you cannot bu a mini and maxi ISA in the same year. What if you did unknowingly?

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you cannot bu a mini and maxi ISA in the same year. What if you did unknowingly?

2007-03-17 07:14:51 · 2 answers · asked by East Ender 2 in Business & Finance ➔ Investing

2 answers

The answer is YES! You can have a maximum of £3000 in a Mini ISA whilst having a maximum of £4000 in a Maxi ISA in the same tax year. Just as long as you don't go over those amounts in each respective ISA. If you have more then 1 of either though you will get a letter from HM Revenue and Customs!

2007-03-18 11:39:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋

as you need to submit your NI number it would be found out and the second one that you try to open would be dissallowed.

2007-03-17 14:25:12 · answer #2 · answered by torbrexbones 4 · 0⤊ 0⤋