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  • RE: Cash ISA account opening

    Hi, If I open a cash ISA account in this tax year (referred to as the first year) and invest 20,000 pounds, I will receive the interest on this Cash ISA account in the next tax year (referred to as the second year), and this cash ISA ends, At this time (this is the second year), if I transfer the cash from this cash ISA account to another new cash isa account, will it affect my allowance for putting money into the cash isa in the second year? Every year There is an allowance of 200,00 pounds that can be newly deposited into a cash ISA. Thank you
  • RE: Cash ISA account opening

    If I open a cash ISA account in this tax year (referred to as the first year) and invest 20,000 pounds, I will receive the interest on this Cash ISA account in the next tax year (referred to as the second year), and this cash ISA ends, At this time (this is the second year), if I transfer the cash from this cash ISA account to another new cash isa account, will it affect my allowance for putting money into the cash isa in the second year? Every year There is an allowance of 200,00 pounds that can be newly deposited into a cash ISA.