Transfer an ISA if you're an ISA manager

Fees

As the old manager, you cannot normally make claims for the payment of tax on income received on or after the date of transfer. However, you may agree with the new manager that you can claim payment of tax on such income for up to 6 months after the date of transfer. You should send the income received (and tax claimed) to the investor if either: your instructions were to pay any income to the investor the amount is less than the minimum the new manager will accept Otherwise, you should forward the income (and tax reclaimed) to the new manager. If you receive income for a Lifetime ISA , and it is not paid into the Lifetime ISA : it will be treated as withdrawn from the Lifetime ISA there may be a withdrawal charge, which you should deduct before paying the income to the investor If you have not made, and do not intend to make, a claim for income you received either: up to and including the date of transfer from the date of transfer The new manager can make the claim. You should forward