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ISA rules
metrobus
Posts: 1,784 Forumite
Just a quick check , I know the yearly limit is £20K but is it OK to fund my iWeb platform stocks and shares ISA multiple times during the year to buy Vanguard Life Stratergy funds at separate times during the same financial year , or must it be one buying transaction during that financial year?
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Comments
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Multiple contributions is just fine.
Many people contribute each month towards their ISAs.I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.1 -
Yes - as you say, it's a 'yearly limit' - the total amount of new money you can put into it from outside an ISA during the year. Some people will do it in one big lump and others as and when they have the money available.metrobus said:Just a quick check , I know the yearly limit is £20K but is it OK to fund my iWeb platform stocks and shares ISA multiple times during the year to buy Vanguard Life Stratergy funds at separate times during the same financial year , or must it be one buying transaction during that financial year?1
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