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Santander has charged tax on my Cash ISA..

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Comments

  • sjw1
    sjw1 Posts: 45 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    le_loup wrote: »
    Ah! Not as good as you think. They should have transferred the money to the new ISAs, not given you cheques. You have now lost the tax advantage in the interest.
    Ah, sorry, better than you think.... No, sorry, I should have been clearer. They credited the interest back to the accounts and re-calculated interest (so nothing lost) AND gave the two cheques.. Sorry about that. :)
  • TheMatrix_2
    TheMatrix_2 Posts: 113 Forumite
    So long as you have not lost your tax allowance for previous tax years, and you can still contribute the full amount this tax year, it's a good result
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