ISA tranfers

I currently subscribe a Stocks and Share ISA for this tax year 23/24 Can I liquidate some of these holding and transfer the money into a cash ISA, keeping the tax free protection. If so, is there a limit. Thanks

Hi,

There are 4 different types of ISA. You can put money into one of each kind of ISA each tax year, but the maximum you can save in total is £20000 per year and a maximum of £4000 into a lifetime ISA in a tax year.  You can see guidance here on how to transfer your ISA here:

Individual Savings Accounts (ISAs)

Thank you.

Thanks for your reply, however a little more clarity please. If for example, I have already saved £20,000 into my Stocks and shares ISA for this tax year and the portfolio value of this ISA is £100,000, could I transfer some or all of the £100,000 from the stocks & shares ISA into a new cash ISA later in the same tax year without loosing the tax free benefits of that money.

Hi,

No, as you have already input the £20,000 maximum allowed.

Thank you