My dad has recently started selling on ebay to fund one of his hobbies. He expects to sell a few hundred quids worth of stuff over a period of say 6 months with a view to using the money when it is a sizeable amount.
I was thinking surely the best way to manage his money would be to withdraw it from Paypal as he goes and invest it to an online ISA due to the tax free interest benefits.
Does anybody have any experience of this? Is it quite straight forward or does Paypal somehow c*** it up like they do everything else? Also any advice on which ISA to go for would be appreciated. He would need to be able to withdraw the funds after a week or thereabouts once he has notified the bank
Thanks in advance