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Paying HL ISA fees
I periodically top up my HL account with a few £ to cover the fees on my stocks & shares ISA, the money sits separately from the ISA and fees are paid from this.
However I’ve noticed that any amount I top up with comes off that years ISA allowance.
Is there a way to fund the fees without it affecting my allowance please?
Comments
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I have a GIA sitting alongside my S&S ISA and the dividends earned in that pay my fees. I make sure that those dividends are, themselves, free of tax by keeping them below £500 p.a.
#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3660 -
When I was with HL there was option, somewhere in deep in the menu, to pay the fees by Debit Card and that never went to my annual allowance.
Laterly, I had dividends automatically reinvested and the fees were taken from the cash balance where the dividends were held.2 -
You should select the appropriate setting to have ISA & LISA fees collected from the uninvested cash in your fund and shares account.
Portfolio overview | Account Settings | Fees | Fees Collection | Edit Options | Collect from outside account where possible.
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Thank you for this, I have just gone into my account and made the amendments so it now looks like this....
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