Last years ISA and opening a new one this year

SteveSilva

I have around £9000 in an ISA which has built over a a few years. This year I intend to open a new Stocks and Shares ISA. Now does that mean I can invest up to £10680 on this new ISA and leave the previous years ISA as it is and earn tax free interest on them both???

Lokolo

Assuming you haven't deposited into the Cash ISA since April 6th, yes.

SteveSilva

But could I tranfser last years ISA to one paying higher interest thhis year, and still have the stocks and shares ISA for this year?

dzug1

yes you could