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An ISA is a financial product available to residents in the United Kingdom. It is designed for the purpose of investment and savings with a favourable tax status.

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How closely tied are UK Stocks & Shares ISAs to the value of the Pound?

I have some savings in a Stocks & Shares ISA. Let's suppose that something is going to happen in the next six months which will cause the value of the Pound to plummet. Will I see the value of ...
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1answer
58 views

Help in understanding the limitations of new ISA opening/transfers

Apologies for a non-specific question - I found it impossible to express it within the 150 character limit. I have paid some money to my old Cash ISA this year already. I want to open a new one and ...
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36 views

Can I open a Help to Buy ISA, transferring a part of my existing Cash ISA, if I paid a small sum of money into that Cash ISA in this tax year?

I am aware that opening a new Help to Buy ISA is not possible when subscribing to another Cash ISA in the same cash year. On the other hand I've read that ISA transfers are not subject to this limit ...
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24 views

Is there any way to compare a tracker's interest with an average fixed rate?

I have been paying into a tax free index tracking account for a number of years, the amounts were only occasionally regular and varying in size. I haven't withdrawn anything. I have exported data ...
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1answer
215 views

Does it make sense to invest in multiple index funds?

The UK based investor here. I haven't found anything under "Multiple index funds" search criteria thus decided to give it a go, if there is already a similar question/answer would love to get a link. ...
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1answer
126 views

I make monthly payments into one ISA, does that mean that I can't pay into my other one in same year?

I was just reading that (in the UK) you can only pay into one of your owned ISAs per year. I have a Help To Buy ISA and a separate Stocks & Shares ISA. I pay the maximum contribution of £200 into ...
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91 views

Can I open a cash ISA and a stocks and shares ISA and invest in both in the same financial year?

I was wondering if that is possible because I am about to open a Cash ISA and I also want to invest in stocks this year.
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122 views

What is the preferred account in the UK, an ISA or a 0.35% AER standard savings account for a £1,500 monthly savings?

I am aware of the £1,000 Personal Savings Allowance, adding this to the equation confuses me even more. So which one would be more beneficial at the end of the year, consistently adding £1,500 every ...
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1answer
106 views

Transferring Help to Buy -> Lifetime ISA

I have been paying into a Help to Buy ISA for about 2 years. I recently realised that the Lifetime ISA is much better for my needs. I know that I have missed the deadline to transfer all my money ...
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1answer
69 views

LISA - Correct contributions so far?

I opened a LISA with a provider just before the end of the 17/18 tax year (27/03/2018) and deposited the maximum contribution (£4,000). Therefore I should receive the Government bonus of 25% at some ...
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142 views

Investing in stocks & shares ISA- when to make deposits?

To start with, let me say that I am very new to investing- have no prior experience of it... Last year, I opened a stocks & shares ISA for the first time (it is a Lifetime ISA), and my intention ...
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1answer
68 views

Is it possible to ISA wrap investments without having an account with a bank or broker?

I can't find anything on the internet about this. Is it possible to hold shares wrapped in an ISA without actually having a bank or brokers account? The reason I ask is because: I am paranoid ...
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111 views

Advantages of opening an ISA account one week before 5th April

Are there any advantages of opening an ISA account before 5th April if I don’t plan to deposit any significant amount before that day?
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87 views

Help to buy ISA to LISA transfer - too much

I have a Lifetime ISA which I paid £4000 into in this tax year. I also have a Help to Buy ISA which I have had since around April 2016 and have made the maximum contributions of £200 a month into with ...
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1answer
54 views

Can an Italian taxpayer living in the UK receive a NINo and open an ISA?

I live, work, and pay my taxes in the UK. My wife is: an Italian citizen living in the UK working remotely for an Italian company, and paying her taxes in Italy. Can she request a NINO and open an ...
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1answer
152 views

Should I swap out my HelpToBuy ISA for a Lifetime ISA?

The UK government has recently released a new type of ISA, the Lifetime ISA, to help first time buyers, such as myself. My goal is to save £100,000. My current savings are (all figures are rough): ...
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1answer
60 views

UK ISA once invested can it be spilt but kept in ISA state

In the UK ISAs are protected from tax, both income and capital gains, and they can be transferred between investments. During the current tax year (2017/8) investments are capped at 20k a year. A ...
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139 views

Should I wait for next year's ISA or invest now?

Suppose I have already maxed out my 2017 ISA, and I now have a further £20k that I would like to invest. The financial year will end in 4 months (April 2018), at which point my ISA will be open for a ...
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1answer
99 views

What happens to money in ISA after the tax year ends?

The Individual Savings Account scheme allows UK residents to save up to £20,000 tax-free each year in an ISA. The interest, income or capital gains from this account are tax-free. Suppose I have put £...
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2answers
161 views

HTB ISA/ Lifetime ISA - combining them to use for a house deposit

I opened a HTB ISA with Halifax (paying 3.5%), as soon as they became available in December 2015, and have been contributing the maximum amount since. I then opened a stocks & shares LISA (with ...
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47 views

Transfer of stocks and shares ISA as a Non-UK resident

I am a UK/German citizen currently living in Germany. When I left the UK for Germany I kept my stocks and shares ISA in case I should ever return to the UK. Whilst I know that I cannot add funds to ...
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1answer
194 views

Can I pay into a Stocks & Shares LISA as well as a regular S&S ISA?

I believe my confusion is to how a LISA is seen with regards to the law, compared to the other ISA types. For example, I know you can pay into both a Cash ISA and a S&S ISA up to a combined limit ...
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1answer
185 views

What problem is the Help To Buy ISA designed to solve?

The Help To Buy ISA can't be used for the initial deposit on a house (or rather the Government bonus, the Help To Buy ISA's raison d'etre can't be). Given that saving the initial deposit is the ...
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1answer
98 views

Transferring cash ISA to S&S LISA

I currently have a fixed cash ISA which matures tomorrow. I also have a stocks and shares (S&S) ISA and a cash help to buy ISA, both of which I have paid into this tax year. I'm thinking about ...
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61 views

Can I transfer money away from an ISA provider while still paying into their Help to Buy ISA each month?

I have a Help to Buy ISA and a regular Cash ISA with one provider, A, who treat both products as one ISA under one wrapper. I've got another older Cash ISA with provider B who over a better interest ...
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1answer
115 views

Can I max out my LISA with one payment before the end of the tax year?

I was just wondering whether it would be possible to max out my LISA contributions (£4000) just before the end of the tax year (or any other time before the end of the tax year)? Would I still get the ...
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1answer
236 views

Which is more advantageous: Lifetime ISA or SIPP?

I should preface that I am a self employed sole trader in my early twenties, and a basic rate taxpayer averaging somewhere between £28-32,000 per annum. The variation not only arises due to the nature ...
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1answer
117 views

Best ISA alternative [closed]

I currently save everything to a standard bank ISA... It gets terrible interest rates (<1.0%) so I am looking for an alternative to the usual bank provided ISA. Right now I don't have the time or ...
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1answer
67 views

Transfer to Cash ISA exceeding the annual limit

Does anyone know what happens if I try to transfer funds into my Cash ISA account and exceed the annual limit? Will the transfer bounce? Will the ISA interest be capped at the limit? Can't find a ...
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1answer
257 views

Lifetime ISA: What are the chances of a reputable Bank offering it?

Since the Lifetime ISA was announced I've been searching for a reputable bank that is going to be offering it out. It is a fantastic scheme and I would love to open an account. However, none of the ...
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413 views

Is it possible to trade in UK's investment ISA after moving abroad?

I am EU citizen and the resident in UK holding an investment ISA. I will be moving back to my home country this year and I was trying to find out whether I would still be able to trade in my ISA after ...
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198 views

Should I invest my money in an ISA or Government bonds? (Or any other suggestion)

I am a UK citizen who works in the IT industry, I have recently turned 21 and I live at home with my parents and have no real commitments or bills. I have saved up quite a sizable amount of money in ...
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140 views

Thinking about opening a Stocks & Shares ISA- is it best to invest a lump sum, or make smaller regular payments?

I have some cash on which I am not currently earning any interest, and with savings rates as low as they currently are, I am thinking about investing in the stock market to try and make the most of ...
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2answers
2k views

“Help To Buy ISA” - £200/month a hard limit?

I have recently moved back in with my parents with a view of saving £500-600 a month to put towards a deposit on a house. I am looking at getting a Help To Buy ISA through one of the UK banking ...
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1answer
60 views

Cost basis for imported shares formerly in an ISA

I recently became a resident of the US. I was formerly a resident of the UK. I transferred my stocks and shares from the UK to a US broker shortly after I moved. I understand that when selling these ...
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63 views

What can I do to remedy ISA cash/shares transfer latency?

I discovered recently that in the UK, money deposited in a cash ISA could be transferred to a stock ISA and vice versa. Of course the sum invested in cash + stock is constant (there is a yearly ...
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1answer
94 views

How does cash ISA & share ISA mix together

I am trying to understand the ISA concept in the UK. I think I understand cash and share ISA separately but I do not know how they mix together. Right now I have on a cash ISA 15K£+15K£ (Y-1+Y0). ...
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260 views

Easiest way to diversify savings

Finance has always been a bit of a black art beyond current and savings accounts, so I'm hoping this makes sense. In light of the possibility of Britain leaving the EU (that isn't the actual reason, ...
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191 views

How to minimise the risk of a reduction in purchase power in case of Brexit for money held in a bank account?

With the Brexit referendum looming, one of the foreseen consequences in case Britain leaves the EU is a diminished purchase power for the British Pound Sterling. What would be the best way to ...
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1answer
90 views

What happens in the 2nd period of an ISA? (UK)

I'm sorry if this is a duplicate, I tried to search for similar questions but I'm not sure what the correct terminology is! I've been curious about an ISA for some time now and it seems that they are ...
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1answer
96 views

help-to-buy ISA and additional cash ISA

I am researching the help-to-buy ISA scheme. The average variable rate is set on 2% for most banks, however some banks offer extra but they put a further condition on it that you cannot hold an ...
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1answer
84 views

Which first time Stocks and Shares ISA for UK, frequent trader UK markets? [closed]

I want to open a stocks and shares ISA. At present I have a sharedealing account with X-O (www.x-o.co.uk) and I’ve been making 1 or 2 deals per month. I’m approaching this as a long game and sticking ...
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162 views

Is there a trick with ISAs in the UK

I was looking on ISA faq on moneysavingexpert and I noticed the following: I do not understand the trick, say I put GBP100 on a 3% account and that ISA pays 1%. Can I NOT pay tax on the GBP3 I made ...
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376 views

When should one use the new lifetime ISA in place of investing in pension?

Assuming that I am not interested in purchasing a flat using lifetime ISA, is it ever advantageous for me to put money into it in place of a pension? Since lifetime ISA gives 25% tax relief on ...
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1answer
129 views

Is there an accepted standard for how US tax system treat UK ISAs for expats?

For US citizens living in the UK, the US tax system treats UK pension contribution and withdrawals pretty much like the UK does. Tax-free contributions, taxes due on withdrawals. Just like a ...
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229 views

Suggested ways to save for a comfortable retirment in the UK given the lifetime allowance limits on pensions?

I've heard the rumor that this March's UK Budget will lower the Lifetime Allowance (LTA) from £1M to £800k or even less. They might index this for inflation. That seems to me to be a pretty low ...
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180 views

Can I open a Help To Buy ISA if I've already opened a cash ISA this year? Are all HTB ISAs Cash ISAs?

Suppose I've opened a cash ISA this tax year, and I top it up every month. It's not yet reached the yearly maximum of £15,240. As I understand it, I can't open a second cash ISA this tax year, but I ...
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Help to buy ISA (UK) eligability [duplicate]

We are currently saving for a mortgage deposit, I have already sent off my help to buy application as a first time buyer. We are unsure as to whether my girlfriend is eligable. She previously had a ...
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1answer
323 views

Saving into 'Help to buy ISA(s)' with partner

My partner and I are planning to buy our first house in the next 2-3 years. This month the UK Government has opened up help to buy ISAs which give a 25% bonus on top of what you deposit in up to a ...
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1answer
820 views

Buying shares- Stocks & Shares ISA, or Fund & Share account?

While researching where to invest some capital (currently in fixed term savings, but will mature soon), someone I spoke to at my bank mentioned that given how low interest rates are on savings at the ...