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My ISA runs till July?

Hi
I went to Santander to ask what to do with my ISA from last year, because they made a mistake twice at the bank opening the wrong kind of ISA for me it wasnt until July that I finally got the product that I wanted, the bank now say that I will get the 3% rate until July.....is this right?

Comments

  • BOATRACE
    BOATRACE Posts: 20 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    Sorry to be a pain, but if this is correct, I have 5K in last years ISA so what do I do now, can I open another or continue to pay into this one which is open till July...its all very confusing
  • latecomer
    latecomer Posts: 4,331 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 4 April 2013 at 3:48PM
    Define what you mean by last year.

    If you haven't paid into an ISA in the current tax year then you can do so today to a maximum of £5640. From saturday you can pay in a full allowance for next year.
  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    latecomer wrote: »
    From tomorrow you can pay in a full allowance for next year.

    No, tomorrow is 5th April which is in the same tax year. Need to wait 'til Saturday 6th April which is the first day of the next tax year.
  • latecomer
    latecomer Posts: 4,331 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Bah whats a day between friends :D

    will edit ....
  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    latecomer wrote: »
    Bah whats a day between friends :D

    will edit ....

    Tell that to HMRC! ;)
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