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Transfer money from stocks & shares ISA to cash ISA

tomcho538
Posted Sat, 24 Aug 2024 07:48:17 GMT by tomcho538
Now I have Cash ISA and Stocks & Shares ISA in trading212 but I have a question. Suppose I put 10000 pounds into Stocks & Shares ISA and put 0 pound into Cash ISA for 2024 to 2025 tax year. If the money in Stocks & Shares ISA increase to 30000 pounds because of investment gain, and then I transfer all of these 30000 pounds to the Cash ISA, will I be liable to pay any tax for the interest gained in Cash ISA? Thank you very much.
HMRC Admin 10 Response
Posted Tue, 03 Sep 2024 09:43:55 GMT by HMRC Admin 10 Response
Hi
Please see guidance at Individual Savings Accounts (ISAs)

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