Mini Cash Isa Account? - cash isa account
Hello, I opened a mini cash ISA account with Abbey for six months, and opened another account with Natwest Cash ISA recently, but I transferred money into Abbey NatWest, which means that the balance is in my account Abbey Cash ISA now zero. However, because I had not communicated as the service from NatWest, I decided to transfer the money on mini-Isa account with HSBC. But when he talks about openly in the HSBC staff told me that I only I can one account per year in an Isa is illegal on three counts of ISA in one year could be punished for this. Someone could tell me that I'm struggling with three points of the ISA in one year, although the money is only one account? If I cancel the other two as soon as possible, you still have problems after that?
Thank you!
Saturday, January 23, 2010
Cash Isa Account Mini Cash Isa Account?
8 comments:
I have many ISA accounts can have multiple accounts, but can not over the limit of £ 3,000 per tax year. ISA or £ 1500 in Abbey, Natwest £ 1500 in the ISA. What is perfectly legal.
If you exceed the limit, and Gordon Brown, stains, then you can into trouble. Do not worry, the prisons are full.
If you only have one ISA ISA account because the accounts are not taxed! I do not know if it is illegal to get more than one, but with a tax man May, and taking account of taxes. I see no problems, although only one money! To close the accounts will not use it anymore!
It is true that you no longer than a Mini Cash ISA or stocks and shares mini ISA can be more open in the same fiscal year, and you can invest in two mini-ISA and Maxi ISA in the same year of taxation. If we do not invest in more than one ISA in any tax year will be the ISA, the second is not exempt from tax, but I would be surprised if the fine. Call the HMRC details of their accounts virtually ISA, when you call.
It is true that you no longer than a Mini Cash ISA or stocks and shares mini ISA can be more open in the same fiscal year, and you can invest in two mini-ISA and Maxi ISA in the same year of taxation. If we do not invest in more than one ISA in any tax year will be the ISA, the second is not exempt from tax, but I would be surprised if the fine. Call the HMRC details of their accounts virtually ISA, when you call.
http://laugh2dabank.blogspot.com/ some good advice
HSBC seem to have misunderstood his intentions.
1) You can start ISA each year, but it can be transferred by the former Director of a Director, as often as you want, even in the same year. I think, want what you get.
2) You no money from me and may differ from the ISA and in the same or different and share ISA.
3) The way is to ask the new bank, a transfer form, which enable them to communicate with the bank, send and organize the age of transfer between them.
You can not do in reality. While the money transferred between the vendor.
There can be only 1 years tax, to open it. So it's Abbey and NatWest accounts should be closed, but closes automatically once your money has been transferred. If you ask me if it sounds like the way they should make money!
You can not do in reality. While the money transferred between the vendor.
There can be only 1 years tax, to open it. So it's Abbey and NatWest accounts should be closed, but closes automatically once your money has been transferred. If you ask me if it sounds like the way they should make money!
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