LISA Allowance - strange goings on! 18 November 2022 at 6:53PM in ISAs & tax-free savings 3 replies 163 views

Rheumatoid

Daughter has just transferred from skipton to moneybox. She paid £4k into skipton this May. Moneybox app says she still has a £1k bonus to claim for 22/23. Have just gone back in to the skipton account and it states the following:


Not sure what is going on. Have I missed an increase to 8k or are both these banks systems faulty?

eskbanker

There hasn't been any increase to annual contribution limits so it must be the latter.  Was the bonus paid as expected by Skipton?

Rheumatoid

eskbanker said:

There hasn't been any increase to annual contribution limits so it must be the latter.  Was the bonus paid as expected by Skipton?

yes it was. I can understand MB maybe not knowing what she had contributed but the skipton figures are strange.

masonic

MB should know what she had contributed, it's an essential part of the transfer process for the old ISA manager to tell the new ISA manager if the ISA contains current year subscriptions and how much. It seems one of them has made an error.