SVS Stocks & Shares ISA

Managing a Stocks & Shares ISA has never been simpler. Our ISA gives you the opportunity to invest in a wide range of stocks and take advantage of the various tax benefits.

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Overview


Our online trading platform makes it easier for you to trade online and on your mobile. It is designed to make your online trading easy, efficient and reliable. Our aim is to offer you a simple and effective trading experience to help support your goals. We offer a straightforward pricing structure, which ensures that charges are easily calculated with no surprises.

 

What is a Stocks & Shares ISA?


It is a tax efficient investment account regardless of what tax amount you pay compared to a normal investment account.

There are many benefits that come with a Stocks & Shares ISA:

  • No Tax on Dividend Income
  • You won't have to pay Capital Gains Tax on profits within your ISA
  • No need to inform your tax office (HMRC) that you have an ISA

 

What is the Tax on Dividend Income?


Dividend Income Tax is payable when the total dividend income is above the £2,000 tax free dividend allowance. Dividend income can also be used against your annual personal allowance which is currently £11,850.

Dividend income which exceeds the allowance will be taxed at the following dividend tax rates:
 
  • Basic rate tax payers pay 7.5%
  • Higher rate tax payers pay 32.5%
  • Additional rate tax payers pay 38.1%

 

What is Capital Gains Tax (CGT)?


CGT Is payable when an asset such as shares are sold with a profit.
 
The amount of tax payable is dependent on your income and is only applicable to the amount gained.
 
  • Basic rate tax payers pay 18% CGT
  • Higher rate tax payers pay 28% CGT
 
There is also a tax-exempt amount of £11,100 per year, which means if the value of the gain of an asset is:
 
  • Equal to or below this amount, there is no tax due.
  • Above this amount, then tax is due at the mentioned rates.
 
Below is an illustration of what you could potentially save in CGT if your investments are held within an ISA.
Investment Amount Sale Price Gain CGT Exempt Amount CGT Rate 18% CGT Rate 28% Potential Savings With an ISA
£5,000 £10,000 £5,000 £11,100 £0 £0 £0
£10,000 £20,000 £10,000 £11,100 £0 £0 £0
£15,000 £30,000 £15,000 £11,100 £702 £1,092 £702 - £1,092
£20,000 £40,000 £20,000 £11,100 £1,602 £2,492 £1,602 - £2,492

 

What is the ISA Allowance?


Every year the Government sets an annual ISA allowance/limit on how much you can invest in an ISA. This year the limit is £20,000, you can invest the full limit in a Stocks & Shares ISA, Cash ISA or a combination of both.

Any unused ISA allowance will not roll over to the following tax year however, you will instead receive a new additional annual limit set out by the Government to add on top of your existing ISA.

Please note: SVS does not offer a cash ISA account

Moneywise Money Week The Guardian Financial Times London Stock Exchange CISI

Why Choose Us?


We offer one of the most competitive low-cost stockbroking services in the UK. Our charges are straightforward and easy to understand.

You'll also get the following:

£7.95 per online trade.

No admin or inactivity fees.

UK-based telephone support from 8:00am to 5:00pm.

Live online chat support from 8:00am to 5:00pm.

Trade anywhere with our online platform.

Safe and secure online platform.

Easily move money between your trading and ISA account.

Account Features


Open an account within minutes

Open an account within minutes. As soon as you have deposited money into your account you can start investing.

Choose from a wide range of investments

Want to buy shares in the FTSE 100 companies and invest in the Alternative Investment Market (AIM)? Our Execution-Only account gives you access to trade GBP quoted equities.

No admin or inactivity fee

Whether you trade regularly or only a few times, no matter how much you invest we do not charge you an admin or inactivity fee. This is one of the great reasons why SVS XO is one of the most competitive low-cost stockbroking services in the UK.

Safe & secure

SVS Securities Plc is authorised and regulated by the Financial Conduct Authority, (Register 220929) and is also a member of the London Stock Exchange. You can access our trading platform using a standard web browser through a 128-bit secure SSL environment or through our secure mobile apps.

Trade Anytime, anywhere

Our trading platform is now available on all desktop and smartphone devices. Trade at home or on the go with our mobile app (coming soon) and you will never be more than a few clicks or swipes away from your portfolio.

Apply for an account


Applying for an Execution-Only account with SVS XO is easy. Simply complete the online application process and follow the on-screen directions.

If you have any questions about completing the application process, you can contact our customer services team through our Live Support or call us on +44 (0)20 3700 0100, they are available from 8:00am - 5:00pm Monday to Friday.

Applications for Individual accounts...

  • Must be aged 18 years or over
  • Must be a permanent resident in the UK
  • Must have a UK Sterling bank account


Please have the following beforehand:

  • Your address details for the last 3 years
  • Your bank details
  • Your National Insurance Number

 

Open an account

Risk Warning: All investments carry risks. The price of shares and other financial investments, and the income derived from them, may fall as well as rise and the amount realised may be less than the original capital invested. There is an extra risk of losing money when shares are bought in a period of high volatility. The extent and value of any ISA tax advantages or benefits may vary according to your individual circumstances.

The levels and bases of taxation may be subject to change. Forecasts are not a reliable indicator of future performance and past performance is not a guarantee of future success. You should carefully consider your own financial circumstances before dealing in the stock market. You may not get back the full amount invested. If you are in any doubt about your investment decisions, we recommend you seek the advice of an independent financial advisor authorised under the Financial Services and Markets Act 2000, who specialises in advising on the acquisition of shares and other securities.