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Don't quite max out your ISA?
I'm regretting maxing out my ISA allowance this year with a non-flexible account because it's preventing me opening and funding better deals which have become available. In future I'm planning to leave a few £ spare so I can open better accounts then add more funds when the new financial year starts. Does this make sense?
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Funds what to do
I have around 30 funds in S&S ISA on the Aegon platform. I was going to start DIY, either by asking the new platform to sell my funds and transfer them out as CASH ISA (so to reduce the fund management fees while I think what I funds to invest in) or transfer all to the new platform then decide what to do. I think if I…
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ISA?
Right so I understand ISA allowance is 20k per person per year but what I don’t understand is about subsequent years. is isa 1 (say 2025) still tax free ongoing in subsequent years if you then have isa2 in 2026, and so on?
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Lifetime ISA questions
Hi I have a few questions regarding a L-ISA and if it is worth me taking one out. I’m 39 this year - further info below; Currently max out ISA Have significant savings in high interest easy access accounts - £200k Contribute via business I own into a pension I would use disposable income to pay into LISA - paid via…
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ISA Interest
This may of been asked before but I'm curious. I transferred £60,000 in to a new fixed rate ISA in March 2024 I then added my annual allowance of £20,000 on 10th April, This ISA will mature on 19th March, does the interest count towards my annual allowance as this will take me over the £20,000 limit or can I just leave it…
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S&S ISA transfer HL to Iweb - cash left behind
I filled in the transfer form on Iweb and as far as I can recall didn't select anything other than transfer everything, current year, previous years. Stupidly I didn't screenshot the form as I assumed it would be saved somewhere, but apparently that's not the case. So the transfer went through, but the cash balance remains…
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Can I simply withdraw from my Cash ISA and deposit the money into my Stocks & Shares ISA?
I have a Trading 212 cash ISA with £18,000. I also have a Vanguard stocks and shares ISA with £2,000. Both in the current tax year. They both style themselves as flexible ISAs. If I withdraw from one, the ISA allowances increases accordingly. I think I have too much in cash, as I don't need it for anything urgent. Any…
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Process of transferring from S&S ISA to cash ISA
As the title says, I am going to transfer my holdings from an S&S ISA to a cash one. I understand from the literature that this can take up to a month. My question is about whether I should convert my S&S into cash (within the ISA wrapper) first or whether this is best done at some later point in the process (with this…
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Junior ISA Rules Clarification needed.
Hi I have a junior ISA for my child with a company called Orbis since 2018. I haven't contributed to this JISA for a number. I want to open another JISA with a different provider (HL) this year for new contributions. Both are/will be S/S JISA's. Is this allowed? or would I need to transfer my JISA from Orbis to HL before…
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ISA advice - Money market funds.
Hi Forum, Having successfully transferred my Royal London ISA to Vanguard's FTSE Global All Cap (Accumulation) fund, I have about circa 200K in that fund now. However in 3 to 4 years time I will need to withdraw about £10,000 for a family matter. My question is, whether I should withdraw this amount from the All Cap at…
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Is there a way to find out if I have already taken out an ISA this tax year using my allowance
I appreciate this may sound like a daft question but I can't honestly remember if I took out an ISA this year or simply moved across previous years ISAs onto better rates with different providers. Is there any easy way of identifying whether I have used my allowance this year (maybe via national insurance number?). If not…
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Trading212 Cash ISA Transfer Out - My Experience
Hi All, After reading through many threads on the difficulty of transferring
out Cash ISAs from Trading212.com, I thought it would be good to share my
experience with you all. I have a Cash ISA account with Trading212, which consists
of contributions from the previous tax year (2023/24) and the current tax year…
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212 cash ISA
Hello, I’m looking to put £130,000 into the 212 cash ISA for 1-3 months while I wait for my house purchase to go through. Any concerns with this company or me doing this? I’ve never heard of them before and I feel clueless! And what does it mean about the £20k threshold which I will be exceeding?
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Upgrading ISA After Maturity
I have two cash ISAs with Santander. One was opened on 25/03/2023 in the 2022/23 tax year and the other on 12/04/2023 in the 2023/24 tax year. The first matured on 25/03/2024 (2023/24) and the second on 12/04/2024 (2024/25) when they both became ISA saver accounts on lower interest rates. On the 14/04/2024 (2024/25) I…
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Virgin flexible isa
I have just opened a flexible isa with virgin paying 4.51% I also have a chase savings account which has dropped to 3.25% Am I right in thinking I should be moving my savings to the isa . I'm 99% certain I should be but there's always a nagging doubt .
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Maturing ISAs
Looking for advice from those who have experience of ISAs maturing. In March 2024, I used my full allowance, and then the same from April 2024 in the next tax year. They both mature within a month of one another and the bank has offered me an option for the first one. I wonder what advice people have about this, as I'm…
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TRANSFER PART OF PREVIOUS YEARS ALLOWANCE AND YOU MAY LOSE THE FLEXIBILITY ON PART NOT TRANSFERRED.
I hadn't realised this and initiated a part transfer of a previous years allowance to a new provider. Seeing my allowance from previous years disappear of the amount I hadn't transferred I googled it while waiting a reply from my bank and found this. Yes, if you transfer part of your previous year's ISA to a new provider,…
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Lightening fast ISA transfer from HL to Trading 212
I thought I would share a recent ( positive ) experience. I have a Charter Bank fixed rate ISA maturing this month. Trading 212 have a reasonably competitive instant access cash isa product which I decided could be a stop gap home for the Charter bank product in due course. However, I had used up my £20k isa allowance…
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Does Transferring a Cash ISA count as starting a new ISA?
I opened Cash ISA (1) in March 2024 (23/24 Tax Year) and Cash ISA (2) in May 2024 (24/25 Tax Year). Both ISAs were opened with the maximum amount allowed. The interest rate of Cash ISA (1) has dropped significantly so I'd like to transfer the full amount (inc interest) to a new Cash ISA with a higher interest rate. I…
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S&S ISA, Property, Help to Buy
Hello all So my situation is this, I am 40 with a family 2 kids on is a baby and the other is 6 years old. My wife who looks after kids so isn't working. Single income of 90k including benefits. When i first came to the UK with my wife 10 years ago we didn't have much savings but have since been saving regularly whilst…
