We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

ISAs & tax-free savings

Archives for December 2016

Cash ISA in new tax year with old HTB
Hi I'm sure this question has probably been asked before but I have searched and can't find an answer. I opened a HTB ISA in Feb (so last tax year) and was going to open a Cash ISA, but obviously I'm still contributing to the HTB ISA £200/mo. Some websites state that you can't open one of each in the same tax year and…
Stocks & Shares ISA - HL
Morning, newbie here. I've been meaning to get into some form of investment and was looking at HL who let you open an S&S ISA from £25 a month by DD. Is this a good place for a newbie - who wants to dip his toe in the water - to start? I appreciate that there's a yearly fee of 0.45% but that's fine. My main concern would…
ISA annual allowance
If you had £30K to save, could you put it into two ISA's, even though the annual allowance is £15240? Or would you need to put £15K into a different savings account?
hargreaves lansdown calculator
Does anyone have any method to establish the real return of an HL portfolio, and a few basic analytics? I have tried my best and I can't find any such information on the website. I appreciate that it might be there and I just didn't find it, but I am beginning to doubt it. I was looking for something like the return per…
IF ISAs?
So what is the story with these? There seem to only be a handful of providers offering them - are the rest still waiting for FCA approval? From 6 April 2017 am I correct that we can subscribe to 4 different ISAs?: -Cash -S&S -IFISA -H2B/LISA With a combined limit of £20k with a £4k limit for the LISA?
Help to buy ISA hiccup
Son has just made a boo boo and transferred 70 into his help to buy isa instead of his current account. It's a few days before he should be paying in the monthly 200 - has he messed up his chances of getting the bonus now or can he just transfer in the remaining 130 when its due?
Merge Santander ISAs
I have two Santander ISAs which I haven't paid into or taken money out of during the 2016/17 financial year. Apologies if this is a silly question but am I able to merge the two ISAs into one and if so, when would be the best time to actually do it? Am I also able to them contribute the ISA allowance of £15,240 into the…
ISA to saving account
Hi, Considering moving saving to get better rate of interest and account hop to collect £100 account transfer bonuses. My plan is this to transfer my NatWest isa account to the nationwide account via referral to collect £100 bonus, phone insurance and better rate of interest. My question is this- can I also first transfer…
Deficit On Stocks And Shares ISA
Hello, I've got about £9,000 in a S&S ISA with Charles Stanley for a couple of years now. The other day I received an email, saying that following the deduction of platform fees, I now had a deficit of £30 on my account and needed to pay money in now to cover it. Can anyone explain why or if I need to do this. Thanks in…
h2b ISA plus s&s LISA = keeping them concurrently
Hi, just a random thought I had on reading up on the LISA due to come in next year. I'm going to be opening a h2b ISA soon, no plans to buy for a good few years. I earn a modest wage, so I'm unlikely to hit the upper limits of what I can save in any accounts - I'm currently 35, so would probably be buying very late 30's,…
MSE News: Lifetime ISA withdrawal penalty scrapped for 2017/18
Savers using the new Lifetime ISA (LISA) won't be charged the usual 25% penalty for withdrawing money which isn't put towards a first home or retirement in the first year of the scheme, the Government has announced...Read the full story: 'Lifetime ISA withdrawal penalty scrapped for 2017/18' Click reply below to discuss.…
Temp savings 35k
Hi everyone We are currently remortgaging and releasing some equity for an extension. I'm going to have 35k sat around for a while so I was wondering is there an account I can open to maybe gain some interest or anything clever I can do with the money? I don't know how long we'll have it but I want to be smart with it if I…
Have you ever tried a robo advisor or artificial intelligence to invest?
Hello, Seems these kind of services are very new. Basically, rather than having a fund managed by a human, there is a computer program or algorithm that does it, using AI and/or Big Data, and because of that fees are smaller. At the moment I only know one that offers an ISA, this one (check the diagram and play with those…
Why are HelpToBuy ISA variable rates so much better than standard variable ISA rates?
Obviously the main thing about the Help To Buy product is the government bonus, but the interest rate being offered on them is magnitudes higher than that on the same provider's regular variable cash ISAs (eg Halifax: 2% versus 0.3%, Natwest: 2% versus 0.01%). What forces are at work here? Is the government subsidising the…
ISA advice
At 25 with quite a bit of saving it's getting near that time to starting thinking on a house, I was planning to open an ISA help to buy account, but noticed the lifetime ISA account, would I be better holding out to April? I'm not planning to buy for a few years yet but is building eligible for the bonus? And could both…
Al Rayan Bank problems
Hi All Anyone had any hassle with Al Rayan Bank? I am having difficulty with an ISA account that they say my Interest was paid quarterly to my current account with another bank. This has not happened and now they are stalling over it. The ISA hsd matured now and I want to move it but first I need to get to the bottom of…
Save to buy ISA's
So, in March 2012 I opened a save to buy ISA. I was happy with the account. Paid 2.5% and interest was paid in September a toatl of £20,000 can be saved alone with the possibility of being able to obtain a nationwide 5% deposit mortgage. Back in December 2015, Nationwide wrote to me to tell me the account was changing to a…
Santander money transfer, says "Order not allowed due to notices in the account"
Just tried to transfer money from Santander account to linked current a/c and get the following message: Order not allowed due to notices in the account attention! PL_0919 A google search tells me others have had this in the past but no explanation as to why or what it means. I sent Santander a secure message but it's 73…
Is ISA status really worth protecting?
Me again. I am a financial newbie so apologise AGAIN for my ignorance. ======================================================== I have £50k currently held as cash under the "ISA wrapper". Seems I cannot get more than 1% in an ISA savings account but I see I can get 1.31% with Charter. That's £680 a year compared with £500…
USD - GBP Exchange Rate & Sharesave
Hi Everyone, This is my first post here, as I normally find answers to everything I need to know by searching but can't in this instance. I'm currently saving £50 a month into a 3 year sharesave scheme with an option to buy a set number of shares in the American company I work for at a set price in GBP, not the USD that…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

ISAs & tax-free savings

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

ISAs & tax-free savings

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free