-
Stocks & Share ISA your shares are subject of Take Over and thus Forcibly Sold
With Stock & Share ISA I take it that dividends are paid
into that ISA, However If the shares you hold in your ISA say £20k worth are
subject to a forced sell (such as a company or more likely Utility has been
taken over). Would the money received for the shares be paid into the ISA
and would be treated as tax free? As it…
-
Is it possible to transfer a non Flexible ISA to a Flexible ISA?
Hi, is it possible to transfer a non flexible ISA into a flexible ISA? I want to put money into a fixed rate ISA for the next 12 months but then transfer it to a flexible ISA (possibly stocks and shares) once the fixed rate comes to an end. Thanks.
-
Upgrading Santander Fixed Rate Cash ISA
Received a letter that I could upgrade my cash ISA 28 days before maturity on the 1st Apr. If I do this will the interest of the previous year still be paid on maturity since I will have upgraded to a new product by then. Ironically, the new Fixed Rate Cash ISA has the same interest 4.15% as the previous years Fixed Rate…
-
Investment and Cost - Time to switch?
I currently have a LISA with AJBell that has £23k invested in VLS 80 and am currently paying around £4.70 per month in charges. I am going to add another £4k + £1k (off the govenment) next week, taking it to around £28k, which would take my monthly fees to around £5.80. I am considering switching to an ETF, such as the…
-
CASH ISAs
Hi I have invested the max £20,000 cash isa allowance for 2023/24. I have other ISAs from previous years that are maturing end of this month. I am right in thinking that I cannot reinvest this as a cash isa until the new year commences from 6th April so therefore I lose the ISA entitlement for this money? Thanks
-
Potential 'lost' funds
We have recently found two old Halifax passbooks, which showed balances, relating to ISA's, not written up since 2013. The Halifax advise that they were both closed in 2013 by transfer to what we glean to be, by sort code and bank account number, the Cheshire Building Society. Any advice on where I go from here to try to…
-
Is the Post Office my best ISA option?
This discussion was created from comments split from: Cash ISAs: The Best Currently Available List.
-
Has anyone tried to transfer out from moneybox?
This discussion was created from comments split from: Cash ISAs: The Best Currently Available List.
-
Partial ISA transfers and flexibility
Hope someone can help with this. I have a flexible Cash ISA with YBS containing only old money, no current year deposits. A few months ago I opened a new Cash ISA with another provider (starting with zero balance) and requested a partial transfer out from YBS of £500 which apparently completed successfully. As I understand…
-
Query on previous S&S isa contribution
Evening all, Been sat around with family today discussing savings which I thought I'd got my head around but they've got me doubting myself and Googling and reading a few things on here have me questioning myself :blush: If I have £20k in S&S for this year contributions I'm guessing (hopefully rightly), that after 6th…
-
Savings.
Hi My only income is £6000 a year from a company pension. Can someone tell me if interest earned from a savings account is included as part of my personal allowance please.Thanks in advance.
-
ISA TRANSFER TIMELINE
Hi Im transferring Santander ISA out as therir current offer is poor to Charter but why in this age of instant electronic money movements does it take 15 days? Tlyhe Santander Bot says its the government who stipulate this - is this true or just a get off my back you'll have to wait. I held on for an hour by phone to try…
-
Transfer SS ISA then add Funding
Hi all, I have a simple question if you could be clarify for me. Within the last month I have opened a new stocks & shares ISA and funded it using the 20k 2023/2024 allowance. I dont particularly like the platform though so come April 6th i intend to open a new stocks and shares ISA and transfer. I will be wanting to add…
-
Help Understanding ISA's
So I have never really had enough savings for an ISA and I understand the nature of them in terms of TAX benefits but I could do with a basic 101 to help my OH out. She has just received her NHS old scheme pension lump sum and is going to invest the vast majority of it as she isn't planning on full retirement quite yet.…
-
Buying a 2024 Cash ISA
Hello I've already used my allowance for a cash ISA bought in 2023. I'm looking to buy a cash ISA on 6 April 2024 when the tax year begins. Can I buy this now, or do I have to wait till April 6 2024? (Today is 31 March 2024). Will banks release new ISA products on 6 April? Thanks...
-
Wealthify £50 Cashback For Additional Junior ISA
I opened an ISA in March 2023 with Wealthify under the 'MSE £50 cashback' after a year offer. At the time, Weathify offered me an additional Junior ISA my child and confirmed that this would also attract a separate additional £50 bonus. I have 2 emails confirming each account will receive the £50. The £50 x 2 has not been…
-
ISA transfer deadline
I’m looking to open a Lifetime ISA for the current tax year. Ideally I would like to transfer in £4000 from an old cash ISA which has a poor interest rate and then use a separate £20000 for a new cash ISA. I read that it can take up to 15 working days for an ISA transfer to complete. Am I right in thinking that the money…
-
Cash ISA after the fixed period.
Hi, If I take out a cash ISA with, for example, a fix for a year. What happens to the rate of interest at the end of that period? Second question please, if I take out a cash ISA at a variable rate then how does the institution set that rate? Is it BoE plus or minus a percentage? Thanks.
-
Fixed rate 2 year Cash ISA
I was looking at a Fixed rate cash ISA for 2 years. I understand i can only put £20,000 in per tax year. So if i was to put the maximum allowance in each year would i get paid interest on the £40,000 & it remain tax free? Or would the interest only be paid for £20,000. I understand the first years interest would only be…
-
ISA interest paid into a current bank account..
Will I have to pay tax if I’ve received interest from other savings accounts and my ISA interest takes me above the £1000 interest allowance for this year? Thanks in advance for any help!
