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We want to hear about your Lifetime ISA (LISA) experiences
Are you planning to use your Lifetime ISA (LISA) towards your first home? Have you used one already, or tried to? We’d like to hear about your experience.Got a second-hand story about a friend or relative using a LISA? We'd love to hear that too. Or better yet, ask them to register for a Forum account and post about it…
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ISAs & Tax-free Savings Sticky
💷 Forum threads on this topic which you may find useful: * Tax Free Savings Guide Discussion Area * Lifetime ISA Discussion Area * Help to Buy ISA Discussion Area * Stocks & Shares ISAs Discussion Area * Cash ISAs: The Best Currently Available List * Transfer Cash ISAs Discussion Area 💰Helpful content from…
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Cash ISAs: The Best Currently Available List
Cash ISAs: The Best Currently Available List **Please note: The list of ISAs I have compiled below is continually updated. New ISAs are added as they launch and withdrawn ISAs will be removed from the list. ** The current Cash ISA limit is £20,000 for the 2025/26 tax year. **As with any financial product, before opening an…
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Transfer Out Plum ISA
Has anybody successfully transferred out a Cash ISA from Plum? I initially opened an ISA with Cynergy Bank but as part of the account opening, Plum (Plum Fintech Ltd (Saveable Limited - FCA: 739214)), wasn't listed. I contacted Cynergy once the account was open, only to be told they only accept transfers from institutions…
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Meteor - IsBank - 1yr Fixed ISA
Hi everyone, I've just started an ISA transfer from Moneybox to Meteor to be able to open their 1 year fixed rate at 4.35%. You can't open the account until the transfer is complete so it is a gamble but my current rate with Moneybox is 4.13% and I'm sure I'll be able to get this elsewhere is Meteor remove the rate, has…
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New To Stocks & Shares ISAs
I am 55 and my wife is 50. Both are 40% tax payers working full time, with no debt and a paid off rental property bringing in a monthly income. My pension pot sits at £1million and we are currently working at filling my wife's pension pot which currently doesn't have much in. We have £100k in cash isas (Yes, probably too…
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Monument ISA transfer in.
Can anyone that has had an ISA transfer to Monument complete in the past day please advise how long it took. I'm in the process of transferring an isa to them but it will take me above the FSCS protection limit and need to initiate a partial transfer out to lower the balance. I'm wanting to gauge when that might be as I'm…
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Emerging LISA future rules
I have recently read an article (The Mirror: "“Lifetime ISA win for first-time buyers – but bad news for retirement savers”), which said that: "… You currently face a withdrawal penalty if you use your Lifetime ISA savings for any reason other than buying your first home or retirement. This not only wipes out the bonus,…
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Sanity check - S&S ISA to SIPP
I am not looking for financial advice, just a sanity check to see if this is a reasonable plan. I have a S&S ISA of about £3,000 that I opened a few years ago as a first taste in investing. I haven't contributed to it recently. I am contributing to a flexible Cash ISA for short term goals. I also have a SIPP with about…
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Ford Money - Interest Reduction
Just received notification that Ford Money are reducing the rate on their Flexible Cash ISA from 4.04% to 3.79% on the 12th February. Have been really happy with how easy and quick it's been to withdraw and replace funds. Same day payment if requested before 1.00 pm. Might to look for a better interest rate.
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New Help to Buy ISA
I was listening to the Martin Lewis podcast and I might have misheard, but he seemed to say at one point that the new help to buy ISA which will replace the LISA, will only be avaialble as a cash savings product, and not as an investment wrapper/S&S ISA. Is that right or did I misunderstand that comment?
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What to do with my savings
Hello everyone. Probably a very naive post here, but would appreciate any help. Returned to the UK from the Middle East on £50k salary in education (annual increment so ~£56k by 2030). Probably end up renting somewhere for ~£1.2k/month until we buy. I have £100k+ in a normal savings account with NatWest and still have a…
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Taking profits from a stocks and shares ISA
over the years I’ve built up a good portfolio of stocks and shares and cash in ISA’s, always maximising my allowance. I’ve also built up profits and interest payments in the accounts. Now I’d like to take out some of my profits. I have flexible accounts. Now it seems, when I take money out it is taken from the allowance…
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Nationwide won't allow interest to be paid out of my ISA
The last time I opened a cash ISA with the Nationwide it wasn't possible to have the monthly interest paid out into my FlexAccount. That was OK then but soon I'll want the income from ISA interest. Why don't Nationwide allow interest to be paid out, even when the interest is paid monthly? I asked in branch and the advisor…
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S and s isa
Hi I definitely want to open an s and s isa before the tax year. Not certain which platform yet Atm maybe vanguard fidelity or investengine If I buy some shares in a GIA can I transfer them to a s and s isa once I know which platform I like best?
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Money management fixed rate cash isa - cash Isa - fixed cash isa
when my fixed rate cash isa matures.. I can let it default to ordinary flexible cash isa. Can I withdraw some monies then and re-invest the whole of the remainder back into a fixed isa ie if I had 40k initially , withdraw 10k and then transfer the remainder (30k) into a fixed rate cash isa and also add a further 20k as…
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Account sharing issue.
My partner has a number of shares in my trading account worth 12k, having doubled in value. Could I sell an equivalent number of shares in my ISA account and give her the full amount and her be free of any tax burden?
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Regular Investing into S&S ISAs
Thoughts please. I want to invest £450 a month of surplus income into S&S ISAs from April onward. (I have plenty of cash to cover emergencies). I currently have a Nutmeg/JPM S&S ISA that I put £500 in for a sign-up bonus, and £100 in a Santander S&S ISA that I opened purely for the cashback. I bought Vanguard Life Strategy…
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ISA allowance in the year Junior ISA converts to Adult ISA
I'm hoping someone can point me to a definitive answer on this question. I contributed the maximum £9000 to my son's Junior ISA in the tax year he turned 18 (2020-1) , In that same tax year I contributed 14k more to his now adiult ISA, and 4k to a LISA with a different provider. I consulted an IFA who insists this was an…
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Shawbrook Bank , Really?
I tried to open an Easy Access Bonus Account Online, with my wife which was shown on MSE. We filled in the form and had an email back saying it was received and Shawbrook Bank would be in touch within 5 days. Nine days later I called them to ask what was happening? After giving the Application reference number and my…
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II cashing out problems
Hi i used to be with XO share dealing but this was taken over by II. I don’t deal much and want to cash out and then close the account before the monthly payments start. However although the trading account shows the full cash amount c £3000 when I go to withdraw it just shows the very old cash balance of £160 as…
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Zopa mistake
I thought I'd let you forum people know, in case you didn't already, that Zopa have made a mistake and they have informed HMRC of people's ISA interest as though it was taxable interest. They have informed HMRC that they have made this error and HMRC have confirmed to them that they will correct the error on people tax…
