Mini Cash ISA Question

[Board Game Geek]

Aye, you do have to invest time in to these sort of games. Ofc, it depends on how much you are willing to invest. Some people invest none at all, some an hour or so a night, some all evening, and some almost 24x7 (except for the 4 S's).

[AtW]

Oh do behave Alex.

WOW is one of my few enjoyments in life (well, at least until Warhammer Online comes out, then I'll probably leave WOW and start on a new game).

I was kidding

I don't play these games anymore - requires too much time for continuity, DAoC was excellent but I am glad I got off the hook...

[Board Game Geek]

Oh do behave Alex.

WOW is one of my few enjoyments in life (well, at least until Warhammer Online comes out, then I'll probably leave WOW and start on a new game).

[AtW]

Who has 3K just laying around for fun ? No, I'm a contractor, but on a static rate for the last 3 years, so it's been tough.

Cut down on that WoW thingy...

[Board Game Geek]

Can you really not get £3K from somewhere? Are you a permie?

Who has 3K just laying around for fun ? No, I'm a contractor, but on a static rate for the last 3 years, so it's been tough.

[VectraMan]

Thanks for the help...shame my cheque won't clear until next week. Looks like I'll have to spend the spare 3K instead on a new monitor.

Can you really not get £3K from somewhere? Are you a permie?

What date to they count? I applied for an Abbey one online, expecting to be able to do it all instantly. It just ended with a "thankyou, your application has been received". I'm a bit worried now they'll post me some forms, and expect me to fill them out and post them back with a cheque and the whole thing will take 2 weeks, which is not a lot of use when I'm trying to get it done before April 5th.

[Board Game Geek]

Thanks for the help...shame my cheque won't clear until next week. Looks like I'll have to spend the spare 3K instead on a new monitor.

[Bagpuss]

Lo folks,

AFAIK, we are currently on the 2007/2008 ISA's at the moment, and the new ones come out next week for 2008/2009.

I've like to open a 2007/2008 one before they become locked, so that I can invest 3K in it, then come next week put in another 3K.

However, I don't have the 3K at the moment to invest in the 2007/2008 one.

Therefore, can I open a 2007/2008 one with a £1, which then gives me my 3K allowance for this tax year, and then come next week when the 2008/2009 comes in to effect, stuff £5999 in the isa, assuming that my allowance carries over ?

Any ideas ?

They're are ISAs where you can park your allowance but that doesn't apply to mini cash ISAs

BTW your allowance increases for the 08-09 tax year to £3,600

Lloyds TSB have a 6.5% deal at the moment for exsisting balances transfered in from other providers subject to minimum of 9k

[EternalOptimist]

This years allowance wont carry over.


And I will refrain from making any childish jokes about selling a few dozen runecloth bags to raise the money. oops too late

[AtW]

I don't think allowance carries over, however you can put one week £3k from current year, and next week (assuming next week new FY starts) you can put £3k more - this will use up your allowances for 2 years.

[M_B]

You cant do that.

If you don't use up your annual allowance then you lose it. Its not transferable.

[Board Game Geek]

Lo folks,

AFAIK, we are currently on the 2007/2008 ISA's at the moment, and the new ones come out next week for 2008/2009.

I've like to open a 2007/2008 one before they become locked, so that I can invest 3K in it, then come next week put in another 3K.

However, I don't have the 3K at the moment to invest in the 2007/2008 one.

Therefore, can I open a 2007/2008 one with a £1, which then gives me my 3K allowance for this tax year, and then come next week when the 2008/2009 comes in to effect, stuff £5999 in the isa, assuming that my allowance carries over ?

Any ideas ?