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Alliance&Leicester Direct ISA
etv
Posts: 1 Newbie
Hi, I would like to transfer existing cash ISA money into the A&L Direct ISA. To do this it would seem I need to open a new account for 08/09. The first page of the online application states:
'You have not contributed to another Cash or Stocks & Shares ISA in the same tax year that you subscribe to this Cash ISA'
I will be contributing to a stocks and shares isa, but I thought under the new tax rules I could open a seperate cash ISA with a different provider as long as I didn't exceed the limits.
I have tried to contact A&L to clarify but they have no customer service telephone number and the local branch has not returned my calls.
Does anyone have any advice?
'You have not contributed to another Cash or Stocks & Shares ISA in the same tax year that you subscribe to this Cash ISA'
I will be contributing to a stocks and shares isa, but I thought under the new tax rules I could open a seperate cash ISA with a different provider as long as I didn't exceed the limits.
I have tried to contact A&L to clarify but they have no customer service telephone number and the local branch has not returned my calls.
Does anyone have any advice?
0
Comments
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Hi, I would like to transfer existing cash ISA money into the A&L Direct ISA. To do this it would seem I need to open a new account for 08/09. The first page of the online application states:
'You have not contributed to another Cash or Stocks & Shares ISA in the same tax year that you subscribe to this Cash ISA'
I will be contributing to a stocks and shares isa, but I thought under the new tax rules I could open a seperate cash ISA with a different provider as long as I didn't exceed the limits.
I have tried to contact A&L to clarify but they have no customer service telephone number and the local branch has not returned my calls.
Does anyone have any advice?
thats the number - i found them helpful0 -
the wording refers to you cant have a £7K S&S ISA, and a cash ISA.
you can have a £3K cash and a £4K S&S, and in 2008/9 a maximum of £3.6K cash and £3.6 S&S (or a £7.2K S&S)0
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