I have already opened a new ISA account for "this year". I would like to know when i can open a new account for next year. What would be the earliest date to do so?
2006-08-18 19:38:14 · 11 answers · asked by Siu02rk 3 in Business & Finance ➔ Investing
Anytime during the year from April - April.. But you can only have up to £3000 in an ISA and no more. Due to taxation rules...
2006-08-18 21:49:50 · answer #1 · answered by Emma J Coney 1 · 0⤊ 1⤋
Any time.The financial year starts on 6 April and you can only take out a maximum number of savings or investment isas in that time. Makes sense to open the account as soon as you can in the financial year so that you benefit from a whole year of tax free savings though!
2006-08-18 22:34:16 · answer #2 · answered by jonnes_david 1 · 0⤊ 0⤋
You can open an ISA account any time - but you can only pay into 1 ISA account each financial year - max £3000 for a mini cash ISA
2006-08-18 20:18:58 · answer #3 · answered by Trevor h 6 · 0⤊ 0⤋
You can open an account at any time. You are allowed only one type of ISA account per person.
The ISA "year" is the same as the financial year and starts at the begining of April. You can put money in put money in at any time of this financial year up to the maximum limit of your scheme.
2006-08-18 19:55:59 · answer #4 · answered by Nothing to say? 3 · 0⤊ 0⤋
7th April 2007. But you can add to your existing ISA so long as you do not exceed the annual limit.
2006-08-18 19:46:37 · answer #5 · answered by Anonymous · 0⤊ 0⤋
6th April 2007. The day after the new tax year starts.
2006-08-21 00:54:39 · answer #6 · answered by popeleo5th 5 · 0⤊ 0⤋
an isa can be opened at any time and added to up to a maximum of £3,000 per tax year. this can be then added to upto another £3,000 each new tax year.
2006-08-18 19:47:37 · answer #7 · answered by Anonymous · 0⤊ 0⤋
best time to open them is at the start of a tax year. you will get the full 12 months benifit. round about april.
2006-08-18 20:59:48 · answer #8 · answered by internat y 3 · 0⤊ 0⤋
beginning of nect ye3ar january 2006 find out from your your local savigs bankj and building society they might be able to help you pay a visit to your bank and ask to speak to the bank manager they might be able to give you some information equally go to www.national savings.org.uk or try www.inlandrevenue.org.uk
2006-08-18 21:10:41 · answer #9 · answered by Anonymous · 0⤊ 0⤋
start of the new tax year ... april 2007
2006-08-18 19:43:18 · answer #10 · answered by Anonymous · 0⤊ 0⤋