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Pendennis Worldclass Superyachts : Obsession with detail
The Personal Investment Service: Made for you

Pendennis Worldclass Superyachts

Obsession with detail

They say you can judge a workman by the workshop he keeps, and nowhere is this more evident than Pendennis Superyachts.


Pendennis paint their Yachts in a 75 metre dry dock entirely under cover and environmentally controlled, to keep dust and other debris out, creating a pristine head turning finish that protects their Yachts against the elements for longer. It’s just one of the details that has made Pendennis an ocean apart from other yacht builders.


Like Charles Stanley, they know that it is this obsession with detail that makes for a quality product.

The benefits of investing using ISAs


ISAs allow you to build your own portfolio of investments within a tax efficient account that is 'ring-fenced' from the rest of your financial affairs. You need not give HM Revenue & Customs any details whatsoever about these investments.

The choice of eligible investments is extremely wide. With a Charles Stanley Stocks and Shares ISA you have the freedom to choose from all qualifying investment options including shares, fixed interest stocks, gilts, unit trusts, investment trusts and OEICs.

The tax benefits are attractive too. Investments within an ISA are free of all Capital Gains Tax (CGT) on disposals. This is an additional exemption, on top of your personal annual CGT allowance. There is no higher rate tax charge on the investment income that you receive in your ISA. You pay no additional tax on dividends, or on interest on stocks that you hold in your ISA.

The tax position is more favourable still, where you hold interest-bearing investments in your ISA, bonds, for example. In this case, where 20% UK tax has been deducted by the issuer before paying the interest, we will reclaim this from HM Revenue and Customs on your behalf.

There are also favourable rules regarding the treatment of interest on the cash balances in your ISA. You can withdraw your money at any time without losing the previous tax relief and we make no exit charges apart from a pro rata administration fee.

Transferring your existing ISAs to Charles Stanley is straightforward. We charge nothing for doing this but you should clarify exit charges and transfer terms with your existing manager.

 

Charles Stanley