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Where Is the best place to invest 8k??

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Comments

  • CruiserP
    CruiserP Posts: 10 Forumite
    Tenth Anniversary Combo Breaker First Post
    Sorry that you feel that way teaspoon, but i'd rather have the member of the family than any money at all. But there is nothing I can do apart from try an save it and help my very new family. Many thanks
  • CruiserP
    CruiserP Posts: 10 Forumite
    Tenth Anniversary Combo Breaker First Post
    Thanks anniehanlon
  • CruiserP
    CruiserP Posts: 10 Forumite
    Tenth Anniversary Combo Breaker First Post
    Hello all, thank you all very very much!!

    I am a newcomer here and think I shall put it in an ISA.. can I put in a couple of ISA's and still get them tax free..?

    Thank you all again

    Dave
  • Baldur
    Baldur Posts: 6,565 Forumite
    CruiserP wrote: »
    .. can I put in a couple of ISA's and still get them tax free..?
    Only if you open and fund one Cash ISA with £3,600 before Sunday 5th April (end of 2008/9 tax year) then another £3,600 on or after Monday 6th April (start of 2009/10 tax year). You can only pay new money into one Cash ISA per tax year.

    If your Cash ISA, opened & funded, before 5th April permits additional deposits, then you can simply pay your 2009/10 allowance into that one, rather than starting a completely new one on or after 6th.

    As you can see, from the above dates - you need to sort this out very quickly.
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