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Posted Wed, 15 Nov 2023 08:22:51 GMT by MeJustMe
This year, I transferred an old ISA to a new provider. I have not deposited any new money to this new account. Prior to this, and in the same tax year, I opened a new ISA and deposited new money. All accounts are cash ISAs. I know that must not subscribe to more than one cash ISA in the same year and have not done so. Have I broken any rules by transferring an old ISA into a new account even though I'd already opened and subscribed to a different account? If so, what happens?
Posted Fri, 17 Nov 2023 08:46:53 GMT by HMRC Admin 25
Hi MeJustMe,
It depends on whether you have transferred it yourself or if you have asked for the bank to do it.
If yourself, this would be seen as a new deposit and would therefore be seen as paying into 2 ISA.
See guidance ahere:
Individual Savings Accounts (ISAs)
Thank you. 

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