Stocks and Shares ISA

Make the most of your full ISA allowance

A Stocks and Shares ISA lets you invest in the growth potential of the stock market. At the same time, you enjoy the valuable tax advantages of an ISA.

At a glance

How to apply

• • Invest up to £11,280 this tax year (2012/2013)
  • Access the potential growth of the stock market
  • Offers a range of funds to help meet your personal needs and goals
  • Invest additional amounts anytime
  • Tax-efficient investment
  • Open with a minimum investment of £500 or set up as a regular investment with a minimum of £50 per month

  Savings limits

  The total Stocks and Shares ISA allowance for this tax year is £11,280. If you save into a cash ISA, the maximum stocks and shares allowance is £11,280 less any cash ISA savings made in the same tax year.

  The Stocks & Shares ISA is provided by AXA Portfolio Services Limited.

  As it is linked to the stock market, the value of a stocks and shares ISA can fall as well as rise and is not guaranteed, meaning you could get back less than you invest. The value of any tax benefits depends on your individual circumstances. The Stocks and Shares ISA is intended to be a medium term (at least 5 years) to long term (over 10 years) investment. Charges will apply for fund management and administration.

  Please speak to a Financial Planning Manager in your local branch to find out more.

• • To apply for a Stocks & Shares ISA please speak to a Financial Planning Manager at your local Yorkshire Bank branch
  • Telephone 0870 6000 334 (Mon to Fri 9am to 5pm)

Anyone aged 16 years or over is eligible to apply for a Cash ISA and for a Stocks and Shares ISA applicants must be 18 or over. You must be resident and ordinarily resident in the United Kingdom.

The value of any tax benefits to you depends on your individual circumstances, the Law and Her Majesty's Revenue and Customs (HMRC) practice which are subject to change. The proceeds of an ISA are currently free from Capital Gains Tax.

For your security, calls may be monitored or recorded.

Your Yorkshire Financial Advisory Service Financial Planning Manager is a representative of AXA Wealth Services Limited, and can offer only a range of products and services available through AXA Wealth Services Limited. Your Financial Planning Manager will give you details of the provider of any product that is recommended to you. Clydesdale Bank PLC introduces only to AXA Wealth Services Limited and both are authorised and regulated by the Financial Services Authority.