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ISAs & tax-free savings

Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.

Do withholding taxes apply to ETF's such as VUSA?
I've had some shares previously in an american company and became aware of a 15% withholding tax. Now I have some VUSA etf shares inside an ISA, does the 15% withholding tax still get deducted before dividends are paid? and does that change if it's inside an ISA or outside in a general account? Thanks
Plum ISA at 5.17%
The best ISA on the MME website page at the moment is Plum at 5.17%. However I'm wondering if this is really a good idea - looking into the description on the web site, the actual ongoing rate you get paid is 4.29%. Then there is a bonus of 0.88% that you get paid after one year. However, it says that the interest rates…
Plum...Is it just me ?
Eventually got round to setting up a cash ISA as I realised I was going to end up paying a fair bit of tax on one of my savings accounts which was bringing in over £100 a month in interest. Plum seemed the obvious choice but I just can't believe what a guddle it turned out to be. You have to link a current account etc…
Combining ISAs
Hi all, I'm after a little advice. I've currently got a few fixed term ISAs that are due to mature over the next 18 months and I'd like to combine them into one to make management easier. Am I correct in thinking that the way to do this is to sign up for an easy access ISA for this year's allocation then as and when they…
Plum Interest rate
Hi im wondering if anyone has had experience with Plum and transfering an exsisting Isa ? Ive just had my exsisting ISA from Santander to Plum made today £20000 , apparently with plum the rate from exsisting isas that are transfered in goes down to 4.29 % from the 5.17% Im just trying to figure out if i was to then add new…
Help to Buy ISA maximum property value
Hi everyone, Me and my partner are looking to buy a house outside of London, in the South east of England, this year. I have been saving up in a Help to buy ISA for a few years now in the hopes to claim the government bonus on this to use towards the deposit, however it is only recently that I discovered you can only claim…
Newcastle Single Access ISA - 5%
Is it any good ? Wife fancies opening an account. I notice that the application form doesn't allow one to both transfer in and add new money......it's one or the other, can't tick both boxes. Seems rather strange. I guess they are only structured to do one thing at a time !
Can you invest own 2 ISA's while transfer is being completed?
Good morning. I am with AJ Bell and have already used up over half of my ISA allowance for this year but wish to transfer my holding to Hargreaves Lansdown in order to invest in a company that is not available on AJ Bell. I was wondering once I start the ISA transfer could I invest in this new company with Hargreaves…
Flexi cash to S&S Isa
Looking for advice on whether this is possible. I have £20k to invest now in this years ISA and was going to invest a lump sum now. Over the rest of the tax year I want to use this ISA to drip feed into a S&S ISA. Is this possible? From what I’ve explored it looks like most cash Isas need a linked account and that is the…
Isa’s gone over the fscs limit…can i split it on reinvestment
Good evening I have had isas over years and years. A few years ago i transferred them into one isa that was paying a good rate.. The only issue is its coming up for maturity but is over the fscs limit. I would like to transfer it again into another isa, but dont want to be over the fscs limit. Would i be able to split it…
Can you have multiple ISAs with Shawbrook?
As title, I can't see anything in their terms that says no. Reason I ask is that I was just wondering - since the ISA rules about how many you can open per year have changed - and how Shawbrook seem to allow deposits through out the term, theoretically could you open say 3 year and 5 year fixes with the minimum deposits…
Newbie seeks ISA advice
Please forgive me if this question is a bit dumb. I hope someone here can explain the basics. I have 2 Cash ISAs maturing on 31 May, both with Coventry BS. One is an Active Loyalty Fixed Isa and the other is just a Fixed ISA. Both amount to £37k in total. The nice lady on the phone told me that I could reinvest in the…
Looking for Non Fixed Cash ISA
Must have at least 4.5 % interest Paying annual or Monthly Interest If Monthly ideally I'd like to take out the interest to top up my monthly spending commitments I will be funding it with this year's ISA Funds less £500 already used on a Fixed Cash ISA
"Full transfers out for current tax year, partial for previous tax years" meaning
Looking at Plum's cash ISA T&Cs, it says: "Only full transfers-out for the current tax year are accepted. Partial transfers-out are accepted for previous tax years." What exactly does that mean? Say I open up that ISA now and put in £5k, I assume it means that if I want to transfer some out later this tax year I have to…
S&S ISA
I have stocks and shares isa with Virgin which is a footsie 100 tracker it is obviously doing very well at the moment my concern is when the footsie starts to go down so will my shares value my wife and myself are in our 70s I wonder if I should transfer to a cash isa either fixed or easy access at least that way I will…
Allowance rules
I have £20000 in a fixed rate ISA that ends in July 2024. If the rate drops dramatically and I want to move that to a new ISA, I presume that is my £20000 allowance for the year 2024 or does it not count as its ISA to ISA - and I therefore have another potential £20000 allowance??
ISA compound interest
I am about to open my first ever ISA.-for a fixed 5 year term. I’ve completed the online form with UBL as theirs was the highest interest. However I noticed in the bumpf it stated the ISA does not compound interest. Is this normal for ISAs -or are there some that do? Also the account opening is still pending -no funds…
New ISA rules
So i put £17750 into a Paragon 5 year fixed cash ISA last month, so i have £2250 of this years allowance left. Can i put that anywhere or must it go in another Paragon account?
How do Flexible (Easy Access) ISA's work with the New Rules (24/25) ?
I appreciate that Easy Access Flexible ISA's have previously given you the opportunity to: * Add in cash (into Easy Access Flexible) up to the ISA limit (£20k) * Take it all out again * Add back in (same account) within the same Tax Year (up to £20k) My question is, now that you can subscribe to multiple cash ISA's in the…
Old child trust funds: reinvesting and sharing
Hi have 3 children aged 16 14 and 9. The older two have child trust funds which I’m in the process of locating. The younger one missed out as she was born too late. I’m trying to come up with ways to make this fair and equal for all of them and wondered about dividing the total amount across both trust funds by 3 then…

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