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  • RE: ISA Transfers and new ISAs

    I would like to let you know that 1. HSBC Bank :---- Have opened one ISA account in HSBC ( LOY_ISA_Adv) ( In OCT 2023) and deposited 20000.00 GBP and withdraw only 5000.00 GBP in March 2024 . 2. NatWest Bank :--I opened one more Cash ISA in NatWest in March 2023 and deposited 20000.00 GBP 3. Halifax Bank :- Have opened one more ISA account ( March 2024) and deposited 20000.00 GBP and withdraw all amount in one day in Halifax . Here my question is can I have any tax issues or penalties from HMRC as I have two ISA accounts with 20000.00 GBP amount in each account ? (NI Number removed by admin) Requesting for your kind advice Thank you in advance.
  • RE: Cash Isa Transfer

    I opened three ISA's in three different banks and deposited money 20000.00 GBP in two banks ( Two ISA accounts) is there any problem and do I need to pay more tax ? Other bank ISA account I opened and I deposited 20000.00 and with drawn 20000.00 GBP on the same day is there any problem ?
  • RE: Accidentally paid in more than £20,000 in one tax year to 2 cash ISAs

    Have opened three ISA accounts. HSBC opened in Oct 2023 - Have 15000 GBP Halifax opened in March 2024 - Deposited and with draw all in two days. NatWest opened in March 2023 - Have opened and deposited 20000. GBP until now.