How much can you save?

McSaver

2 months to go until the new tax year, Then we can all top up our cash ISAs and/or S&S ISAs.

gelato_cat

:j Am I the only sad geek who's getting excited wondering what sorts of products the banks are going to be offering? :T Esp since my NS&I guarantee runs out this year...

Suze

McSaver wrote: »

2 months to go until the new tax year, Then we can all top up our cash ISAs and/or S&S ISAs.

save-a-lot

Suzey wrote: »

:j Am I the only sad geek who's getting excited wondering what sorts of products the banks are going to be offering? :T Esp since my NS&I guarantee runs out this year...

Suze

Another geek here too Suze, you are not alone!

chelseablue

Sorry I have not posted in a while.

Glad to hear everyone is doing so well! We have just over £42k saved for our house but still have a long way to go!

stacy

hey jus a quick qus you know the cash mini isa' s when u earn interest does that count towards ur next tax year so if u earnt £1000 lets say in interest you can only pay £2000? (hope this is making sense)?! and if it doesnt count towards ur next £3000 what do u do with ur interest leave it in there and then still add ur £3000 every year?! thanx

wiseman405

Hi there,
No you can put in £3,000...So if this year you received £100 interest....You can still put £3000 in your next tax year, you are not limited to £2,900


Hope that makes sense

Tom

gelato_cat

£3600 next year innit?

Suze

wiseman405 wrote: »

Hi there,
No you can put in £3,000...So if this year you received £100 interest....You can still put £3000 in your next tax year, you are not limited to £2,900


Hope that makes sense

Tom

djbd1973

Suzey wrote: »

£3600 next year innit?

Suze

Yes £3600 when the new tax year starts!:j

save-a-lot

Quick question, who max's out their ISA immediately from funds already saved up? and who saves into their ISA as a regular payment throughout the year?

I tend to max it instantly in April. Then forget about it.

cookie9

I tend to max out. After that I usually look for a regualr savers account for high interest although this year as thinking of house buying not doing this as need easy access to money.