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Another Transferring from Virgin to Trading 212 question!!
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Sunshine_and_Roses
Posts: 1,027 Forumite
My Virgin 1 year cash ISA 6 has matured today, and the interest of just over £1000 is showing as being added. I have already set up the Trading 212 Cash ISA ready for transfer, but on the transfer form it gives me the option for transferring Previous and Current tax year subscription.
Is the interest which has been paid today part of the previous year subscription, or the current year as it is paid today? I have only ticked 'transfer previous year subscription' but could do with clarification before I press send.
Thanks
Is the interest which has been paid today part of the previous year subscription, or the current year as it is paid today? I have only ticked 'transfer previous year subscription' but could do with clarification before I press send.
Thanks
0
Comments
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Interest is not subscription.
If you haven't paid any new money (from outside the ISA) in during this tax year then just ticking transfer previous year subscription makes sense.2
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