giving a child a great start in life.

Our Execution-only or Advisory dealing services can be applied to ISAs.

You should consider if the potential benefits are likely to exceed the associated charges. 

Tax treatment depends on the specific circumstances of each individual and may be subject to change in the future.

Investors need to be aware that past performance is not necessarily a guide to future performance. The amount you invest can fall in value, including the income you derive from investments, and you may lose some or all of the amount you have invested.

Child Trust funds (CTF's) can now be transfered to Junior ISA's. You need to be aware the following stakeholder CTF features might not be included in a Junior ISA;

  • Lifestyling from age 15
  • Minimum subsriptions of £10 allowed
  • Annual charge cap of 1.5%

A CTF transfer to Junior ISA transfer form must be completed with a Junior ISA application form which is available on request.

Please note no interest will be payable on any bank accounts.

 

Useful forms

Download an ISA Subscription Declaration

Junior ISA Key Facts Document

Child Trust Fund to Junior ISA form