What year is an ISA opened for tax purposes?

masonic

Bobblehat said:

Whether factually incorrect or just a condition of being a customer of KRBS, opening their ISA in one tax year and not funding it until the following tax year risks a repeat of what soulsaver reported earlier. Whether they unilaterally close unfunded FT ISA's at the end of this tax year or not, we'll only find out too late!

There is no reason to believe they've changed their policy this year, given they haven't changed their T&Cs. The fact they still state you can only subscribe to a cash ISA with one provider per tax year would put me off becoming a customer. Such a term is not only factually incorrect, its presence is unlawful in a consumer contract. Fortunately, they don't seem to be topping any rate tables, so this is purely academic.