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ISA from previous tax year, automatic sub?
heloid
Posts: 472 Forumite
Hi guys, quick question.
Opened an ISA last tax year and still have an amount in it. The bonus interest lasts until around September.
Since April I've put in about £1200 in to the same account.
Does this mean I've automatically got a subscription to an ISA this tax year? Is it going to stop me from transferring to another ISA provider when the bonus interest runs out in September?
Cheers
Opened an ISA last tax year and still have an amount in it. The bonus interest lasts until around September.
Since April I've put in about £1200 in to the same account.
Does this mean I've automatically got a subscription to an ISA this tax year? Is it going to stop me from transferring to another ISA provider when the bonus interest runs out in September?
Cheers
0
Comments
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Does this mean I've automatically got a subscription to an ISA this tax year?
You have answered that yourself: "Since April I've put in about £1200 in to the same account." - so assuming that was 6th April onwards, you have.Is it going to stop me from transferring to another ISA provider when the bonus interest runs out in September?
No.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 -
Cheers. Just saw that if I transfer the whole amount from this years ISA sub I can move elsewhere (just not part of it).0
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