Natwest Self Select ISA 1 review

Published on 7 November 2010 by Raffick Marday

The BrokerLine Self-Select ISA is a Stocks and Shares ISA where you are in control. The worth of investments, and the income from them, can fall as well as rise, and you may not get back the entire amount you invest. Any tax treatment or reliefs referred to are those applying under current legislation, which may change, and their availability will depend on your private situations.

You can use cash or transfer shares you by now own. You have to keep a note that you will be required to sell existing shares and buy them back within the ISA wrapper. This entire process is called ‘BED&ISA’. You may be accountable for tax on any Capital Gains made before the shares are held within the ISA wrapper as well as any other expenses coming up from the sale of the shares.

You can choose to leave any cash in your ISA, re-invest or withdraw it, subject to current regulations.

What Are The Benefits Of Natwest Self Select Isa?

With the natwest self select ISA account, you can invest up to £ 10,200 in a BrokerLine Self-Select ISA during any of the current tax year, currently it is (2010/2011). You can start trading from an amount of as little as £ 15. You are provided with the facility of viewing your trading history and the value of your shares online. You can also check share prices online or by phone. Whatever suits you and is convenient for you. You can easily get every arranged, as when to buy or sell shares. This can all be done automatically when a nominated price is reached.

So, till whenever you are with us you can enjoy low administration fees and you can also test your strategies by setting up virtual portfolios before you invest any money.


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