Help to buy ISA & Stock and shares ISA - HotUKDeals
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Help to buy ISA & Stock and shares ISA

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So I read this: "If you have paid into a cash ISA this tax year, in order to open a Help to Buy: ISA, you will have to transfer your active cash ISA to a Help to Buy: ISA. You can transfer up to £… Read More
SorJai Avatar
6m, 2w agoPosted 6 months, 2 weeks ago
So I read this:

"If you have paid into a cash ISA this tax year, in order to open a Help to Buy: ISA, you will have to transfer your active cash ISA to a Help to Buy: ISA. You can transfer up to £1,200 of your active cash ISA balance into your Help to Buy: ISA.

Anything more than this should be moved into either a stocks and shares ISA, an Innovative Finance ISA, or a non-ISA account. However, the total amount saved must not exceed the annual subscription limit for ISAs."

Does this mean that I can use my remaining allowance to "open" a stocks and shares ISA account? As long as I don't go over the limit of course..

Sorry if my understanding of this is crap!
SorJai Avatar
6m, 2w agoPosted 6 months, 2 weeks ago
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Best Answer
" Does this mean that I can use my remaining allowance to "open" a stocks and shares ISA account? As long as I don't go over the limit of course.."

Yes

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Responses/page:
#1
" Does this mean that I can use my remaining allowance to "open" a stocks and shares ISA account? As long as I don't go over the limit of course.."

Yes
#2
tallpete33
" Does this mean that I can use my remaining allowance to "open" a stocks and shares ISA account? As long as I don't go over the limit of course.."
Yes

Thanks!

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