ISA contributions timelines 16 January at 12:13PM in ISAs & tax-free savings 2 replies 126 views

tw1995

Hey, does anyone know if ISA contributions stop being treated as ISA balances after a period of time? Wether since deposit or since engagement… I expect the answer to be no but no clue if there’s confirmation in the market! Referring to investment stocks and shares ISAs rather than generic cash saving isas. 

Thanks a bunch

eskbanker

Once money is in an ISA it stays there, with its tax-free status, until you withdraw it....

TiVo_Lad

...or Mr Hunt decides to strip them of their tax free status. With three quarters of a trillion pounds saved in ISAs that's a lot of forgiven tax on the interest earned.