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Convert Cash to Share ISA
RubyBish
Posts: 145 Forumite
I understand from this tax year (08/09) it is possible to convert exisitng cash isas into share isas.
I only have one cash isa from 2003. In that year I also had a mini share isa.
What are the details of the new rules?
Do I have to transfer the cash isa to the fund supermarket that I have my mini with or can I use a different provider?
I only have one cash isa from 2003. In that year I also had a mini share isa.
What are the details of the new rules?
Do I have to transfer the cash isa to the fund supermarket that I have my mini with or can I use a different provider?
0
Comments
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What are the details of the new rules?
If you want the total ins and outs the HMRC website will give that to you. Or you can just stick to the basic which you appear to already know. Yes you can transfer cash ISAs to stocks and share ISAs
You can transfer to whom you like. Obviously it makes sense to use a fund supermarket nowadays.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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