- April 7, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Situation Overview
Hello everyone,
I have a specific idea regarding how the transfer of ISAs can be effectively carried out. Currently, I am investing a significant portion of my funds in a TRADING212 ISA, as I enjoy engaging in investment and trading activities to generate additional income. Additionally, I also hold a LISA account with Moneybox.
## Inquiry about ISA Transfers
My question pertains to the process of maximizing my £20k allowance in my TRADING212 ISA while also transferring £4k to my LISA account on Moneybox before the conclusion of the tax year. I am curious to know whether such a transfer would have any impact on my annual ISA allowance.
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****** just grabbed a
> Can I just deposit and maximize my £20k allowance in Trading212 ISA and just transfer £4k to my LISA Account on Moneybox before the end of tax year without affecting my yearly ISA allowance?
Not and have that transfer committee within the 4 working days left in the tax year.
Why wouldn’t you just pay the £4k direct to Moneybox and then whatever’s left of your allowance to T212.
Hi /u/Scorpio_Sheep_11, based on your post the following pages from our wiki may be relevant:
* https://ukpersonal.finance/investing-101/
* https://ukpersonal.finance/lisa/
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