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Do you have to wait till 6th April 13 to get a new ISA?

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  • Cpu2007
    Cpu2007 Posts: 724 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    why don't you put money in your current isa account and then transfer it on the 6th of april? or did you already fill up your current isa account?


    btw, do we get taxed from the 6th of april to the 5th of april of the next year , is that correct?
    Just a bit curious about calculation, if I am getting interest on £100 (2%) and after 30 days I put £100 more for 30 days, for the 30 days that I had £200, I'll get (2%) on them right? and if I withdraw £100 then will I be getting interest on the remaining £100 ?
  • Janeybo
    Janeybo Posts: 56 Forumite
    Cpu2007 wrote: »
    why don't you put money in your current isa account and then transfer it on the 6th of april? or did you already fill up your current isa account?


    btw, do we get taxed from the 6th of april to the 5th of april of the next year , is that correct?
    Just a bit curious about calculation, if I am getting interest on £100 (2%) and after 30 days I put £100 more for 30 days, for the 30 days that I had £200, I'll get (2%) on them right? and if I withdraw £100 then will I be getting interest on the remaining £100 ?

    Yes to first part, current one is full.

    not sure about the second part of your post. When you say taxed do you mean for general savings, as ISA's are tax free.
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