warwicktiger wrote: »
I paid £5000 into my ISA in mid April, when I was still living in the uk. I left England on 23 April and have lived in France ever since, where I intend to remain.
A. Can I now top up my ISa to £15000, On the grounds that I lived in the UK for part of the current tax year?
B. When I fill out my French tax return next year for Calendar 2014 will the French taxman acknowledge the tax free status of my ISA interest?
dwp3 wrote: »
I opened a Virgin cash ISA last autumn to transfer the whole of a previous Nationwide one. In April I added £5940 to it, and now want to use the additional allowance. I haven't opened a new ISA this year, only paid into an existing one. Does the fact that I've paid into Virgin this tax year mean I am stuck with them for the top-up ?
I could get a better interest rate for the additional funds with Coventry or the Nationwide Flexclusive but if I can't open a new one with them I can't get round it by transferring because they don't allow transfers in. And it's hardly worth transferring to BM Savings for an additional 0.05% above the Virgin rate.
If you have already subscribed to an ISA with us or another ISA Manager for the 2014/2015 tax year and you wish to transfer the subscription to this account, this can be arranged by contacting us.
Please note that transfers of previous tax years' subscriptions and subscriptions in future tax years cannot be made into this account.
Should I have held off putting anything in during April to keep my options open ?
Archi_Bald wrote: »
A. - doesn't sound as if you can. http://www.hmrc.gov.uk/isa/faqs.htm#14
B. I doubt that the French (or any other country's) tax people care about the HMRC's generosity. The best you get under double taxation agreements is an assurance that you don't have to pay tax twice. The UK - France agreement is here: http://www.hmrc.gov.uk/taxtreaties/in-force/france.pdf
Here’s what the Deals Team have spotted
The rule change comes into force tomorrow
Get some inspo ahead of Christmas