Deposit Vs Investment via Shares and Stocks ISA

Investing and Markets 📈
1

Hi,

I have an S&S Freetrade ISA. A couple of questions, please if anyone can help.

1.If I deposit funds in the ISA account, do I need invest them for them to be accounted as ISA contribution. For example, I deposit 10K and only invest 5K, have I used 10K of my yearly allowance or 5K?

  1. If I invest via ISA in the year 20/21 allowance and sell the stocks in future (after April 2021 but before April 2022). Will it impact the yearly saving allowance for the year 21/22.

Thanks.

2

Any funds deposited counts as a subscription towards the ISA limit. What’s you do with them once inside the wrapper doesn’t matter

No. Once inside the wrapper there inside. When you get a new £20k allowance this is towards how much you can deposit from outside of the ISA

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3

Hi Eden,

Many thanks for taking time to reply. Your answers are really helpful.

Much appreciated.

Regards.

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