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 October 2009

accidentally funding 2 isas in same tax year
just a quick question, i have a First direct isa which i have used this year and paid in £3000 this tax year. i also have a natwest isa from last tax year i have not paid into (just get the interest on whats in there from natwest. each month i transfer the interest from the isa into my current account BUT have accidently…
Over 50s allowance Q?
Ok so from what i understand the allowance for over 50s increases from £3600 to £5100 already. My parents haven't used any of their allowance for this year so they can open a isa each for £5100 and then after april they are allowed to top this up by another £5100 (£10,200), is this correct? :o
Nationwide Isa Bond Question
Hi all, I have about 10k+ with Nationwide cash ISA from previous allowances. Can I use this allowance to transfer to their fixed 1 year ISA bond paying 3% interest? Or do I need to transfer in new money?
What will I pay tax on?
Hi, I'm a basic-rate tax payer and I've just opened a S&S ISA - what, if any, interest will I pay? If it makes any difference the ISA is with Fidelity and the funds currently in the ISA are: Artemis Strategic Assets Acc Invesco Perpetual Corporate Bond Inc (with income re-invested) Invesco Perpetual High Income Acc JPM…
Should interest remain in ISA?
Hi, I think I already know the answer to this, but thought I would ask all you experts! Is it best to leave the interest earnt on an ISA within that account rather than having it paid into your link account? Seems to make sense to leave it their to accumulate tax free...? Is that logic correct? Thanks...
Keep current acc & ISA together?
Is it best to keep your ISA with the same bank as your current account? I have current with Abbey, parents opened ISA when I was a kid at Nationwide(which I dont use or have the book for). My student account is with Lloyds. Would it be best to stick with Abbey for ISA? I have current & savings accounts with them Did do a…
First Direct isa finishing
I will have on the 1st Nov 2009 finished my regular saving isa with Fd, I have made inquires with another bank who are giving a better rate than the one FD will put me into after 1st Nov but because I have been paying since April 2009 up to an amount of £1800 they say that because of this I cannot put the full (£5100 i`m…
ISA (Also withrew money by mistake!)
First of all I have an ISA with Halifax and we access it online. We only started it in April and put the £3600 in there. Earlier this week I tried to see if I could put more in and it let me top it up to £5000 which seemed strange?! It is only 3% so i was wondering who we could go to that offers a better rate, if any? Also…
Isa
Can anyone tell me if it is voluntary for my ISA provider not to let me add the extra £1500 to my ISA now I am 50 ?
ISA rates unfair
Hi there, how does everyone feel about the banks and building societies taking advantage of us all?. Let me explain my gripe , if you open a fixed rate bond say for 4 years as long as the minimum balance is deposited in accordance with the account rules the interest rate should be the same regardless of it being isa status…
where's my thread?
......................:confused:
ISAs and FIXED Rate Bonds
Quck question folks... Are ISAs the same as fixed rate bonds...I have a cash ISA that i pay into monthly, crap rate...was looking at a 5 year fixed bond with a great rate...is that an ISA? Also if i take out a 5 year fixed bond and transfere my ISA over to it, can I still put money into my new bond monthly?
2 year fixed deal
Hi i have £3600 in Skipton maturing i wondered if you could give me a good 2 year fixed ISA transfer deal regards Beatrice
cash isa transfer into s&s isa and unit trust
hi all can i transfer my cash isa into any s&s isa? i have 7500 in a cash isa and have not used this years allowance as yet. i have another 20000 to play with so i could make up this years allowance and also start a investment trust. i have just had a ifa around and have understood i really need to build a platform but i…
Best passive share ISA provider - Help please?
HI I was looking for some help, If at all possible. I am looking to invest some money in the FTSE World index. Or if not readily available, a mix of a UK and Overseas tracker fund. As the above are passive funds, I don’t particularly want to pay active management costs with any share ISA provider. Could someone direct me…
ISA transfers upon a death
Sorry if this sound naive but we both have made out wills which upon one of us dying transfers everything to the surviving person (we are married) , and then ultimately to our son. Our concern is whilst everything we have is in joint names we hold sepearte ISA's waht happens to these accounts at the point of initially my…
S&S ISA - Effective annual limit
Hi, I have an S&S ISA backed mortgage - as far as I can see, it's just a S&S ISA with a fancy name and targetted to a (hopeful) particular amount in X years time. But my question is about the S&S ISA & I think irrelevant of the "mortgage" tag. I pay a monthly figure from which there are deductions -- life insurance &…
2 Cash ISAs
Hi all, can anyone tell me if this is correct in my understanding... I have a cash ISA with a really poor AER. It was taken out in early 2008. I make a monthly payment into this account and have done since it opened. However, I'am now looking to open another Cash ISA with the another bank but at a better AER. I'am correct…
S&S ISAs - What is actually tax free?
As I understand it dividends on most stocks and shares within ISA still incur the basic rate of tax. Question is, is it possible and/or sensible to choose investments where basic tax can be reclaimed? If so, what strategy? What things actually get tax free status these days? Eg I have British Land and Land Securities…
How to transfer a previous year’s Cash ISA when I have maxed my 2009-10 ISA?
I have a stocks & shares ISA 09-10 at the over-50’s limit of £10,200. Meanwhile I’m trying to sort out my C&G Cash ISA from 02-03 (~ £12k) which has a negligible rate of interest. I have tried several new providers who accept transfer of a previous year’s Cash ISA (eg C&G themselves, Abbey, F’Direct) but all seem to…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

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.
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 Payments 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