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S&S ISA - is this ok?
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brick
Posts: 160 Forumite
If I open a low-charge self-select S&S ISA in this 14/15 FY (SS-ISA-2) purely in order to transfer in content of an old high-charge self-select S&S ISA from years past (SS-ISA-1), do I remain free to invest new 14/15 cash into another S&S ISA (SS-ISA-3) during remainder of 14/15?
I would be investing no new 14/15 money into SS-ISA-2; only new 14/15 money into SS-ISA-3.
SS-ISA-2 and SS-ISA-3 with different providers.
(I know I could do similar if I was talking about cash ISAs, but I'm less familiar with rules governing S&S ISAs.)
I would be investing no new 14/15 money into SS-ISA-2; only new 14/15 money into SS-ISA-3.
SS-ISA-2 and SS-ISA-3 with different providers.
(I know I could do similar if I was talking about cash ISAs, but I'm less familiar with rules governing S&S ISAs.)
0
Comments
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Yes. Same rules for S&S ISA transfers as for cash ISAs
(with one slight exception, which will disappear on July 1 - - you can't currently transfer S&S to cash but you don't want to do that anyway, so irrelevant).0 -
Archi_Bald wrote: »Yes. Same rules for S&S ISA transfers as for cash ISAs
Thanks for the confirmation.0
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