LBS ISA Transfer Form - Help

hufc2002

Please can someone help me complete my LBS ISA Transfer form as this will be the first ISA I have transferred.

My aim is to transfer £2500 that I deposited into an ISA on 05/04/13.

Q1: Do you want to transfer all or part of this cash ISA? ALL (£2500)

Q2: Have you subscribed to this cash ISA in the current year? I opened this ISA on 05/04/13 so 2012/13 tax year and deposited £2500 at the time of opening. Haven't deposited anything since. Therefore is my answer NO?

Q3: If answer to Q2 = Yes, do you want to include subscription from the current year? What should my answer be here

Thanks in advance.

david78

Q1 = ALL (you can transfer part if you want to). Q2 NO is correct.

Q3 is only if you answer YES to Q2. When you transfer a current year cash ISA you can top it up to use up unused allowance. This doesn't apply in this case, so leave the question unanswered.

colinjd

I completed mine earlier today and had a read of this section a couple of times before fully understanding it (it's my first transfer as well).

You are correct.

You had £2500 in 2012/13 tax year so YES to transfer all, you have not subscribed to that one in this new tax year so your answer is NO to Q2 and therefore you don't need to bother with Q3.

Hope that helps.

hufc2002

Just want to protect myself in case I happen to have a windfall this tax year therefore I will still have my full 2013/14 ISA allowance.