ISAs & tax-free savings

Hi, if I've already got £20k for last year's allowance but the govt reduces it to £4k this year, what will happen to the previous amount? Will it continue to be all tax free do you think? 🤔 Thanks CL

I'm new to transferring Cash ISAs but have a situation where Tembo (a Cash ISA account recommended by MSE) are not allowing me to cancel a Cash ISA transfer when I've been advise that they legally have to do it within 14 days. To explain: I have a Paragon Bank Cash ISA account that matures on 2nd April 2025 & was informed…

I hope this is the right board - please feel free to move it. I have 1 year cash in a current account and will also keep £20K back for 2025/26 cash ISA (open to other options). All the rest of my spending / expenses are in my fixed cash ISAs (4.5%) which will be ending from April 2025. I am thinking of whether there are…

Good evening. Tembo ISA I’ve searched this site, as well as Google, but can’t find an answer. I’m considering transferring my existing LISA to Tembo. I understand how it works in how they deposit your money with one or more different banking institutions. What I’ve seen mentioned on the internet is that, because of this,…

In July 24 I opened a Fixed Rate Isa with the Co-op Bank for £15k. In September 24 I tried to add £5k to it but the window for adding had passed. When I questioned this they told me to just open another one. So in Sept I opened another Fixed Rate Cash Isa with them for £5k being the rest of my allowance. They have now…

I have a Flexible ISA with Zopa, and I understand it means that if I withdraw some of my money, I can deposit it back into the same ISA without it reducing my annual allowance twice. I just wanted to clarify if that also applies to 'old' money. For example, say I currently have £500 in a flexible ISA. Next tax year I have…

Has anyone signed up for a post office ISA please? I'm in the process of creating an account but I am a bit put off by the URL postofficeeisa.co.uk, it is a link from the postoffice.co.uk site but the page looks really rudimentary, the logo does not have a hyper link and the address is clumsy. I want to avoid being scammed…

hello. I’ve just got off of a lengthy call with hmrc regarding my tax codes. Long story short, because my interest earned from my ISA’s is paid directly into my current account, they are not tax free & I have to change my tax code to repay the extra untaxed interest I’ve earned. I didn’t see an option as to where I can pay…

I have used my full ISA allowance for 2024/25 and want to open a new fixed rate Cash ISA early in 2025/26. Providers are currently making upward tweaks to their rates to attract new funds, though these might fall once we move into the new tax year. My question is: it within ISA rules to open another Cash ISA on or before…

I have a cash ISA maturing shortly and wanted to transfer to S&S ISA. Any advice on best platform to use? Trading 212 I understand has no charges for buying shares but are there any advantages to going with someone like Hargreaves Lansdown?

with the new tax year around the corner i will be putting the full 20k straight into isa on 6th april now question is current rates 4.25% fixed with lloyds 12 months ive currently got a 20k in cash isa, would it be wise now going for s&s with the world as it is with trump losing the plot sticking tariffs on anyone and…

Apologies stupid questions! :) I have an inactive cash ISA (Halifax) that I've had for years and not used so it is currently inactive. The balance is next to nothing (3p) and the interest rate is currently very low. (1.10%). I am looking at paying my full allowance into a cash ISA before the end of the current tax year but…

I'm looking at opening a cash ISA before the end of the tax year 2024/25. It pays around 4.5% but the advice says it actually pays around 1.5% with a 3% bonus for the first year. So the advice says it will have to be moved after a year. My question is, I know I can put £20k into the cash ISA. And £20k into another ISA next…

For the Post Office Online Cash ISA, what is the login procedure? Is it one step or multi-step?

Can anyone confirm if you transfer 2 different ISA's into 1 new Fixed ISA with Santander will you get 2 £50 e-vouchers. I have read from previous years where people have gotten 2 e-vouchers for transferring into 2 different ISA's but not if into the same ISA. I know I could open 2 Fixed ISA's but was trying to slim down…

I am rebalancing my financial portfolio and I was going to use another IFA but there is no guarantee they will beat the index tracker, and hence this post. My portfolio: - 29 funds S&S ISA (looking to switch all to passive funds) - 9 funds work pension (stopped contributions) both S&S and Pension were selected by my ex IFA…

I transferred in to a Moneybox Cash ISA last year and have been using as much of my allowance as possible. As the interest rate has been dropping and the bonus rate will disappear, I'm looking to move it to Trading 212's Cash ISA. Presumably I can initiate this switch now and don't have to wait until the new tax year? I…

I'm looking around for transfer options on maturity at the end of the month; I have two questions I hope people might have opinions on: 1. My sort code for my Virgin ISA starts with 05. I know that some people have had issues when trying to transfer Virgin accounts elsewhere, owing to historical sort codes (From someone…

I have an old NS&I cash ISA, which I want to transfer into my new Kent Reliance ISA. KR acknowledged the transfer request, which was over a month ago now. I've just had another letter from KR, saying that they still have not received a response from NS&I. They say they will continue to persevere until they complete the…

I'm currently abroad for work. I've not spent much time in the UK since Nov 2023, just a week here and there. According to my HR department, I'm a UK worker who is posted abroad on a temporary contract, and a UK resident for tax purposes. Can I pay into my lifetime ISA?