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Posted Fri, 12 Jul 2024 17:10:49 GMT by John Tsang
Hello, My wife opened a Stocks and Shares ISA account a number of years ago and put an amount in cash within the account and never managed to make any investments. She is now in a position to do so and was wondering if she switches the cash into funds this tax years within the same account, would it affect her other Stocks and Shares ISA opened with another provider for this tax year? Thanks, 

Name removed admin .
Posted Mon, 15 Jul 2024 13:39:47 GMT by HMRC Admin 17 Response

Hi ,
 
Provided they remain in the same ISA, there would be no implication. 

If they are removed and placed in a different ISA, then they will be considered part of this years £20000 threshold.


Thank you .

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