ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 18, 2017 19:14:57 GMT
I note that FS registration requires first name and surname. That is what is pre filled in the boxes for my IFISA. However, that asks for FULL name, but there is no way of actually inserting my middle name. fundingsecure What should I do here? Middle name not actually required by HMRC, just full first & surname, no initials
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oldgrumpy
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Post by oldgrumpy on Apr 18, 2017 19:19:23 GMT
OK, thank you  . Wish they wouldn't put "full name" up when they don't mean full name  . |
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mikes1531
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Post by mikes1531 on Apr 18, 2017 19:51:58 GMT
- On cash Isas taken out on or before April 5, 2014, you can transfer part or all to the new provider. You can transfer different amounts or parts to as many providers as you like, as many times as you like.Is there something significant/different/magic about 5/Apr/2014? Or was that point written during the 2014-15 tax year, so the reference to 5/Apr/2014 simply means 'any prior tax year'? Which would mean the statement should refer to 5/Apr/2017 at the current time.
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mikes1531
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Post by mikes1531 on Apr 18, 2017 19:57:59 GMT
Can anyone think of a good reason why this thread 'Launch of IFISA' shouldn't be merged with the thread 'IFISA Launched'? Admin? |
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mikes1531
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Post by mikes1531 on Apr 18, 2017 19:58:46 GMT
Can anyone think of a good reason why this thread 'IFISA Launched' shouldn't be merged with the thread 'Launch of IFISA'? Admin? |
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Post by eascogo on Apr 18, 2017 20:04:59 GMT
It's a shame that you can't transfer loans into your IFISA because I am going to lose a lot of bonus interest  On selling, say, £20k on the SM any bonus is lost but if said amount is put in an [IF]ISA the tax saving is likely to top the loss in bonus. The gain will depend on the discount applied to achieve sale and how quickly it is redeployed within an [IF]ISA. Is my reasoning correct?
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 18, 2017 20:09:28 GMT
- On cash Isas taken out on or before April 5, 2014, you can transfer part or all to the new provider. You can transfer different amounts or parts to as many providers as you like, as many times as you like.Is there something significant/different/magic about 5/Apr/2014? Or was that point written during the 2014-15 tax year, so the reference to 5/Apr/2014 simply means 'any prior tax year'? Which would mean the statement should refer to 5/Apr/2017 at the current time. Hadnt noticed that. So no nothing significant, article from March 2015 so that would have been the previous tax year (the significant date would have been Jun 14 when NISA introduced removing restrictions on ISA transfers between type) So yes as you say prior tax year-5/4/17 at current point
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star dust
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Post by star dust on Apr 18, 2017 21:27:35 GMT
Can anyone think of a good reason why this thread 'IFISA Launched' shouldn't be merged with the thread 'Launch of IFISA'? Admin ? As you suggested I have merged these two threads, and the discussion will now be in one place at least. Unfortunately however, fundingsecure's thunder was stolen by Liz who beat them to the announcement, but as consolation the thread keeps the name they used. Flagging Admin is of limited use mikes1531, it requires specific login's so for the best/fastest results flag one/or more of the team, or better still report the post - and yes, you can report your own post.
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daveb4
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Post by daveb4 on Apr 19, 2017 5:38:22 GMT
Thanks to all above. In summary I took out £15k cash ISA 2015. I would like to put £5k at present into a new FS ISA. Want to see what else happens over the year. Do i have to transfer all £15k across or can I do just £5k. It would appear it is all or nothing?
Obviously i could just take £5k cash out and pay it in BUT I have other cash this year to put in this year allowance so do not want to do this.
Thanks
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fp
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Post by fp on Apr 19, 2017 5:47:39 GMT
Thanks to all above. In summary I took out £15k cash ISA 2015. I would like to put £5k at present into a new FS ISA. Want to see what else happens over the year. Do i have to transfer all £15k across or can I do just £5k. It would appear it is all or nothing? Obviously i could just take £5k cash out and pay it in BUT I have other cash this year to put in this year allowance so do not want to do this. Thanks Assuming your cash isa allows partial transfers, just download and fill in the transfer form from FS. Bureaucracy dictates that it will take a week or two to do
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bg
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Post by bg on Apr 19, 2017 7:41:15 GMT
Just looked at Lanbay, their site says there's no fee? I might be wrong, but I think they charge borrowers more than 3.75%. They don't call it fee, just pay you less interest. Yes but all sites do that and it's not specific to the IFISA. You can't expect them to do this for nothing, they have overheads etc.
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09dolphin
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Post by 09dolphin on Apr 19, 2017 10:47:09 GMT
I've several loan parts that haven't been activated. Can these be transferred to the IFISA instead of my usual account
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mikes1531
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Post by mikes1531 on Apr 19, 2017 10:59:36 GMT
Obviously i could just take £5k cash out and pay it in BUT I have other cash this year to put in this year allowance so do not want to do this. has answered part of your question. All I would add is to point out -- if it isn't already obvious -- that if you 'transfer' the money across it remains tax-protected, whereas if you simply withdraw the £5k and deposit it into an ISA you'd lose that benefit. If you aren't going to put more than £15k into ISAs this year, then it doesn't matter. But if you have the resources to put more than £15k of new money into ISAs, then you will end up with a greater total in your ISAs if you transfer rather than withdraw/deposit. It should go without saying that this isn't advice and what's best for you will depend on your individual circumstances.
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jo
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Post by jo on Apr 20, 2017 14:10:00 GMT
fundingsecure Any chance you could add an existing exposure column to available loans on the Dashboard? Would be handy for those of us with poor memory (and two accounts). 
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09dolphin
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Post by 09dolphin on Apr 21, 2017 0:06:09 GMT
With renewals will we be offered the choice of renewing to our main account or to our IFISA account? With some loans I would prefer to renew to my IFISA account and others to my main account.
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. Wish they wouldn't put "full name" up when they don't mean full name 
.
