I have some questions regarding the transition into the new fiscal year and its impact on Cash ISAs and Stocks and Shares ISAs. Currently, there is flexibility to transfer funds between these accounts. My questions are:
- Will this flexibility remain when the new fiscal year begins?
- If I transfer funds using the “Move funds” button, will it affect the new £20,000 limit for the upcoming fiscal year?
- Are there any additional procedures required when transferring funds between ISAs in the new fiscal year(from the previous year money)?
I would greatly appreciate any insights or information you could provide on this matter.
Thank you in advance for your assistance.