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Lifetime / Cash ISA Mistake
I have created a bit of a problem for myself and I am looking for some advice on how to resolve it... Back in April when the new tax year started I transferred £20k from my regular savings account into my Trading 2-1-2 Cash ISA (flexible). At the time the plan was to keep another £4k in a regular savings account at a…
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Help to buy isa or lisa
Hi. My son will be 23 at the end of this year. He has a help to buy isa with only £72 in it . Hehas other saving accounts and an isa. He will probably be looking to purchase a home before 2030 (i think deadline for help to buy?) I really don't understand them at all. Can he put the full amount of £12,000 into his before he…
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Flexible ISA / putting money back in after withdrawing?
Hello, I have a question around Flexible ISA rules. I have an ISA from the 2022-23 tax year (this is the confusing bit). I withdrew money and I'm wondering if I can put it back now? Details: * Opened a Barclays Smart Investor ISA (Flexible) in December 2022 * Put in £20k and my investment grew to £28k * Last month I…
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Trading 212
Hi. I took the advice on this website and used Trading 212 to
set up a new cash ISA. I followed the instructions on the app, set up a new
payee with my bank using the instructions given and deposited an amount of
money from my account into the Trading 212 ISA. I received an email confirming
the identity verification was…
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Child Trust Fund maturity and investment into senior cash ISA
My kid’s Child Trust Fund is due to mature when they reach
18 years this August. I have saved for them through out and have an excess of
£20000. On maturity, I want to save this ( they will operate) to a Cash ISA
with high interest. I got in touch with Kent Reliance which offers a great
interest rate for their variable…
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Do i have to transfer into a new ISA?
I don't understand this line in the MSE guidlines: * If you want to transfer, don't withdraw your cash and transfer it manually. You'll lose all tax benefits if you do. Instead, speak to the new provider and fill in an ISA transfer form. Your new provider will then move the money over for you – keeping your ISA cash…
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Tembo cash ISA transfers out
I have drawn a blank finding out whether Tembo allows partial transfers out. Does anyone know or have a link to Tembo information?
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transfering a cash isa into a stocks isa
earlier this year i opened a stocks and shares isa with trading212 and maxed out the 20k as soon as i could. Last year i opened a cash isa with chartr savings bank that is due to mature in November. When it matures can i transfer it to the trading212 stocks and shares isa or does it have to remain in a cash isa with eith…
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Flexible Cash Isa: Can you pay back into previous tax years?
In the 2024-2025 tax year I had 20k in a flexible ISA with Chip. Withdrew 12k, leaving 8k left at the end of that tax year. Can I replace the 12k from that tax year or is it limited to the 8k? Thanks.
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Trading 212?
I’m about to transfer my ISA from HSBC to Trade 212. Has anyone any experience with it and is it genuine and ok?
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Help/advice on Stocks and Shares ISAs for a beginner
Hi folks I’m considering opening a stocks and shares ISA but I still get confused by it all. I’m not someone who likes too much risk and would be interested in a platform where I could just put money into and not have to think much about it, without incurring too much costs. I already put a little money into a regular ISA…
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Child Savings Account vs ISA in parents name
Hi, apologies if the answer to this question is obvious but i'm not particularly familiar with all the different types of savings accounts that are available and their advantages. Is there any advantage of saving £50 a month in future saver accounts for each of my children versus me just saving an extra £50 a month for…
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1 Yr Virgin Fixed Rate interest payment at odd time
1 Yr Virgin Fixed Rate E-ISA Issue 654 In December 24 I opened this ISA. I randomly noticed that interest had been added on 5th August. The ISA matures on Dec 24th 2025. Anyone know why Virgin have added interest in the 8th month of a 12 month fix?
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Virgin 1 Year Fixed Rate ISA 5.05%
As the title says, Virgin Money are offering a 1 year fixed rate cash ISA with a rate of 5.05%: https://uk.virginmoney.com/savings/products/1_year_fixed_rate_cash_isa_exclusive_issue_14/ Seems to beat the best rate offered in the MSE newsletter?
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ISA Transfer
I have already invested £20K into a Fixed rate ISA in this tax year. I also have an old flexible rate ISA which was opened some time ago. Under the rules, am I allowed to transfer the flexible rate ISA into a new Fixed rate ISA? The reason I am asking is that whenever I open an ISA one of the conditions is that you cannot…
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Flexible ISA Replacement Rules Confusion
I thought that withdrawal of current year funds from a flexible ISA had to be replaced from the account it had been withdrawn from. But reading the below in the new Coventry 5 Access ISA t & c I am wondering now if this is the case? Each withdrawal of Current Tax Year Subscriptions from this ISA account automatically…
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Am i just doubling my money?
Hello, I’m not sure how an isa works but my company offers a corporate ISA with a matched contribution. I currently do the maximum contribution for pension at 6% and they give 14%. However i have just noticed the ISA but have no idea how it works, i think they are matching 3%? Does that mean i can put 3% and just double my…
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Virgin ISA, where can I find it?
Hi there, I would so appreciate if someone could tell me where I can actually see, either on the website or app, the cash ISA I opened with Virgin Money. I find their website very confusing. I know a message came up somewhere about ISAs not always being automatically shown beside other accounts, so I followed the…
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Flexible ISA - withdrawing and adding back in
I have £63,000 in an Flexible ISA topped up over previous tax years. If I withdrew this for a property purchase, leaving in the minimum £1 to keep the ISA running, can I add the £63,000 back in before the end of the tax year when my current property sale completes? I have read numerous articles which mention the…
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Transfer and closure of ISA
I currently have an barclays instant cash ISA with £14,000. I want a fixed rate ISA with barclays instead. If I open a new fixed rate ISA with the minimum £1 and then transfer all the funds over, and close the instant cash ISA. Will this affect the tax free status on the 14,000, and will it contribute to the yearly £20,000…
