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  • FIRST POST
    • buyhighselllow
    • By buyhighselllow 16th May 18, 6:06 PM
    • 91Posts
    • 46Thanks
    buyhighselllow
    IFISA transfer questions
    • #1
    • 16th May 18, 6:06 PM
    IFISA transfer questions 16th May 18 at 6:06 PM
    Hi
    Couple of questions for clarifaction

    Can I transfer 15K from a 17/18 IFISA to a stocks and shares ISA with whom I have a 18/19 ISA and have make 10K contributions already this year ( but non the proceeding year 17/18 ) ?


    Can I make 10K contributions to a 18/19 IFISA and then transfer 10k later this year to a S&S ISA provider with whom I have already made 10K contributions in 18/19? If so do I do this as a transfer or can I just withdraw 10K from the IFISA and then add it to the S&S ISA ?

    Cheers
    Over 2K made from bank switches and P2P incentives since 2016
Page 1
    • eskbanker
    • By eskbanker 16th May 18, 7:05 PM
    • 7,168 Posts
    • 7,618 Thanks
    eskbanker
    • #2
    • 16th May 18, 7:05 PM
    • #2
    • 16th May 18, 7:05 PM
    You can transfer anything from one ISA to another subject to:
    • Arranging this via the receiving provider
    • The recipient accepting inbound transfers
    • The sending party allowing partial transfers
    • All current year contributions (per ISA type) being kept together
    • (other specific rules apply only to Lifetime and Help to Buy ISAs)
    so provided these conditions are met then answers to the first two questions are yes.

    For the last question, it would need to be done as a transfer as you wouldn't have any residual 2018/19 allowance left if you'd already paid 10K into each of a IFISA and a S&S ISA.
    • masonic
    • By masonic 16th May 18, 9:05 PM
    • 9,270 Posts
    • 6,405 Thanks
    masonic
    • #3
    • 16th May 18, 9:05 PM
    • #3
    • 16th May 18, 9:05 PM
    Do both providers allow partial transfers?

    Does your IFISA allow flexible withdrawals?
    • buyhighselllow
    • By buyhighselllow 16th May 18, 10:57 PM
    • 91 Posts
    • 46 Thanks
    buyhighselllow
    • #4
    • 16th May 18, 10:57 PM
    • #4
    • 16th May 18, 10:57 PM
    Do both providers allow partial transfers?

    Does your IFISA allow flexible withdrawals?
    Originally posted by masonic
    Will check these out thanks
    Over 2K made from bank switches and P2P incentives since 2016
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