Costs and Charges
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Stamp Duty
When you buy a UK stock, you’ll pay Stamp Duty to the Government. Stamp duty is 0.5% of the value of the investments you buy (1% on Irish stocks) and you won’t pay any Stamp Duty on AIM stocks or Exchange Traded Funds.
Spanish Transaction Tax
Spanish Transaction Tax (0.2%) is an additional tax payment when you buy some Spanish stocks e.g. Banco Santander and International Consolidated Airlines Group.
French Transaction Tax
French Transaction Tax (0.3%) is an additional tax payment when you buy some French stocks e.g. Total Energies and Renault.
Italian Transaction Tax
Italian Transaction Tax (0.2%) is an additional tax payment when you buy some Italian stocks e.g. Enel SPA and Unicredit SPA.
PTM Levy
Any trade over £10,000 will also be liable for a levy of £1 which is paid to the Panel on Takeovers and Mergers (PTM).
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Lloyds Bank vs. our competitors
See how we compare on trading funds in a Share Dealing ISA
Our comparison is based on:
- Making the most of your full ISA allowance by investing £20,000
- Trading 6 times a year in funds
- Our charges and competitors charges, excluding any fund manager charges or government taxes or levies
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|
Standard online commission (per trade) |
Annual platform/admin charge |
Calculation |
Total cost |
|---|---|---|---|---|
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|
Standard online commission (per trade)£1.50 |
Annual platform/admin charge£40 |
Calculation6 trades = (6 x £1.50) + Annual admin charge (£40) |
Total cost£49 |
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|
Standard online commission (per trade) |
Annual platform/admin charge |
Calculation |
Total cost |
|---|---|---|---|---|
|
|
Standard online commission (per trade)Free |
Annual platform/admin charge£90 |
Calculation6 trades = (free) + Annual platform charge of 0.45% (£90) |
Total cost£90 |
|
|
Standard online commission (per trade) |
Annual platform/admin charge |
Calculation |
Total cost |
|---|---|---|---|---|
|
|
Standard online commission (per trade)£5.99 |
Annual platform/admin charge£119.88 |
CalculationMonthly ‘investor’ price plan (£9.99 x 12 months). Includes 1 free trade per month. |
Total cost£119.88 |
|
|
Standard online commission (per trade) |
Annual platform/admin charge |
Calculation |
Total cost |
|---|---|---|---|---|
|
|
Standard online commission (per trade)Free |
Annual platform/admin charge£90 |
Calculation6 trades = (free) + 0.35% annual service fee (£90) |
Total cost£90 |
See how we compare on trading Stocks and Shares in a Share Dealing ISA
Our comparison is based on:
- Making the most of your full ISA allowance by investing £20,000
- Trading 4 times a year in UK shares
- Our charges and competitors charges, excluding any fund manager charges or government taxes or levies
|
|
Standard online commission (per trade) |
Annual platform/admin charge |
Calculation |
Total cost |
|---|---|---|---|---|
|
|
Standard online commission (per trade)£11 |
Annual platform/admin charge£40 |
Calculation4 trades = (4 x £11) + Annual admin charge (£40) |
Total cost£84 |
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|
Standard online commission (per trade) |
Annual platform/admin charge |
Calculation |
Total cost |
|---|---|---|---|---|
|
|
Standard online commission (per trade)£11.95 |
Annual platform/admin charge£45 |
Calculation4 trades = (4 x £11.95) + Annual platform charge of 0.45% (a shares only portfolio is capped at £45) |
Total cost£92.80 |
|
|
Standard online commission (per trade) |
Annual platform/admin charge |
Calculation |
Total cost |
|---|---|---|---|---|
|
|
Standard online commission (per trade)£5.99 |
Annual platform/admin charge£119.88 |
CalculationMonthly ‘investor’ price plan (£9.99 x 12 months). Includes 1 free trade per month. |
Total cost£119.88 |
|
|
Standard online commission (per trade) |
Annual platform/admin charge |
Calculation |
Total cost |
|---|---|---|---|---|
|
|
Standard online commission (per trade)£7.50 |
Annual platform/admin charge0.35% annual service fee (£90) |
Calculation4 trades = (4 x £7.50) + 0.35% annual service fee (£90) |
Total cost£120 |
Data for both tables has been taken from competitor websites, correct at 10/03/2023.
Please note, in addition to our charges you may have to pay government taxes or levies. Fund managers will also apply their own charges for funds and you can find these in the fund’s Key Investor Information Document.
Important legal information
The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.