Shepherds Stocks and Shares ISA is the smart way to benefit from your ISA allowance and make your savings TAX-EFFICIENT
No matter how much or how little you can afford to save for a brighter future, your money will grow faster if you pay less tax on your savings - that's why a Shepherds ISA can help you save more tax-efficiently. The money you invest and its growth is free from income or capital gains tax, yet you can still have access to your money whenever you need to.
Our easy-to-follow forms make opening or transferring an ISA simplicity itself.
Just look at what the Shepherds ISA has to offer:
How much can I invest in a Shepherds ISA?
Everyone over the age of 18 can invest from just £500 right up to the maximum of £7200 (£10,200 if over 50 years of age) each tax year in a Shepherds Stocks and Shares ISA, provided you live in the UK and are ordinarily resident here for tax purposes.
How will my ISA grow?
Your ISA will grow when it receives a share of the profits of the Shepherds fund (as the fund is made up from a mixture of assets, their value will move up and down over time and this may affect how much we add to your ISA as bonuses). It should be considered as a medium (5 years plus) to long term investment. And remember there's no tax to pay on any interest earned, no capital gains tax on any profits and no need to include your Stocks and Shares ISA on your tax returns.
Can I get access to my money?
You can have access to your money at any time; all we require is that you withdraw a minimum of £100 at any one time. A minimum balance of £100 needs to be left in your ISA.
Can I transfer an existing ISA to the Shepherds ISA?
Yes - all you need to do is complete a transfer form. We will then contact the existing ISA company and write to you when we have received the money.
It's easy to apply for a Shepherds ISA or to transfer an existing ISA
Simply download and complete an application form or an ISA transfer form. Or call our customer service team on 0161 428 1212 and they'll send you the correct form. If you're looking to transfer an existing ISA we can make the necessary arrangements for you.
All references to taxation are to UK taxation and are based on Shepherds Friendly Society’s understanding of current legislation and HM Revenue and Customs which may change in the future. Investment growth is by means of bonuses, the amount of which cannot be guaranteed throughout the term of the contract. Please ensure that you read the full Terms and Conditions of this plan which are available from your financial adviser or by contacting us directly. The Shepherds ISA may return you less than you have invested. It is intended to produce growth over the long term.
It is different from deposit accounts, which typically provide instant or easier access to your money. If you have a need to access your money you should always consider holding sufficient type funds.
Applying for an ISA or transferring
an existing ISA couldn’t be simpler
The Shepherds Stocks and Shares ISA offers a highly TAX-EFFICIENT way to save - so open a Shepherds ISA today!
Shepherds Friendly is a mutual organisation whose primary objective is to provide its members with the very best products, services and returns on their investments.