Each tax year, UK tax residents have the opportunity to invest in an individual savings account (ISA). The current allowance is £7,000 per tax year for a Maxi ISA and £3000 per year for a Mini ISA. The shares element of the Mini ISA limit rises to £4,000 from April 2008. There is a choice between the types of investments you can make, which include shares.
HBOS PLC, through its subsidiary Halifax Share Dealing Limited, offers the Halifax Share Dealing Self Select Maxi and Mini ISA. Halifax Share Dealing Limited is authorised and regulated by the Financial Services Authority, is a member of the London Stock Exchange, and an Inland Revenue-approved PEP and ISA manager. Other ISA managers offer similar products.
For further information about these schemes, including the charges, contact the Customer Care Team at Halifax Share Dealing, on Tel 08457 22 55 25 or write to them at Trinity Road, Halifax, West Yorkshire, HX1 2RG or visit the website.