Utilising the annual ISA allowance - query

Moots2024

Could my wife and I transfer £20k of "unwrapped" savings funds currently in my name into an ISA solely in my wife's name and in so doing use up my wife's annual allowance? 

Hoenir

Yes you could. 

Dazed_and_C0nfused

Moots2024 said:

Could my wife and I transfer £20k of "unwrapped" savings funds currently in my name into an ISA solely in my wife's name and in so doing use up my wife's annual allowance? 

Possibly not no.

A transfer to her then into an ISA should be possible.

But don't forget it's then her money to spend as she sees fit.