Hargreaves Lansdown

srcandas

mr_fishbulb wrote: »

Are you classed as a "resident for tax purposes" in the UK? If you are overseas, and not a "resident for tax purposes", you can't pay into an ISA.

Tx for your concern fishbulb but I´m a uk res for tax purposes. Wish I could spend more time overseas but sadly even with the internet I need to be uk based quite a bit so worth making it 184+ days

May change in 2 or 3 years though :beer:

Jerben

grey_gym_sock wrote: »

it is 0.5% of the value of the shares, i.e. about £2.25 per year.

i think transferring out would cost £30 (inc. VAT) per holding.

so not the best place to buy individual shares, but probably best to leave it there now.

Is the £30 correct?

How is this worked out and where is it in the t's & 'cs?

Thanks.

premierfella

I'll let you make up your own mind as to why HL choose not to include the stock transfer out fee in the list of charges here:
http://www.hl.co.uk/investment-services/isa/savings-interest-rates-and-charges
and instead "hide" it in the terms and conditions.

For the ISA the relevant term is within C9:

"...Transfers will take place in the form of cash. Transfers as stock
may be allowed subject to our discretion. The fee for transferring as stock is £25 (+VAT) per holding."

http://www.hl.co.uk/__data/assets/pdf_file/0015/37122/Online-Ts-and-Cs.pdf

The fee is not particularly excessive compared to other providers, which range from around £15 per holding upwards.