Food & Drink0 min ago
isa's
3 Answers
Sorry if this sounds stupid but want to know if I put full allowance of �3600 into an isa this month (March)can I then put in more once the next financial year starts in April?
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Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.Your total ISA allowance each year is �7,200 of which each year you can put �3,600 into a cash ISA.
What you can't do is put �3,000 into a cash ISA one year and then �4,200 the next year. Each year you either use the allowance in full or or part or lose it.
Better and fuller explanation can be read at http://www.carpetbagging.co.uk/definitiveguide toisas.html
What you can't do is put �3,000 into a cash ISA one year and then �4,200 the next year. Each year you either use the allowance in full or or part or lose it.
Better and fuller explanation can be read at http://www.carpetbagging.co.uk/definitiveguide toisas.html