If you hold an ISA with us you'll find you have an additional box marked 'ISA' on the left hand panel on the main portfolio dashboard page (this is the page that loads just after you log in). Within this box you'll notice a link called 'Settings':
On the next page you will have the option to amend the following:
Your ISA limit
When you set up your ISA we asked you to set a limit for the current tax year. The allowance this year is £20,000, you set your limit less than this to consider anything you have paid in (or plan to pay) to a cash ISA with someone else. It’s worth checking that this limit is up-to-date. If your circumstances have changed, there may be more room in your Nutmeg ISA than you thought. You can pay into one cash ISA, one stocks & shares ISA, and one Lifetime ISA, in any combination, as long as you don’t exceed the £20,000 limit. Nutmeg currently offers the stocks and shares ISA and Lifetime ISA.
Open an ISA automatically each tax year
When you set up your Nutmeg ISA, we said that we would automatically open an ISA for you in each tax year. You can adjust this setting to confirm whether you’d like us to do this for the 2017/18 tax year (when the overall ISA limit increases to £20,000).
Move taxable investments into your ISA wrapper
You may have general, taxable investment holdings outside of an ISA wrapper. This can sometimes happen when
- you create an ISA after you've already paid in
- you set your ISA limit to be lower than you needed it to be
- you've already paid in up to the maximum limit (either the limit you set, or, the overall limit for the tax year in question)
If you want us to move any taxable investments to your ISA automatically you will need to switch this setting to 'ON' and ensure that your ISA limit is correct (as detailed above). If there is room in your ISA we'll arrange to move as much as we can for you during our next investment cycle. Where this applies, set 'maximise your ISA' to 'ON' and check back on your account in a couple of weeks to check we've moved funds to your ISA.
This setting also allows you to tell us whether you would like us to maximise your ISA this and every tax year. When this option is set to ‘ON’ we will automatically use investments from the taxable section of your account to fill the ISA section (up to and including the ISA limit you set).