You are allowed to have different types of ISA accounts in the current year. For example, you may have an active Cash ISA and a Stocks & Shares one in the current year, and you won’t be violating any regulations. However, if you find yourself with two ISA accounts of the same type and you have deposited funds in them in the current year, we will suggest you contact the HMRC at your earliest convenience and inform them about the matter.
With us, you are able to open a Stocks & Shares ISA account, which is non-flexible. This means that any funds you withdraw from it will still count towards your annual allowance and cannot be replaced.
