Can I move cash to my Lifetime ISA from my AJ Bell Youinvest Stocks and shares ISA or Dealing account?
Keep in mind that you can’t partially transfer ISA subscriptions you’ve made this tax year. So cash subscribed to your Stocks and shares ISA this tax year can only be transferred to your Lifetime ISA if you’ve subscribed less than £4,000 (the Lifetime ISA limit). You can, however, partially transfer any subscriptions you’ve made in previous tax years.
When you transfer cash from other accounts to your Lifetime ISA, it still counts towards your annual £4,000 LISA payment limit. So you'll need to be careful how much you transfer.
If you’d like to transfer investments from your Dealing account into an ISA, you can use our Bed and ISA service. In a Bed and ISA, an investment is sold in a Dealing account and bought in an ISA. As the two transactions are carried out together, only one dealing charge is applied. Find out more about our Bed & ISA service.