ISA Rules - confused!

[centralmix]

Any bank people here?

I have a S&SISA for my DD from 18-19. I want to open one for her for this tax year. Can I do that?

What do I do with last year's ISA with company A? - I don't want to transfer it just now. Am I allowed to tinker with the funds now and then? Am I allowed to transfer it to company B at a later date?

Can I still open a new S&SISA for this tax year with company B? Or doesn't it work like that...?

Never been in this situation before so I don't understand the protocol.

Thank you!

Silly question - you say 18-19. Just to be clear, is that her age, or the tax year?

If she is under 18, do you mean Junior ISA (jISA) rather than ISA? Sorry to be pedantic, but unless you get terminology right and are clear, you'll get wrong advice

Easter egg yes I meant to say a junior isa and 18-19 refers to last tax year...

You don't need to open a new one, you can just put cash into the old one and carry on. You can fiddle with all the shares as much as you wish.

Or you can open a new one, put (up to the annual limit) cash into that, do s&s as you wish in both. You can transfer the whole of one to another any time.

www.moneysavingexpert.com/savings/junior-isa/ has more well-written what-to-do's.

Phew thanks

How old is D&D? When they turn 16 they can also have an adult cash ISA of £20,000!