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ISA Help?

Can anyone help? I have £3000 in a cash ISA with the Abbey that I have had for a couple of years. I have another £3000 that I would like to invest in a cash ISA before the tax year end coming. However I would like to open it with the TSB. Is this ok? Also can I transfer my ISA from the Abbey so it is all with the TSB.

Comments

  • tanith
    tanith Posts: 8,091 Forumite
    Part of the Furniture Combo Breaker
    I am almost certain the answer is YES to all your questions but someone more knowledgable than I will be along I am sure and give you a much fuller answer... :o
    #6 of the SKI-ers Club :j

    "All that is necessary for evil to triumph is for good men to do nothing" Edmund Burke
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    Yes you can fund a Lloyds Tsb one as you have not funded an ISA this tax year. You can also transfer your previous year's allowances from Abbey to lloyds - or just leave it as it is, but you can then not fund the Abbey's one next year
  • derrick
    derrick Posts: 7,424 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Yes you can fund a Lloyds Tsb one as you have not funded an ISA this tax year. You can also transfer your previous year's allowances from Abbey to lloyds - or just leave it as it is, but you can then not fund the Abbey's one next year

    Irrespective of what is done with the ISA values now, the OP can open an ISA with whoever they choose to after April 5th as it will be a new tax year.
    Don`t steal - the Government doesn`t like the competition


  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    yes i know that derrick

    but some people sometimes think that they can also go bacvk and fund the other one they have

    you can open one now , and next year - just dont fund each one
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