Stocks and Shares ISA / Share Plan

What is an ISA?

ISAs (Individual Savings Accounts) were introduced by the Government in 1999 to give UK residents a tax efficient way of saving. There are two type of ISA, a Cash ISA and a Stocks and Share ISA .

Who can have an ISA?

Anyone who is resident in the UK can open an ISA. You need to be 18 or over to open a Stocks and Shares ISA and over 16 for a Cash ISA. ISAs can only be owned by one individual.

ISA Tax Treatment

ISAs are highly tax efficient because:

  • You don’t pay any additional tax on income you receive
  • You don’t pay tax on any capital gains arising from your investments
  • You don’t have to inform HMRC about income and capital gains from your ISA
  • The government sets agreed limits on how much you can put into your ISA in a single tax year.
  • For 2015/16 the limit is a total of £15,240 which can be split between a Stocks and Shares ISA and a Cash ISA.

Asset Value Investors (“AVI”)‘ Stocks & Shares ISAs and Share Plans are two ways of enjoying stock market returns through an investment trust. They are also, in the case of a Stocks & Shares ISA, a tax efficient way of investing.

Opening an ISA with British Empire Trust p.l.c. (“British Empire”) is a tax efficient way to invest in our investment trust. Your ISA will be composed of stocks and shares, specifically shares in British Empire.

Applications to invest in British Empire referred to on this Site, must only be made on the basis of the current Key Features Document, or other applicable terms and conditions.

Invest Up To £15,240 Tax Free

The minimum lump sum investment to open an ISA with British Empire is £1,000. Once the account has been opened, you can make lump sum deposits of any amount, as long as you don’t exceed the savings limit of £15,240 each tax year. Alternatively, you may choose to make regular monthly deposits from as little as £100 per month.

Past performance is not a guarantee to future performance, an investment in a British Empire ISA may result in loss of capital. Tax treatment depends on the individual circumstances and may be subject to change in the future.

In order to access the online application forms you will need to confirm that you have read and understood the following documents:

proceed and read the documents You will need bank account details, address and national insurance number to complete the form.

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The AVI Share Plan is a savings plan which aims to provide a simple way for private investors to purchase shares in the British Empire Trust p.l.c. (“British Empire”).

No Upper Limit On The Amount You Can Invest Or On The Profits You Receive

The AVI Share Plan has none of the tax advantages of a Stocks & Shares ISA. On the other hand, it has no upper limit on the amount you can invest or on the profits you receive.

Flexible Long Term Investment

Like all stock market investments, Share Plan is best suited to saving and investing for the long term. Because of this, many people find it the ideal way to fund children’s savings, plan for university fees or put money to work to pay for weddings and the like.

You can make lump sum payments into your Share Plan from as little as £250 at a time. Or, if you prefer, you can make regular monthly deposits of £50 or more.

Investments can be started or stopped whenever you wish, making Share Plan as flexible a way to invest as any you’ll find. Investment in this product may result in loss of capital. Tax treatment depends on the individual circumstances and may be subject to change in the future.

In order to access the online application forms you will need to confirm that you have read and understood the following documents:

proceed and read the documents You will need bank account details, address and national insurance number to complete the form.

Unable to view pdf on browser? Please download Adobe PDF Viewer