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Paying into an ISA from a joint account?
busy_dad
Posts: 67 Forumite
Hopefully a simple answer to this one..
My wife is setting up a Vanguard ISA and will be paying into this monthly. Can these monthly payments be made from our joint bank account or does it have to made from her sole bank account? Just slightly confused as understand you have to pay your own money into an ISA and therefore if it comes from the joint, then technically half is coming from me (even though I could simply transfer money into her account first - it just involves an extra step!).
Thanks
My wife is setting up a Vanguard ISA and will be paying into this monthly. Can these monthly payments be made from our joint bank account or does it have to made from her sole bank account? Just slightly confused as understand you have to pay your own money into an ISA and therefore if it comes from the joint, then technically half is coming from me (even though I could simply transfer money into her account first - it just involves an extra step!).
Thanks
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Comments
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Your wife can pay the money from the joint account.0
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Wonderful, thanks both for your replies
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