Donate SIGN UP

isa's

Avatar Image
margrio | 19:57 Wed 04th Mar 2009 | Business & Finance
3 Answers
Sorry if this sounds stupid but want to know if I put full allowance of �3600 into an isa this month (March)can I then put in more once the next financial year starts in April?
Gravatar

Answers

1 to 3 of 3rss feed

Best Answer

No best answer has yet been selected by margrio. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Yes, you can.
...and provided you haven't already put any money into a cash ISA in the current tax year
Your total ISA allowance each year is �7,200 of which each year you can put �3,600 into a cash ISA.
What you can't do is put �3,000 into a cash ISA one year and then �4,200 the next year. Each year you either use the allowance in full or or part or lose it.

Better and fuller explanation can be read at http://www.carpetbagging.co.uk/definitiveguide toisas.html

1 to 3 of 3rss feed

Do you know the answer?

isa's

Answer Question >>