ISA transfers are live for everyone 🚚
A few week’s ago we launched our ISA transfer waitlist.
We’ve seen huge demand from investors looking to hold their stocks and shares ISA with Freetrade, and we’ve now tested and finalised our process, so we’re removing the waitlist today. 🎉
That means you can now transfer your ISA at another provider to your Freetrade app and grow your long-term investments in a tax-efficient wrapper, at a low cost.
As you’d expect, transferring in and out are both completely free!
What can I transfer?
- An existing stocks and shares ISA
- A cash ISA with another provider
- An innovative finance ISA with another provider
A reminder of the bumper benefits of an ISA:
- You pay no UK capital gains tax on your investments
- You pay no UK income tax on your dividends
- You can put in and invest up to £20,000 each tax year
- It’s one of the best, most tax-efficient ways to build your investments over the long-term
- Low to non-existent admin, depending on your situation.
- You do still pay US tax on US dividends, but these are deducted at source, so you have no admin with it.
It’s time to transfer! 🚚
Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go up as well as down and you may receive back less than your original investment. Tax laws are subject to change and may vary in how they apply depending on the circumstances.
Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).
