ISA allowance - transfer rules

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  • Vortigern
    Vortigern Posts: 3,249 Forumite
    First Anniversary Photogenic Name Dropper First Post
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    badger09 wrote: »
    But not IWEB. Though you might not describe them as a major platform:cool:
    I deliberately omitted iWeb because I know they don't offer the LT fund. There are many other providers but I don't know them well enough to suggest that they might suit the OP.
  • Reed_Richards
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    Instead of calling it a gift, what if it's called a loan?
    If it's not your own money I don't think you are allowed to invest it in an ISA. And if you make somebody a loan and the loan is paid-back with more money on top ("interest") then I think that interest is taxable as income
    Reed
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