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LISA - criteria for withdrawal
My wife is looking to use her LISA to purchase her first home however she has a 25% share in a property partnership that was setup to buy a commercial property. We've since bought the flat above within the same partnership which we rent out but never lived in. We live together in our family home which is solely in my name.…
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Withdrawing all/most of Cash ISA
My husband and I each have Cash ISAs going back over the last few tax years. Due to a house purchase we will be withdrawing most/all of this, probably during the summer. I've called the provider, but managed to get cut off before all my questions could be answered. So I am asking on here: 1. When money is withdrawn, which…
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ISA over £85K
My ISA will go over £85k if I transfer to a new ISA in 25/26. My current provider doesn’t allow partial transfers. So is my best option to transfer to a provider who allows partial transfers, keep the account for a short period then within the same finance year 25/26 transfer out partial amounts to 2 different ISA…
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How to update HMRC estimate for tax on savings
Hello - My latest tax code for 24/25 shows too little tax due for interest on savings. If I update this through the Income Investment link on my HMRC account will this automatically update my tax code? Also the interest on savings amount for next year 26//27 is far too high so should I put in what I think it will be and…
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Withdrawing from ISA
I want to withdraw money from my cash ISA but the available amount for withdrawal is less than the total in the account. It looks like the difference is the total interest currently earned. Why can’t I withdraw the earned interest too?
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Stocks & Shares ISA Transfer Rules
Hi all After reading an article on MSE I’ve recently tried to transfer my Stocks & Shares to a cheaper platform. The new platform requested a cash transfer without my consent (as my funds weren’t supported) and my existing platform sold my funds without checking with me. Can they do this? And now both are saying it’s the…
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Halifax Help To Buy ISA / Lifetime ISA / Cash ISA
I have a long standing Halifax Help To Buy ISA currently at roughly £23,000 I set it up a long time ago and just had a £200 monthly standing order across to it, which I ended after June 2024 and now send £200 a month across to a T212 Cash ISA instead due to the much higher interest rate If I open a Lifetime ISA before the…
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Regular saver ISA tracking ftse100
Hi, I'm interested in investing in a stocks and shares ISA tracking the ftse100. Initially I would like to do this as a regular monthly amount with periodic additional payments as some of my other investments mature. Any advice from experience or alternate suggestions would be appreciated.
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Cash ISA query
I’m sorry if this is an obvious question but I’m confused despite reading the posts 😬 I’ve never been lucky enough to have savings, but have recently lost my mum and dad so have some money to put in to a cash ISA for my retirement. I have put 20k in one and know this is the tax free amount each year. Does this mean I can…
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How to transfer from ISA to ISA & LISA & withdraw cash
Hi My daughter is turning 18 and she has a junior cash ISA, on her birthday it is moving to another ISA with the same provider. The ISA rate on the new account is rubbish so need to move it. We want to move some to a cash LISA and some to a cash ISA and want to take a few hundred out in cash too, is this possible? Is a…
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Premium Bond ISA Strategy Tax Year 2024/5
Mrs Tet and I have not yet funded our ISA's this tax year. For context this year the tax year ends thus: Apr 1 - Tues 2 - Wed 3 - Thurs 4 - Fri 5 - Sat Assuming that our ISA providers accept debit cards, is it possible to give NS&I instructions to windraw cash and fund ISA's AFTER April's draw? Regards Tet PS AJ Bell have…
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ISA
My ISA savings over many years have now exceeded £85000. I want to withdraw some to start another ISA with a different bank. At 75 I'm very risk averse so don't want an investment ISA. I also prefer a well known bank even though the rate will be less than some of the newer ones. I understand some banks share the same…
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OLD ISA TRANFER TO NEW PROVIDER
Under ISA rules am I allowed to transfer old money to a new provider ( who accepts transfers in) having used my full isa allowance for the current year or am I supposed to open a new isa with the new provider of even £1 to be able to transfer the old money to them , which I cant do because I have used years full allowance…
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FLEXIBLE ISA'S and Moneyfacts
I find it strange given the popularity of flexible ISA;s that this is not an option offered in their Advanced Search. Instead you have to click on the details of each individual one to see whether it is flexible or not. Have I missed something?
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Interest on an Isa
I have interest on my isa accounts paid monthly into my current account. I only get interest on the first £5000 on my current account and have more than this in the account. I am liable for tax on the isa interest paid in monthly please ? Thankyou.
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T212 cash ISA interest going to 4.50% from 01-MAR-2025
Not per se surprising but still gutted, T212 follows the trend after the recent BoE rate drop. Cash ISA rate dropping to 4.50% from 01-MAR-2025; only spotted this today in the app/online, no email or other notification received yet. :(
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Anticipated fixed-term rates at start of new financial year?
I've exhausted my ISA allowance for 24/25 and now have some money waiting to go into a new 25/26 account once I can open it.What I'm wondering is what we might expected in terms of fixed-term rates come April 6, in just a few short weeks? Current returns are pretty good, but I wonder if that's driven by competition to…
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ISA tax year is coming up
I have used up £15k of my ISA this year. With the tax year end around the corner, is it worth putting £5k on my credit card to fill the remainder and pay off £1.5k for next 3-4 months? When I say put on credit card I mean putting my salary straight into the ISA for February and March then living off credit card. I love the…
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Savings Tax Query
Hi all, Last year, I had 3 ISAs with Nationwide. I wanted to transfer them into an ISA with another provider following their staggered expiry in October and November. I went into Nationwide and the person behind the counter said I needed to transfer them to my current account and then to my new ISA provider, which I did.…
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Zopa Smart ISA Bonus Interest Rate
I opened a Zopa Smart ISA in Feb 2024 which included a 0.50% bonus for 12 months. However my Zopa app is still showing the bonus rate despite me being well past the 1 year anniversary. I seem to recall talk of the 12 month period being extended. This was in March or April last year, and I have snippets of a Zopa chat…
