Managing your ISA

If you have any questions about investing in an ISA, we can help.

Please remember that the value of investments and the income from them, can fall as well as rise and you may get back less than you invest. If you’re not sure about investing, seek independent advice. There will normally be a charge for that advice. Tax treatment depends on individual circumstances and may be subject to change in the future.

Tax year information and subscription limits

Moving money or stock between your accounts

  • Only shares that have been transferred from an HMRC approved scheme can be directly transferred into an ISA. For other shares, you can do a sale and repurchase (bed and ISA) to move investments to your ISA (subject to the investments being ISA eligible).

    This involves selling your shares, moving the cash into your ISA and buying the shares back in one instruction. The amount of cash moved will count as a subscription to your ISA and the sale may be subject to Capital Gains Tax.

    To request a sale and repurchase online, you can complete the ISA sale and repurchase form. Select ‘Help and Guidance’ then ‘frequent questions’, ‘useful forms’ when logged on to your account.

    You can also complete this transaction with one of our colleagues over the phone. Please note, we charge £35 to complete this transaction over the phone per line of stock.

  • If you'd like to transfer money from your Share Dealing Account into your ISA then you may be able to do this online. We can only transfer money into an active ISA. 

    Please note, your money must be showing as ‘available to withdraw’ before it can be moved into your ISA.

    To request this online, you can complete the Transfer cash into your ISA form. Select ‘Help and Guidance’ then ‘frequent questions’, ‘useful forms’ when logged on to your account.

    You can also complete this transaction with one of our colleagues over the phone or by web chat.

    Log on

Adding an ISA to your existing account

Transferring money or stock from another ISA

  • To start a transfer, simply log on and select ‘Transfers’ in the right-hand menu. When you have completed the transfer form, print and sign it, and then post it to the address provided.

    We don’t charge transfer fees however your current broker may charge you to transfer out.

    If you do not have access to a printer then you can select an option for us to post the completed form to you so that you can sign and return it.

    Transfers will take 2 to 3 weeks to transfer cash or UK shares, and 6 to 8 weeks for funds or international listings. Transfers from a Lifetime ISA or Innovative Finance ISA usually take 30 calendar days.

    Log on

  • To start a transfer, access your account through the tile on Internet Banking and select ‘Transfers’ from the right-hand menu. Our Ready-Made Investment accounts can only accept cash transfers so any stock will need to be sold before you can transfer to us.

    Transfers will take 2 to 3 weeks to transfer cash and transfers from a Lifetime ISA or Innovative Finance ISA usually take 30 calendar days.

    Log on to Internet Banking

  • Investments cannot be transferred between the ISAs of two different people. However, where an ISA holder died on, or after, 3rd December 2014, their surviving spouse or civil partner can inherit their ISA tax benefits. You can find more information in Bereavement support.

ISAs and share certificates

  • You can’t directly transfer a certificate into your ISA unless it has come from an approved HMRC scheme/plan. To transfer the shares into your Share Dealing ISA, you need to:

    Deposit the share certificate into a Lloyds Bank Share Dealing Account by downloading and printing a transfer form (PDF, 71KB). You’ll need a separate Crest transfer form (PDF, 137KB) for each stock you want to deposit. This takes approximately 10 working days.

    Please note that we can’t accept Irish certificates. For further help, please contact the company Registrar directly.

    If your shares have matured from an approved plan, you'll need to send us a written request to directly transfer your shares into your Stocks and Shares ISA. This is known as a 90-day transfer form (PDF, 66KB).

    You’ll need to include proof that the shares have been exercised (or withdrawn from a SIP) in the last 90 days. This is known as a Letter of Appropriation, and you can get this from your share scheme administrator.

    We would recommend that you send your request and all the required paperwork at least 2 weeks before the end of the 90 day period. This will give us time to carry out relevant checks.

  • You can’t directly transfer a certificate into your ISA unless it has come from an approved HMRC scheme/plan. To transfer the shares into your Share Dealing ISA, you need to:

    Deposit the share certificate into a Lloyds Bank Share Dealing Account by downloading and printing a transfer form (PDF, 71KB). You’ll need a separate Crest transfer form (PDF, 137KB) for each stock you want to deposit. This takes approximately 10 working days.

    Please note that we can’t accept Irish certificates. For further help, please contact the company Registrar directly.

    You’ll need to complete a Sale and Repurchase once the shares are available in your Share Dealing Account. See above section 'Moving stock from your Lloyds Bank Share Dealing Account into your Lloyds Bank Share Dealing ISA' for details.

Important legal information

The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Important share dealing information