-
What is the interest on matured ISA’s
Hello, I have a question around matured ISA’s. I understand that you can put £20,000 in an ISA each year and that you can transfer matured ISA’s into one place. Is it just the first £20,000 that earns the interest and / or does the matured ISA’s earn interest as well? e.g. 2023 / 2024 £20,000 (matured) 2024 / 2025 £20,000…
-
Lisa transfer question
Hi, my moneybox 12 month bonus rate will end in augest. Can I carry on paying into it up until then and then transfer it to a new provider to get a better rate in Sam tax year. Worried about the rule that you can only pay into 1 Lisa each tax year. Thanks
-
Lifetime ISA withdrawal when non-resident over 60
As I understand, if I hold a LISA and cease to be a UK resident, I cannot continue to add to it, but can leave it where it is. If I leave it where it is until I am 60 and then withdraw, are there any penalties on the UK side? For example, if one were a tax resident in a country with no CGT at the time of withdrawing (and…
-
Website with calculator for different etf weighted region
Is there any website that calculate different etf region weight. For example 25% vusa 70% vwrp 5% vuke So how much % in us, European, UK etc etc
-
Move ISA to a Better Rate
Hi, I finally started using an ISA this year and maxed it out. Now there is a better rate in another provider (Plum). Can I move my money to the new provider and will it be ok tax wise, or do I have to keep the old one? Thanks, Andy
-
ISA Transfers by Cheque
I am in the process of doing a Cash ISA transfer from Principality Building Society to Virgin Money. I was advised that Principality had closed my old ISA account 3 days ago. When I checked with Virgin to see where the funds were, they advised that they are waiting for a cheque to arrive!! Wow - I googled this to see what…
-
Nottingham BS RS Cash ISA 5%
Not seen this elsewhere so could be an option. Upto £1500 a month, no transfers in. https://www.thenottingham.com/savings/products/starter-isa-issue-12
-
Monthly ISA saver
Hello, Is there such a thing as an isa account that acts like a regular/monthly saver? Thanks
-
Transferring in
Why is it some banks etc won't allow transfers in?
-
Interest on ISA
Apologies if this comes across as a silly question but I've recently received an inheritance and would like to put £9000 into a junior ISA for each of my children. I understand this is the maximum I can put into a junior ISA. My question is regarding the interest: if this is paid into the junior ISA would this be…
-
Should I renew NS&I Index Linked for another 5 years? Seems such a long time.
I have a 5 year NS&I Index Linked a/c maturing shortly but I have worked out I will only be getting about £770 interest on my original investment sum. I've tried to work out the interest rate which to me looks like its 0.6%. That can't be right surely. Thanks for all your help. I had another look and found my original…
-
What to do with previous isa balance
Hi, I'm a little lost with what to do with last year's isa balance. I have £20k invested at Close Brothers which matures shortly and I have opened a new ISA at plum £20k. My question is what do I do with the previous isa balance? How does this stay in the tax free wrapper? Any help appreciated. Thank you.
-
Cash ISA question
I have £35k in a savings account paying 4.5%. I do not want to pay any tax on this and considering a cash ISA. Can i gather interest up to the £1000 limit and then transfer to an ISA at a point later in the year to avoid taxation on the interest? I have no current ISA.
-
ISA online app online companies like Plum
Hello MSE im a newbie. Asking question. Why are some ISAs (esp those with the best rates) only available as app on smart phones. ie Plum and not on a laptop/online which is so much easier to navigate, use and secure? If so how can i be reassured the apps on phones are secure?
-
£28 to withdrawal cash from a Help to Buy ISA
Hi everyone, Nat West are charging my husband £28 every time he makes a withdrawal from his Help to Buy ISA via a branch - it seems really steep. I've gone online to see if I can find withdrawal fees in their terms and conditions and I have yet to find this information. Is anyone else experiencing this and is this…
-
Post Office Online ISA - Payments In
I recently opened a Post Office Online ISA, and my initial £100 deposit is now showing in my account. As I understand it, I can only make payments into this account by debit card or cheque. My First Direct debit card limit appears to be £10,000 in any rolling 30-day period. Depending on other spending on my card, does this…
-
New ISA rules April 2024
HMRC has recently released more information regarding the new ISA rules to come into effect from April 6th 2024. Notably, it includes: 1.1 Increase the age for opening cash ISAs from 16 to 18 years old and over From 6 April 2024 it will not be possible for anyone aged 17 and under to subscribe to more than one…
-
ZOPA Smart ISA Newbie Query
Hi, I am new to ISA's and have done a lot of reading, landing on ZOPA for my first attempt at this! I currently have my money in an easy access savings which helps as I am not sure what's what at the mo while I fix up my house (trying not to touch it but just in case!). This savings account pays my interest monthly into my…
-
Virgin HTB at maximum bonus, should I stop paying in?
Hello, I took out a virgin HTB ISA a few years ago, paying the maximum of £200 in per month. I’ve now reached £12000 which gives me the maximum £3000 bonus from virgin to use on a first house. My question is, should I stop paying £200 into this account as it is ‘maxed out’? I’m looking to buy somewhere, but realistically…
-
Bed & ISA
I’ve got shares in 3x companies, two running at a loss and 1 doing well. Over all I’ve got approx £7500 in value which I’m only a few hundred quid in profit. The shares are at a loss are £4200 and 500, the gain is £5000. The question I have is do the losses negate any possible CGT on the gain? when moving shares of this…
