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Pension to ISA Benefits?
Hi, Taking into account the freeze on the personal allowance for the forseeable, do the forum members think that taking my 25% tax free lump sum out of my pensions and using it to top up my ISA would be a good move ? . My thinking is, why pay tax on any income above my state pension which I would if I drawdown my pensions,…
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New ISA Limits advice
With ISAs switching back to a mixed cash/stock setup, here’s something I really wish I’d understood when I was younger: If you can, always max out your ISA allowance. Even if you don’t need it right now. Even if you’re not paying tax yet. Rules change, economies change, and one day you may find yourself paying far more tax…
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ISA shares dripping
If you hold shares in an old ISA that pays dividends the income is not taxable. Some companies will allow you to reinvest the dividend (DRIP) into buying more shares rather than take the dividend as cash. If you decided to take this option do HMRC regard this as investing in a new ISA?
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ISAs with monthly interest (and possibly some access as well)
Not sure if this is even a possibility or whether such an ISA exists but has anyone got any suggestions as to cash ISAs which add the interest on monthly. This is for new funds (but possibly I can also transfer an ISA from a previous year across). Ideally I would like easy access and fixed rate but I know this wont be…
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TR^DING 212 ISA - Password in 3rd party data breach
When logging in today was advised to change my password as it had been involved in a 3rd party data breach. As far as I can remember this password was unique to this site. I wonder if anyone else has seen this message when logging in to Tr^ding 212. I never save my password and always enter it manually. Also I now see my…
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Chip transfer out with zero contribution in current tax year
I have recently been trying to transfer out my Cash ISA from Chip to a fixed term account with Saffron. Being fully aware that I have to do a full transfer from Chip, and having only contributed in previous tax years (nothing in 2025/26), I only ticked the box on the ISA transfer form to do a full transfer of my previous…
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Cash ISA Inflated interest rate at point after adding funds- Trading 212
Hi all, wanted to gauge opinion on Trading 212 and its highlighted interest rate for Cash ISA via their app. I opened a cash ISA account 10 months ago but at that point didnt add any funds. I got round to adding funds this week. During the process the app indicated after the stage of depositing of funds the interest rate…
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MSE News: Martin Lewis asks Chancellor to raise the Lifetime ISA limit and answers viewer's question
MoneySavingExpert.com founder Martin Lewis has once more pressed the Chancellor Rachel Reeves to increase the Lifetime ISA (LISA) limit from its current £450,000 cap. In the latest episode of ITV's The Martin Lewis Money Show Live, Martin also answers a viewer's question on whether to continue to contribute to their LISA…
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HMRC increasing tax on salary due to savings
I have recently changed jobs and had a pay increase which puts me in the 40% tax bracket and I hadn't fully understood all the implications this will have. HMRC took an additional £300 in income tax in my November pay and when I called them to find out more this is when it became apparent that it's due to interest on…
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Help to Buy ISA - help
I opened a Help to Buy ISA just before they were stopping them a few years ago. I put in £1 to open it and have never done anything with it. I’m looking to purchase my first home next year. Am I too late to start putting money in? I believe I can’t put in a lump sump? e.g. put in 4k lump sum to get 5k back) or can I? Any…
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Help with cash heads battered
Hi I have 20k in a chase standard savings account I can save about 2-5k a year my question is do I open a ISA n put it in there or what should I do with it my heads battered with all this tax talk that I don't really understand stand pls help
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LISA 25% penalty charge
My Granddaughter has a stocks and shares LISA, which (at present) is doing very well. If she cashes it out, rather than using it towards buying a house, does the 25% penalty apply to the total value of the fund, or just the amount that she paid into the fund? If the penalty is on the total value of the fund, it seems…
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Junior stocks and shares ISAs
I’m trying to decided between Fidelity or HL for JISAs. Can you tell me why you chose either and/or if there are any others I should consider? Thanks.
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Flexible S&S ISA
HL’s ISA doesn’t seem to be flexible. Is there such a product? As I am retired, a flexible option might be useful Thanks.
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HMRC Tax Due
Just received a letter from the HMRC of tax I owe from interest I have earned they are saving I have held a bank account with J P Morgan and I have gone over the personal allowance I have never held a J P Morgan account all I can think of it was when I had a T212 ISA So a little confused
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Transfer Cash Lisa to S&S Lisa after 40.
Hi, My cash isa rate is pitiful, and I have completed my first time home purchase without using my cash LISA, therefore the lisa wont be touched for a fair few years at retirement. I am happy to let my lisa sit for a further couple of decades but obviously want more than the 3% or so the nottingham is giving me, what are…
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Cash ISA transfer - Charter to Vanquis
Has anyone transferred a variable cash ISA from Charter to Vanquis? How quick are transfers? Do they both use electronic systems?
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New £12,000 limit on Cash ISA
Ok so in the future we will apparently limited on how much we can put in a Cash ISA. Apparently we will still be able to put a total of £20,000 in a ISa but £12,000 in a cash ISA and the rest I presume in a stocks and shares ISA. if that’s the case then how are we limited other than by the range of companies we can use.…
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Cash ISAs capped at 12,000 (a year)
Amount under-65s can put into cash Isas (Individual Savings Accounts) capped at £12,000, with the rest of the £20,000 allowance reserved for investments
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isa
i had full 20000 for year 23/24 in may of this year I with drawled 11900 and replaced in several amounts back up to the 20000 but as it was last years money dose this mean I can add more ie i have added 12314.94 and with drawn -2163.66 that's the 11900 plus's 414.94 i have added and again 2163 with drawn from this year…
