ISA product FAQs
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Updated 27th August 2022 Guaranteed Non-Variable rates Fixed rate Cash ISA accounts offer a guaranteed return over the lifespan of the investment. Unlike most instant/early access Cash ISA’s, whose interest rate is subject to change, dependant upon market conditions and […]
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All you need to know about transferring your ISA account to a new ISA manager.
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Death of an ISA investor A normal ISA accounts becomes Continuing ISA accounts upon the death of the holder of that ISA account. For a more detailed guide to ISA account death and APS (additional permitted subscriptions) procedures click here. […]
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What is the future of the LISA account? Since its introduction, in April 2017, it has proved popular with neither investors nor providers of ISA products. HMRC’s statistics for tax year 17/18, the first year the LISA has been available […]
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All you need to know about what are Innovative ISA accounts.
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What is the Help to Buy ISA ? The help to buy ISA was introduced on December 1st 2005 and will end on November 30th 2019. No new accounts can be opened after this date. For accounts opened before this […]
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How much interest can you earn tax free ? For basic rate tax payers this figure is currently £ 1,000.00 interest per year, e.g., interest earned on bank and buildings society accounts. For higher rate taxpayers this figure is reduced […]
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ISA allowance 19/20 For tax year 19/20, April 6th 2019 to April 5th 2020, the allowance which can be utilised across all ISA products (Stocks and Shares ISA, Cash ISA Innovative ISA and LISA) is £ 20,000.00. This remains unchanged […]
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What is an APS allowance? When an ISA account holder dies, their spouse or civil partner can subscribe the value of the deceased’s ISA account into their own ISA account, including opening a new ISA account for this purpose. This […]
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