An ISA with a positive impact

I already have a Stocks & Shares ISA, can I transfer it to CIRCA5000?

You can only subscribe to one Stocks & Shares ISA in each tax year. If you have already contributed to another Stocks & Shares ISA this tax year, then you can transfer this ISA to us without losing your £20,000 annual tax-free allowance. It’s easy to transfer a Stocks & Shares ISA to CIRCA5000, simply open an account with us, head to the account and tap ‘Transfer an ISA’ to start the process.

I’ve already got a Cash or Lifetime ISA – can I open a Stocks and Shares ISA as well?

Yes. Just so you know, you can only put money into one type of each ISA per tax year. There are 4 main types of ISA: Cash ISAs, Stocks & Shares ISAs, Innovative Finance ISAs and Lifetime ISAs. CIRCA5000 offers a Stocks & Shares ISA. You can keep your old ISA accounts alongside any new ones you open, but you won’t be able to pay into them. If you’ve already contributed to a Cash ISA or a Stocks & Shares ISA this year, then you can transfer those accounts to us without affecting your annual tax-free allowance.

Can I see my remaining ISA allowance in the app?

Yes, but we can only show you the money you have contributed to your CIRCA5000 Stocks & Shares ISA, as we don’t have access to the details about your account with other providers. Your overall ISA allowance includes any money you contribute across all of your ISAs in the same tax year. For example, you could add £16,000 into a Stocks & Shares ISA, meaning you would only have £4,000 left to add to a different type of ISA. It is your responsibility to make sure you don't exceed your allowance across any different ISA products you may have.

Will I be able to access the money I save in an ISA?

You can withdraw your money from us at any time. Withdrawals typically take between 5 to 8 working days from requesting to arriving in your bank account.

What is the £20,000 tax free allowance?

Every year, the UK tax year runs from the 6th of April, until the 5th of April. In each tax year, you can contribute a maximum of £20,000 across all of your different ISAs, without having to pay any tax on contributions or gains.Your ISA allowance includes any money you contribute across all of your ISAs in the same tax year. CIRCA5000 will show you a remaining tax-free allowance amount in the app, but we can only show you the money you have contributed to your CIRCA5000 Stocks & Shares ISA. It is your responsibility to make sure you don't exceed your allowance across any different ISA products you may have. CIRCA5000 is unable to give tax advice. For tax advice, please speak to your accountant or seek tax advice. Please note that ISA and tax rules may change.