Weekly Wrap 02/11/18

The Christmas List, ISAs and the stock description vote in this week’s wrap!

8 Likes

Good update - look forward to the US Shares


Note the sweet bar showing the £20k annual limit for ISA contributions (that £20k is part of the ISA rules, not our limit).

Will there be any plans to let users set their own year’s limit, for example imagine you have 3 different ISA accounts across 3 different providers and you plan to split it like:

Type Amount
Cash ISA £6,000
Lifetime ISA £4,000
Freetrade Stocks & Shares ISA £10,000

So instead of showing £20,000 limit will a user be able to set it at £10,000 per/year and then have this limit managed in the app to avoid being oversubscribed for the year?

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Think you’re only allowed to pay into one a year? Or possibly one Cash and one S&S?

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Isn’t it one of each type?

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You can split it between the different types but there’s a limit of one per/type per financial year.

For example you can pay into one Cash ISA, and a Stocks and Shares ISA in the same year as long as it’s below the annual limit ( £20,000 right now ).

Checkout MSE - Full ISA Guide as they normally explain it in plain English and provide examples.

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It’s not on the roadmap at the moment but we’ll consider it later, please do post that as an Ideas :bulb: so that everyone can vote for it & help us prioritise the functionality :raised_hands:

4 Likes

Exactly this.

@saf, you make me feel like I have a slow internet (not even BT!) because of this new picture :joy:

2 Likes