Maturing TOISA

[WendyS]

If you have a maturing five year GEB (Guaranteed Equity Bond) TOISA and transfer it to an ordinary Cash TOISA, can you still use up your full �7,000 Maxi ISA allowance in the same tax year?

[dzug]

Yes - but for the TOISA remember it's transfer, not cash in and pay in.

[WendyS]

Thanks dzug. I had remembered that and have already requested a transfer form. Just wanted to be sure I took full advantage of what few tax breaks we have left available to us.