Pages: 1 2 [3] 4 5   Go Down
Print
Author Topic: ISAs  (Read 5742 times)
Bogus Dave
Ate my own dick

Offline Offline

Posts: 16467





Ignore
« Reply #30 on: Sunday, May 25, 2008, 09:28:49 »

fair point
Logged

Things get better but they never get good
Simon Pieman
Original Wanker

Offline Offline

Posts: 36336




« Reply #31 on: Sunday, May 25, 2008, 09:31:01 »

As metioned earlier Dave, you have £7,200 you can invest in ISAs tax free in a fiscal year. Up to £3,600 of this can be in a cash ISA and the remaining amount in a stocks and shares ISA.

If you go over £7,200 in one year you will get taxed, but you can have more than £7,200 in there accumulated over more than one year.
Logged
Bogus Dave
Ate my own dick

Offline Offline

Posts: 16467





Ignore
« Reply #32 on: Sunday, May 25, 2008, 09:35:34 »

ah right. doesn't sound too bad that way i guess
Logged

Things get better but they never get good
Simon Pieman
Original Wanker

Offline Offline

Posts: 36336




« Reply #33 on: Sunday, May 25, 2008, 09:47:32 »

The IFAs in my office were saying they have clients with six figure sums tucked away in ISAs  :shock:
Logged
axs
naaarrrrrppppp

Offline Offline

Posts: 13469





Ignore
« Reply #34 on: Sunday, May 25, 2008, 09:48:04 »

they must have started early.
Logged
Simon Pieman
Original Wanker

Offline Offline

Posts: 36336




« Reply #35 on: Sunday, May 25, 2008, 09:49:03 »

Started when it was all PEPs in the eighties I believe.
Logged
axs
naaarrrrrppppp

Offline Offline

Posts: 13469





Ignore
« Reply #36 on: Sunday, May 25, 2008, 09:49:42 »

must be time to spend it by now.
Logged
Fred Elliot
I REST MY FUCKING CASE

Offline Offline

Posts: 15736





Ignore
« Reply #37 on: Sunday, May 25, 2008, 09:58:39 »

I am currently running 4 including a mini one for Jenna, was a godsend when they raised the tax threshold to £3600 this year.

Currently looking at guaranteed income return bonds
Logged
janaage
People's Front of Alba

Offline Offline

Posts: 14825





Ignore
« Reply #38 on: Sunday, May 25, 2008, 10:34:36 »

No such thing as mini Isa's any more Fred, just cash or stocks and shares ISA's but I know what you mean.

Through work I've seen the "million pound ISA" worked out, quite impressive, however with those large sums it's probably worth getting IHT out of ISA's and into a more IHT friendly investment, as if you die then the tax man will be rubbing his hands with glee.

That said I'd imagine those with large ISA's stored away would have adewquate protection to pay any IHT bill, so good news all round.
Logged
janaage
People's Front of Alba

Offline Offline

Posts: 14825





Ignore
« Reply #39 on: Sunday, May 25, 2008, 10:36:34 »

Quote from: "STFC dave"
i have an isa with nationwde because my dad works there. but its got a eit of 7000 pounds i think, what happns if i go over 7000. they'd better not take my fackin mopney, or else tger will be trouble hrrrrrrrrrrrrrrrrrrrrrrrrrrrrr nationwide poxy bastards. im getting a new account in the sumer ayway you shlagsssssssssssss mwahahahahahha


As others have said as long as you don't exceed the maximum contribution in a tax year you'll be fine.  Nationwide wouldn't allow you to do this anyway, growth is virtually tax free once the contribution has been made.
Logged
Iffy's Onion Bhaji
petulant

Offline Offline

Posts: 15863




Ignore
« Reply #40 on: Sunday, May 25, 2008, 16:08:59 »

ISAs are great. Got one with Nationwide. Great way of saving.
Logged
swindon_chick

Offline Offline

Posts: 504




Ignore
« Reply #41 on: Sunday, May 25, 2008, 19:51:44 »

I deal with deceased people ISA but I spose that doesn't really help much does it.
Logged
Bennett
No Comment

Online Online

Posts: 9745





Ignore
« Reply #42 on: Sunday, May 25, 2008, 20:38:51 »

my name at nationwide is Andrew Bennett (ISA)  Cool
Logged

This is the water.
And this is the well.
Drink full and descend.
The horse is the white of the eyes and dark within.
Wood_Ayre

Offline Offline

Posts: 176




Ignore
« Reply #43 on: Sunday, May 25, 2008, 21:19:07 »

Quote from: "swindon_chick"
I deal with deceased people ISA but I spose that doesn't really help much does it.


I've just moved on to the evening team doing that.
Logged
DV
Has also heard this

Offline Offline

Posts: 33909


Joseph McLaughlin




Ignore
« Reply #44 on: Monday, May 26, 2008, 00:34:40 »

Quote from: "bennett"
my name at nationwide is Andrew Bennett (ISA)  Cool


...is a what?

twat?wanker?prick?
Logged
Pages: 1 2 [3] 4 5   Go Up
Print
Jump to: