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Last post Wed, Apr 11 2012, 2:57 PM by TH1680. 2 replies.
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  •  Wed, Apr 11 2012, 2:57 PM

    Many thanks re. 1. and 2. The answer to 3. is as I feared!

    TH1680

    • Post Points: 5
  •  Wed, Apr 11 2012, 2:21 PM

    1. Yes. It is important that you use the word "transfer" though. A transfer is not the same as opening a new ISA for this year's contribution.

    2. Again, it will be a transfer of an old ISA rather than a new ISA so it will be allowed as long as you find a suitable ISA provider.

    3. If your records are good, it should be possible to calculate how much interest has been earned.

    • Post Points: 20
  •  Wed, Apr 11 2012, 10:10 AM

    1. Can one open an ISA purely for a 'transfer in', without making any other contribution, and in the same tax year open another ISA with a different provider to make a new contribution?

    2. If one has opened a new ISA in this tax year and then an old ISA with a fixed rate comes to term, can one open another new ISA into which those funds can be transferred?

    3. If one has an accumulation of ISAs that have been moved around different ISA managers, is there a way of finding out how much of the total is accumulated interest?
    • Post Points: 20