Did you know you can take advantage of your ISA allowance without having to subscribe any new money?

You can do this through a process called  "Bed and ISA"  which is simply the selling of shares you already hold and transferring the proceeds (up to the annual allowance limit) to the shelter of an ISA so you can buy your shares back.

SMART MONEY
  • ISAs are a great way to maximise your savings while minimising the tax you pay.
  • You can invest up to £10,200 in each tax year.
  • Your investments are free from tax on any future capital gains.
  • Any income you make is not declarable on your tax returns.
'BED & ISA'. CURIOUS NAME, CLEVER IDEA
  • N&P 'Bed & ISA"  lets you use existing investments to open or top up your ISA.
  • Your shares are sold and then bought back within the shelter of an ISA.
  • Utilise your ISA allowance without stumping up new cash.
  • ZERO commission costs if you Bed & ISA your investments into an N&P Stocks and Shares ISA
  • This special offer is available to both new and existing customers until the 31 May 2010.
START RIGHT HERE

Apply online for a stocks & shares ISA 

 

  • Take advantage of the Bed & ISA offer by calling customer services on 01892 700838.
  • Remember, if you do not use your annual ISA allowance it is lost forever.
IMPORTANT THINGS YOU SHOULD KNOW

The selling of your investments will realise any gains or losses on your existing holdings. When buying the same shares back there will be a small difference in price due to the bid offer spread and government stamp duty will apply. This means you will not be able to buy back the same number of shares.

Stocks and shares ISA account management fee applies – 0.25% plus VAT of value of portfolio, applied six monthly (April and October). Minimum charge is £15 plus VAT, Maximum charge is £50 plus VAT.

Please remember that stocks and shares and any income
derived from them can rise and fall in value. You may not
get back the full amount of your investment.
If in doubt please consult an independent investment adviser.