Tax year ends 5 April: act soon to secure your ISA allowance and take advantage of special offers. Terms apply.
Stocks and Shares ISA
Invest for your future, free from UK tax
Open a Stocks and Shares ISA with the UK’s #1 investment and savings platform
Before you invest in a Stocks and Shares ISA: investing for 5+ years increases your chances of positive returns compared to cash savings. But investments rise and fall in value, so you could get back less than you put in. You’re responsible for your investment decisions. Tax benefits depend on your circumstances and rules can change.
What is a Stocks and Shares ISA?
A Stocks and Shares ISA is an investment account that lets you grow your money, free from UK tax.
Save tax
Invest up to £20,000 each tax year, free from UK income and capital gains tax.
Boost potential returns
Take advantage of long-term investment opportunities.
Match your goals
Pick investments that match your values and goals.
Why choose the HL Stocks and Shares ISA?
Let your investments flourish with our most popular account, the HL Stocks and Shares ISA.
Pick your own investments or choose from ready-made options
Take advantage of our expert research and investment analysis
Manage your Stocks and Shares ISA on the go with our award-winning mobile app
Speak to our UK-based helpdesk if you have any questions
Get £100-£3,000 cashback
Enjoy up to £3,000 cashback when you open an HL Stocks and Shares ISA. Cash payments and transfers count towards your cashback.
You'll need to keep the qualifying amount in your account until 31 March 2026. Cashback will be paid in April 2026.
Offer ends 5 April 2025. £10,000 min. Full terms apply.
| Contribution/Transfer total | Cashback |
|---|---|
| £10,000-£99,000 | £100 |
| £100,000-£249,999 | £250 |
| £250,000-£499,999 | £500 |
| £500,000-£999,999 | £1,000 |
| £1,000,000+ | £3,000 |
Your chance to win £50,000
Open or top up an HL Stocks and Shares ISA to shelter your money from tax.
Make cash payments of at least £3,500 and you'll automatically enter our prize draw to win one of two £50,000 cash prizes.
Offer applies to contributions made between 10 February and 5 April 2025. You'll need to keep the qualifying amount in your account until 20 May 2025. Offer ends 5 April.
Open an award-winning Stocks and Shares ISA
Get started in minutes. Once set up, you can make withdrawals whenever you need to.
Open a Stocks and Shares ISA from £100 lump sum, or £25 a month via Direct Debit.
Is a Stocks and Shares ISA right for you?
Consider investing in a Stocks and Shares ISA if:
You’re clear on the differences between saving and investing and you have cash savings to cover emergencies
You understand the value of your investments will rise and fall, so you could get back less than you invest
You’re happy to invest for the long term – we suggest at least five years
You’re comfortable choosing your own investments and happy to check in to make sure they’re continuing to meet your objectives
This isn’t personal advice. If you’re not sure whether a Stocks and Shares ISA is right for you, ask for financial advice.
Your ISA investment options
Build your own ISA
Your ISA, your choice
Choose from funds, UK and overseas shares, investment trusts, bonds, exchange-traded funds (ETFs) and more.
Expert research
Take advantage of our expert research, analysis and ISA investment ideas.
Leave it to our experts
Ready-made investments
All-in-one investment options, created by our team of experts.
Easy to start
Choose the investment which best matches your goals and risk level. Add supporting investments if you want to personalise your portfolio.
Stocks and Shares ISA charges
0.45%
Our Stocks and Shares ISA is free to set up. The annual account charge is no more than 0.45% for holding investments. Some investments will have their own annual charges.
Buying and selling funds is free. Dealing charges apply to other investments, such as shares and ETFs.
Trusted by 1.9 million
Our clients trust us with over £155bn of their savings and investments.
Over 40 years experience
We’ve been helping people to save and invest for a better future since 1981.
Award-winning service
Over 200 awards, including 'Best Investment App' and 'Best for Customer Service' for 2024.
FAQs
Common questions about Stocks and Shares ISAs.
You can open a Stocks and Shares ISA if you’re over the age of 18 and UK resident for tax purposes. You should also be:
Comfortable choosing your own investments in an ISA
Confident making long-term investment decisions
Free from significant debt (other than a mortgage)
Clear on our charges
Investments fall as well as rise in value, so you could get back less than you put in. If you’re not sure which investments are right for your Stocks and Shares ISA, please ask us about financial advice.
Yes, you can into more than one Stocks and Shares ISA in the same tax year.
You can also spread your £20,000 ISA limit across any combination of Stocks and Shares, Innovative Finance or Cash ISAs. However, you can only pay into one Lifetime ISA each tax year (up to £4,000 per year) if eligible.
For example, if you wanted to divide your ISA allowance between cash and investments, you could put £15,000 in a Stocks and Shares ISA and the remaining £5,000 in a Cash ISA.
On top of the £20,000 ISA allowance, it’s also possible to pay up to £9,000 into a Junior ISA for a child.
You can open an HL Stocks and Shares ISA with £100 as a lump sum, or by setting up a Direct Debit from £25 per month.
Yes, you can.
Although Stocks and Shares ISAs are designed for long-term investing, you can withdraw cash at any time.
We don’t charge you for withdrawals or for selling funds. Dealing charges apply to shares and other investments.
If you withdraw money from a Stocks and Shares ISA, you’ll lose that portion of your ISA allowance.
ISA essentials
Read more about Stocks and Shares ISAs.
Join 950,000+ HL Stocks and Shares ISA investors
Open or top up your Stocks and Shares ISA from £100 lump sum, or £25 a month.
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