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Posted Sun, 03 Dec 2023 02:18:42 GMT by
Earlier in the tax year I withdrew all the funds in my stocks and shares ISA which by default closed my Isa. I’d contributed around £600 this tax year before closing it. Am I able to open another this tax year or do I need to wait until April?
Posted Thu, 07 Dec 2023 06:57:36 GMT by HMRC Admin 25 Response
Hi mmmmmccccc,
If the stocks and shares ISA that was closed, had been opened in an earlier tax year, then you can open another in this tax year.
Contact your provider directly for more information about how to open an ISA with them.
Individual Savings Accounts (ISAs)
Thank you 
Posted Mon, 18 Mar 2024 12:34:52 GMT by Vince123 Prince
Hi , If I have 20k invested in 2023-24 tax year in 20 shares and some are making a profit,can I sell them and buy others in the same tax year. Does selling at profit and rebuying other shares count as the yearly allowance? Thanks
Posted Fri, 22 Mar 2024 11:48:43 GMT by HMRC Admin 25 Response
Hi Vince123 Prince,
Yes, you can buy and sell the shares in the ISA.
This will count towards your limit of £20k
Thank you. 

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