move funds from trading account to sipp, or wait until ISA allowance renewal date

jimmy2mac

Bogged down with choices from inheritance investments etc.

I inhearited funds and topped up my wife and my ISA. i still have £45k with HL in a trading account, £40k in savings between both our names.And  £20k in a AJ bell trading account, both have ISA accounts and I have a sipp, few 100k between my sipp and ISA.  and 1 rental income.  Question I am asking ,

Would I be better waiting to shift £40k into both ISA,s in April? Or move it or more  accross to my sipp just now?

Was also looking at gifting x amount to two grand children. Any ideas mutch appreciated

incus432

Derpends on whether you need money in your SIPP, your age, when you will want to take an income from it, etc?

LHW99

And how much "relevant income" you have in the case of adding to the SIPP.

I don't think rental income can be included in that, you need earned income (salary / self-employed profit from a business).