Stocks & Shares ISA
Make the stock market work for you
- Invest up to £7,200* each tax year
- Save regularly into your ISA from just £50 per month
- ISA proceeds are free from UK Income Tax and Capital Gains Tax
Our Stocks & Shares ISA is brought to you in partnership with our sister company, investment specialists MLC. Invest in a Stocks & Shares ISA and not only could you benefit from the potentially greater returns of stock market performance – paid free from UK Income Tax and Capital Gains Tax, but you’ll also benefit from MLC’s experience, expertise and reassuring investment approach, where they actively manage the fund managers who are investing your money.
* £7,200 may be invested where no subscription to a Cash ISA has been made. The total ISA allowance is £7,200 which can all be invested in a Stocks & Shares ISA, or, if you save into a Cash ISA, £7,200 less any Cash ISA savings.
How to apply
- Visit your local Yorkshire Bank branch
- Telephone 0870 6000 334 (Open Monday - Friday 9am-5pm)
The value of any tax benefits to you depends on your individual circumstances which can change. The proceeds of an ISA are currently free from UK Income Tax and Capital Gains Tax. The value of an investment and any income from it may fall as well as rise, is not guaranteed and you may not get back what you originally invested.
What you get
Life is easier when your money works harder for you
- Tax-efficient investment
- Invest up to a maximum of £7,200 or transfer existing ISAs
- Proceeds are paid free from UK Income and Capital Gains Tax
- Deposit an annual lump sum or make smaller multiple payments
- Transfer savings from other accounts to maximise the benefits
- Save regularly by Direct Debit
- Free financial review.
Other savings accounts
- Instant Savings Account - easy access to your money whenever you need it
- Savings Account Plus - let your savings provide a healthy return
- Term Deposit - hold your account for the full term and you'll receive a guaranteed rate
- 40 Day Notice Account - Save as much as you like and when you need to withdraw your savings just give 40 days notice
- Cash ISA - a great way to watch your money grow, tax-free
- Cybersave - start early and help your child manage their money
- Child Savings Bond - a great investment for your child’s future
- Child Trust Fund - put your child’s savings into overdrive, open a Child Trust Fund today
Full details are contained in our Key Features of the MLC Stocks & Shares ISA (PDF, opens in new window), which is also available on request from your local branch, or by calling 0870 6000 334. For more information you can arrange an appointment with one of our Financial Planners in your local branch.
Yorkshire Bank is a trading name of Clydesdale Bank PLC. MLC Savings Limited and Clydesdale Bank PLC are entered in the Financial Services Authority's register and their register numbers are 191235 and 121873. 'MLC' is a trading name of MLC Trust Management Company Limited (Number 2949646) and MLC Savings Limited which are authorised and regulated by the Financial Services Authority. These companies are registered in England (Number 3663932), Registered Office: 88 Wood Street, London, EC2V 7QQ. Clydesdale Bank PLC and MLC are members of the National Australia Bank Group of companies.
For your security, calls may be monitored or recorded.
Yorkshire Bank is a trading name of Clydesdale Bank PLC which is a member of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. You may be entitled to compensation from the Scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.
In respect of deposits with a UK office, payments under the Scheme are limited to 100% of the first £50,000 of a depositor's total credit balances with the Bank. In respect of investments covered by the Scheme, payments are limited to 100% of the first £30,000 of the claim and 90% of the next £20,000, resulting in a maximum payment of £48,000. Further details of the Scheme are available from us on request or from the Financial Services Compensation Scheme: www.fscs.org.uk or Financial Services Compensation Scheme, 7th Floor, Lloyds Chambers, Portsoken Street, London, E1 8BN.