Moving to Cash within Peps & ISAs
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
3 replies 709 views
I know there is a facility to temporarily hold a new ISA investment in cash while you decid which fund/s you want to invest in (subject to certain tax being paid of any interest gained) but can anybody please tell me whether there is anything specific in the Revenue's rules which says you cannot convert an existing PEP or ISA holding into cash and still hold it within the tax-free wrapper for an indefinite period of time, before moving back into shares or unit trusts again.
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