Dealing account features
The AJ Bell Youinvest Dealing account has a wide range of features that make it hard to beat when it comes to flexibility and choice of investments.
A market leading investment range
You can choose your investments from a huge range of shares and funds, and we’ve got handy research tools as well as regular investment articles and videos to help you decide. The choice is yours – just remember that the value of investments can change, and you could lose money as well as make it.
If you have a balance of £4,000 or more in your account you will also receive Shares magazine online for free. Each week there is in-depth reporting on the events that move the markets and smart ideas on new investments to buy.
Our regular investment service is a great way to build your portfolio by investing monthly. You can start from as little as £25 per month and there is a wide range of investments to choose from with online dealing costs just £1.50 for purchases. You can also use our dividend reinvestment service on a wide range of shares, investment trusts and ETFs.
Pay less with our low cost Dealing account
Our Dealing account has no set up charges and you can transfer in an existing share dealing account from elsewhere without charge.
Online dealing charges are £1.50 for funds and £9.95 for shares and you can benefit from our frequent dealer discounts too.Click here to view our charges
Our pricing calculator allows you to estimate your charges.
The flexibility to manage your account as you want to
You can view your Dealing account online 24/7, monitor your portfolio and research your next purchase using our market tools.
To help you stay in control, you can deal in shares real time online when the market is open or set a limit order if the market is closed. Orders in funds can be input at any time. You can even deal on the go with our mobile apps for iPhone, iPad and android.
If you already have a SIPP or an ISA with us, opening a Dealing account or transferring one in will enable you to manage all of your investments together. You can also open a Dealing account for a child, for more information see our investing for children pages.
Help with managing your tax affairs
Many investments pay out income – dividends. The first £2,000 of dividend income that you get in a tax year is tax free. Above this level dividends are treated as the top slice of your taxable income and taxed as follows:
Basic rate band
Higher rate band
Additional rate band
Remember, your tax treatment depends on your personal circumstances, and tax rules can change.
Tax is not deducted automatically so if your dividend income is more than £2,000 you will need to complete an HMRC self-assessment tax return. To help you complete your tax return we’ll send you an annual tax statement showing all your dividends.
If you live in the UK, you will not pay tax on any gains you make on your investments until you sell them and ‘realise’ the gain. You receive a tax-free allowance each year - for 2020/21 the capital gains tax allowance is £12,300. This means you are able to make gains or profit of £12,300 before you pay tax. The level of tax you pay above this amount depends on your total taxable income. For more information on capital gains tax and tax on dividend income visit www.gov.uk
We’ll also send you an annual statement of gains and losses, using the information you supply when you open the account plus the data from your Dealing account.
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