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£20K
An ISA allows you to invest up to £20,000 per year and any gains are tax-free
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£0
The custody fee can be fully offset by online dealing commissions and funds platform fees.
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99.9%
We meet best execution 99.9% of the time, if we don't we'll refund our commission
The ISA factor
How a flexible ISA can work for you
A Stocks and Shares ISA allows you to invest up to £20,000 per year and any gains are tax-free. Plus, we are one of the few providers to offer a flexible ISA.
It means that with an EQi ISA, you have the freedom to withdraw money, and pay it back in the same tax year, without it counting against your annual £20,000 allowance.
Reasons to think ISA
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1. Tax smarter
With a flexible Stock and Shares ISA, you can invest up to £20,000 in each tax year and you won’t pay Capital Gains Tax on any profits you make. Plus, your dividends are tax-free, too.
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2. Investing independence
You can invest in companies from around the globe and in funds which offer a basket of ready-made investments.
Investment risk warning
The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.
EQi does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.
The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.
ISA 2022/23 Deadline Dates
| Subscription type | Deadline for 2022/23 tax year | Additional Information |
| Online - ISA applications with a debit card subscription (Existing EQ customers only) | Date - 5th April 2023 Time - 23:59 |
Subject to completion of the applications process in accordance with the EQi Terms & Conditions |
| Postal - ISA applications with a Cheque subscription (Existing EQ customers only) |
Date - 4th April 2023 | |
| Bed & ISA | Date - 4th April 2023 (Postal Instructions) Date - 5th April 2023 (Telephone Instructions) Time - 16:00 |
Dates are based on holdings already within an EQi Dealing Account |
| Bed & ISA - certificated Shares (including CREST Transfer form) deposited into an EQi Dealing Account |
Date - 27th March 2023 |
Subject to the application process |
| BACS payments (Direct Debit) |
Date - 5th April 2023 Time - 23:59 (Online Instructions) Date - 5th April 2023 Time 17:30 (Telephone Instructions) |
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| CHAPs/Faster payments | Date - 5th April 2023 Time - 16:00 |
Subscriptions must be made from the nominated bank account linked to the EQi account |
| Cheque payments | Date - 5th April 2023 | Subject to standard cheque payment verification |
| CSN deposits | Date - 29th March 2023 | |
| Debit Card payments | Date - 5th April 2023 Time - 23:59 (Online Instructions) Date - 5th April 2023 Time - 17:30 (Telephone Instructions) |
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| Transfer from an existing EQi Dealing Account | Date - 5th April 2023 Time - 23:59 (Online Instructions) Date - 5th April 2023 Time - 17:30 (Telephone Instructions) |
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| Transfer-in Shares from an employee SAYE/SIP scheme | Date - 29th March 2023 |
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How does a flexible ISA work?
With a regular ISA, if you subscribe £15,000 and then take £5,000 out, your annual subscription won’t adjust – it will remain at £15,000. This means adding another £5,000 would result in you reaching your annual allowance – even though your ISA would contain only £15,000.
With EQi’s flexible ISA, if you took out £5,000, your ISA subscription readjusts to show the amount subscribed as £10,000. You’d be able to add a further £10,000 into the ISA before reaching your annual allowance.
Why is flexibility a benefit?
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WHY EQI?
Why choose a flexible ISA over a "standard" ISA?
If you want the freedom to withdraw and replace funds during the year without it counting against your tax-free allowance, you should think about a flexible ISA
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INSIGHTS
Flexible ISAs: what's the story?
Over the years a number of developments have made ISAs even more attractive. And now, we have the flexible ISA. Finance journalist Holly Thomas delves in to what flexible ISAs are all about.
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EQi explains
Tax
Learn more about the tax benefits of an ISA
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INSIGHTS
ISA, SIPP or both?
An EQi customer discusses her reasons for holding both a SIPP and an ISA
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INSIGHTS
Types of ISA
Learn the difference between a cash ISA, Stocks and Shares ISA and Lifetime ISA
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Tools
Funds as you build
From Square Mile, the independent investment research business