ISA

We provide comprehensive guidance articles on various ISA topics, equipping you with the knowledge you need to make key decisions.

ISAs are a smart way to save, but with so many options available, it’s easy to feel overwhelmed. Whether you’re new to ISAs or just need a refresher, our helpful guides break down the essentials so you can make informed choices about your tax-free savings.

Most Searched ISA Topics

Are ISAs Subject to Inheritance Tax?
ISA funds form part of your estate when you die. Find out whether ISAs are subject to Inheritance Tax, and how a spouse can inherit the tax benefits.

How Many ISAs Can I Have?
You can open multiple ISAs, but only one of each type per tax year. Learn how many ISAs you can have, and how to manage them within your allowance.

Can I Put £20,000 in an ISA Every Year?
Yes, that’s the current ISA allowance. Discover whether you can put £20,000 in an ISA every year, and how to split it across different ISA types.

Is Trading 212 Cash ISA Safe?
Trading 212 doesn’t currently offer a cash ISA. Find out whether a Trading 212 cash ISA is safe, and how FSCS protection applies to ISA providers.

Does Transferring an ISA Count as Opening a New One?
No, transfers don’t count against your annual limit. Learn whether transferring an ISA counts as opening a new one, and how to do it properly.

How Much Can You Take Out of an ISA Tax-Free?
There’s no tax on withdrawals regardless of amount. Discover how much you can take out of an ISA tax-free, and when withdrawals affect your allowance.

Can You Have a Joint ISA?
No, ISAs are always held in one person’s name. Learn whether you can have a joint ISA, and what alternative savings accounts may be suitable for couples.

What Is a Flexible ISA?
These ISAs let you withdraw and replace money without affecting your limit. Find out what a flexible ISA is, and which providers offer them.

When Does ISA Allowance Reset?
The allowance resets on 6 April each tax year. Discover when the ISA allowance resets, and how to make the most of it before the deadline.

What Happens If I Take Money Out of My ISA?
It depends on whether your ISA is flexible. Learn what happens if you take money out of your ISA, and whether you can put it back in.

Can You Transfer Shares into an ISA Without Selling?
Usually not, most transfers require selling first. Find out whether you can transfer shares into an ISA without selling, and what’s allowed under Bed & ISA rules.

Is a Lifetime ISA Worth It?
LISAs offer a 25% bonus but come with restrictions. Discover whether a Lifetime ISA is worth it, and who benefits most from this account.

Is There an ISA for Over 60s?
There’s no special ISA for over-60s, but options vary with age. Learn whether there’s an ISA for over 60s, and what features to look for in later life.

Can a Grandparent Open a Junior ISA?
Only a parent or legal guardian can open it but anyone can contribute. Find out whether a grandparent can open a Junior ISA, and how to gift into one.

Can You Have a LISA and an ISA?
Yes, as long as you stay within your overall allowance. Discover whether you can have a LISA and an ISA, and how to use both effectively.

Does Interest Count Towards ISA Limit?
No, only the money you contribute counts. Learn whether interest counts towards your ISA limit, and how tax-free growth works.