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ISA Allowance Question
pjbltd
Posts: 214 Forumite
Hi guys
This year so far I have invested:
3600 into a Cash ISA with my bank;
1200 into a S&S ISA with H-L
With the remaining 2400 that I am allowed to invest in non cash investments, do I have to put this into my S&S ISA with H-L or can I open a new ISA elsewhere?
Many thanks
pjbltd
This year so far I have invested:
3600 into a Cash ISA with my bank;
1200 into a S&S ISA with H-L
With the remaining 2400 that I am allowed to invest in non cash investments, do I have to put this into my S&S ISA with H-L or can I open a new ISA elsewhere?
Many thanks
pjbltd
0
Comments
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You have to put it with HL (assuming you mean tax year)I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Yes I mean tax year. Thanks Dunstonh, what if I now transfer the H&L ISA to another provider?
My employer has a very good ISA provider I want to open an account with.0 -
Non cash investment ISA can be opened but no money deposited until you transfer youor old one accross, althought I am yet to see the point in this as charges will be put forward I should think.0
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Yes I mean tax year. Thanks Dunstonh, what if I now transfer the H&L ISA to another provider?
You can do that if you wish and then add to it.My employer has a very good ISA provider I want to open an account with.
Who is the provider?
Remember it's the investments within the ISA and not the provider that's important. H&L are regarded as the best provider for DIY fund investing as they are usually the cheapest.0
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