Making the Most of Your Stocks and Shares ISA Allowance for 2015

Written by Karen Bryan

uk notesThere are many benefits to opening a stocks and share ISA. Firstly, you don’t have to pay any tax on the capital gains made from your investments as they go up in value. Secondly, you don’t have to pay any tax on interest on bonds meaning you get to keep any returns earned there too. Thirdly, income earned on any shares investments is taxed at just 10 per cent which is a significant saving for higher and additional-rate taxpayers who would otherwise have to pay higher rates of 32.5 per cent 37.5 per cent respectively.

While some people take a DIY approach to investing and choose where best to place their money through meticulous research, others prefer a little help to build up a high-yielding portfolio and make the most of their annual ISA allowance (£15,000 for the tax year 2014-15, rising to £15,240 for the ta year 2015-16).

Everyone from financial advisers to banking groups can help you navigate the stock market but if you’re looking for a hassle-free, time-efficient solution, choosing an online discretionary management company to take care of your investments could be the right option for you. Intrigued? Then here are three companies to consider.


Want to invest but don’t know how to make the most of your tax-free stocks and shares ISA allowance? Then Nutmeg are well worth a look. As the UK’s first online discretionary management service, Nutmeg has the expertise to build you a stocks and shares ISA portfolio based around the level of risk you’re comfortable with, your financial goals and your personal needs.

Simply answer a few basic questions online and the Nutmeg team of financial experts will build a set of investments that they feel best suit you. It takes 10 minutes to get started and you can start with just £1,000. It really is that simple and with a brand new personal pension about to be rolled out to all customers, Nutmeg is a top choice for many.


HSBC is one of the largest banking and financial services institutions in the world serving millions of customers throughout its four global businesses. Offering a wide spectrum of investment solutions, HSBC has the know-how to analysis the stock market with confidence and provides a discretionary management service to anyone who wants to delegate the management of their investment portfolio to professionals.

BNP Paribas Wealth Management

BNP Paribas is a French bank and financial services company with headquarters in Paris, France. For over 150 years they’ve been committed to protecting the wealth of their clients, developing it and eventually passing it onto loved ones and offer a range of investment options including a discretionary investment management solution. As capital markets are inherently complex and ever-changing, BNP Paribas Wealth Management aim to make investing that little bit simpler by putting your portfolio in the hands of experts.