Thanks for confirming.
So none of the £22,000 would count towards the annual contribution limit for this tax year and she could open a new additional £20,000 limit ISA for the current tax year as well? Sorry if I am reading this wrong!
Just sorted some finances out for my mum and she has a 3 year fixed cash ISA maturing next week and has been offered a decent transfer to a new 1 year fixed cash ISA which I am keen to proceed with.
The original £20k invested is now worth £22k and she have been offered the option to invest the...