We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Quick ISA question
vitamin_joe
Posts: 652 Forumite
I opened an ISA last year with Fidelity. Recently I sold the funds I was holding, and left them on that platform as cash. If I buy new funds on the Fidelity platform, is this a continuation of the previous ISA, or is it counted as beginning a new one? At some point in this year, I was considering opening an ISA elsewhere, as there's a particular fund I'm interested in. I'm wondering if reinvesting my funds at Fidelity would bar me from that. Thankyou
0
Comments
-
Buying and selling investments within a S&S ISA does not constitute subscribing to the ISA in the current tax year, only paying new money into the ISA does.
1 -
Great stuff, thankyou0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards