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HMRC ISA Declaration
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Posts: 5 Forumite
I'm just completing an online application to reinvest a Fixed Rate ISA that matures in a few days' time.
The HMRC ISA Declaration says "I apply to subscribe to a cash ISA for the tax year 6th April 2024 to 5th April 2025 and each subsequent tax year until it is closed."
But I'm applying for an ISA which runs August 2024 to August 2025, not April to April! What should I do?
The HMRC ISA Declaration says "I apply to subscribe to a cash ISA for the tax year 6th April 2024 to 5th April 2025 and each subsequent tax year until it is closed."
But I'm applying for an ISA which runs August 2024 to August 2025, not April to April! What should I do?
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Comments
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Its referencing the tax year April to April. So it's saying you can put up to 20k in your ISA this tax year, then next tax year you'll get a new allowance.1
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