We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

ISAs & tax-free savings

Archives for September 2007

Leave money in Stocks & Shares?
Hi I have a Mini cash ISA with one provider (£3000 allowance still for this tax year) and a Stocks and shares ISA with another (£4500). I've just moved house so my regular payments into the stocks and shares is now the minimum amount (£20). Due to Cash ISA being interest and stocks & shares being growth, I'm wondering…
Paying Interest or Dividends?
Is there anywhere on the internet which identifies whether particular funds make distributions after deduction of a tax credit or 20%? Obviously within a PEP/ISA or Pension fund only if 20% is deducted at source can tax be reclaimed. Particularly ETFs such as Barclay's ishare Sterling Corporate Bond Fund and eg Fidelity…
ISA - Mini and Maxi?
Hi guys, I'm a newbie here and as my name might suggest have recently returned from the wild and woolly world of self inflicted debt and recently set up a mini cash ISA with the ns&i. I've also heard of Maxi ISAs which I understand are somehow linked to shares but being a total novice to this game this is where my…
How to transfer money from Kent Reliance variable ISA to my Natwest current account?
Does anyone know how? And how does it affect my ISA allowances? cheers
Barclays Tax Beater ISA - weird interest payments
Just checked my balance and the latest interest payment has come through, but it is less than I expected. I've tried all sorts of ways and I really have no idea how they are calculating this. Here goes: Like many people I had problems initially opening, so the first interest payment was not till 01/06/07, that was £29.56…
Cheapest Maxi ISA provider
Hi All, I have £7000 that I want to invest in the ETF: http://www.ishares.net/publish/repository/documents/en/downloads/factsheet_ftse_uk_dividend_plus.pdf Can someone tell me the cheapest ISA provider that will allow me to do this? I am becoming incredibly confused by the annual charges... Thanks, Pieter.
Merging TOISA?
Hi! I've got a TOISA with Portman and an cash ISAbond with N/Wide. Does anyone out there know if I can merge the two and if so can i only move the capital out of the TOISA or the whole amount? To be honest don't really know what I'm talking about anyway!!! :huh:
Maxi/Mini ISAs
Hi, I have a Fidelity Maxi ISA (stocks/shares one) which I will not put more than £4000 into this tax year. I would also like to start a cash ISA - ideally the N&SI one and put £3000 into this before the end of this tax year. But I'm a bit confused about whether I'm mixing the Mini/Maxi elements as I'm not sure whether I…
Move from YBS to Kent Reliance?
Anyone care to comment whether it would be worth doing this? Balance transferred to YBS £8.5k in April ... rate is currently 6.05% but KR is 6.21% Details from the thread ""Mini Cash ISAs: The Best ISAs Currently Available List": Yorkshire BS E-ISA - 6.05% NEW RATE Rate guarantee? Yes, but not at the current rate. Will not…
Dormant accounts and ISAs
Has the government taken on board the problem relating to ISAs in their keenness to get their hands on savers' money to divert to "good causes" (i.e. keep the tax burden lower than it otherwise would be). ISAs are unique in that they are likely to be accounts which you don't add to (because you can't after the end of the…
Transferring A&L Direct ISA 1 > Direct ISA 3
I've current got a few years' of ISA subscriptions in an Alliance & Leicester Direct ISA issue 1, earning 5.5% pa. I would like to transfer to a Issue 3 ISA, paying 5.9% pa. (which I've not set up yet) However, I've already deposited £1000 this tax year into the Issue 1, and on the first page of the online application form…
Which *new* Cash Mini ISA pays the highest rate, but with monthly interest?
I'm looking to put £3k into a cash mini ISA, but I would like the interest to be added monthly. The highest rated 'non-fixed period' new cash mini ISA's from NS&I and National Counties BS. Does anyone know of any higher end (6%+) accounts that are available?
More than one cash ISA?
I'm confused, I thought I could only open one mini-cash ISA, but I read on this thread that someone has 3-4 open and being used at the same time. Is this ok to do? Does that mean that in theory I can put away £6000 in two different cash ISAs in the same year and keep adding to them both each year? Any advice appreciated to…
Britannia fixed rate ISA for me?
Hi, I currently have a Mini Cash ISA with Britannia, totally standard affair. It has the full amount from last year in, and already the full amount for this year, so 6k. I believe it pays about 5.4% on this tax free. I notice they now have a Fixed Rate Mini Cash ISA. This is fixed at 6.55% till October 2008. I'm fine to…
Confused over mini share isa
Hi, I'm a little confused over how to go about opening a mini stocks and shares ISA. I already have a cash ISA but have more money available that I would like to invest in shares or funds that I have selected. I understand that I have an allowance of £4000 per year to do this. What I don't understand is how I buy the…
Transferring from single provider S+S ISA to 'supermarket' ISA
Hi, I'm hoping someone can help. At the moment I have a mini S+S ISA with an individual provider. I'm keen to move this to a 'supermarket' (not sure this is the right expression) provider that allows you to buy in funds from many providers rather than just the one I currently have. I know the key is not to sell up the…
Maxi ISA Transfer? - Help appreciated
Hello all, Very new to this so here goes. I have a 2005/6 maxi isa (about £5k) and i want to get out of stocks and shares but i dont want to loose my tax free status. Can i transfer this to anything other than another stocks and shares ISA and if so how? The same applies to my mother, she has done much better and has two…
How to give 60 days notice for Nationwide Members ISA ?
How do you give 60 days notice to withdraw money from a Nationwide Members ISA ? Can you just email Nationwide or do you have to phone them up or go to a branch ? If you dont mind losing 60 days interest, can you just go ahead and immediately do an electronic transfer to another account ?
Please some one confirm 2008 ISA rules and tax benefit
Please can someone confirm the Mini and Maxi allowances for next year (from April 2008)? Also are there any other benefits to ISAs other than capital gains tax avoidance (probably not the correct phrase) and tax free interest? Are there additonal tax benefits for share based ISAs? Thanks MCS
Mini cash ISA and tax
Hi - I think I am missing some fundamental info about mini cash ISAs and tax. Apologies if this is covered elsewhere - my searches didn't uncover any recent discussions. My questions are as follows: 1/ In a minicash ISA, is it just *earnings* that are tax-free? Or, does the capital invested (say the full £3,000 allocation)…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

ISAs & tax-free savings

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

ISAs & tax-free savings

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free