Bogus Dave
Ate my own dick
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« Reply #30 on: Sunday, May 25, 2008, 09:28:49 » |
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fair point
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Things get better but they never get good
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Simon Pieman
Original Wanker
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« Reply #31 on: Sunday, May 25, 2008, 09:31:01 » |
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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.
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Bogus Dave
Ate my own dick
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« Reply #32 on: Sunday, May 25, 2008, 09:35:34 » |
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ah right. doesn't sound too bad that way i guess
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Things get better but they never get good
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Simon Pieman
Original Wanker
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« Reply #33 on: Sunday, May 25, 2008, 09:47:32 » |
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The IFAs in my office were saying they have clients with six figure sums tucked away in ISAs :shock:
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axs
naaarrrrrppppp
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« Reply #34 on: Sunday, May 25, 2008, 09:48:04 » |
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they must have started early.
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Simon Pieman
Original Wanker
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« Reply #35 on: Sunday, May 25, 2008, 09:49:03 » |
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Started when it was all PEPs in the eighties I believe.
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axs
naaarrrrrppppp
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« Reply #36 on: Sunday, May 25, 2008, 09:49:42 » |
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must be time to spend it by now.
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Fred Elliot
I REST MY FUCKING CASE
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« Reply #37 on: Sunday, May 25, 2008, 09:58:39 » |
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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
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janaage
People's Front of Alba
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« Reply #38 on: Sunday, May 25, 2008, 10:34:36 » |
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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.
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janaage
People's Front of Alba
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« Reply #39 on: Sunday, May 25, 2008, 10:36:34 » |
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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. |
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Iffy's Onion Bhaji
petulant
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« Reply #40 on: Sunday, May 25, 2008, 16:08:59 » |
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ISAs are great. Got one with Nationwide. Great way of saving.
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swindon_chick
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« Reply #41 on: Sunday, May 25, 2008, 19:51:44 » |
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I deal with deceased people ISA but I spose that doesn't really help much does it.
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Bennett
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« Reply #42 on: Sunday, May 25, 2008, 20:38:51 » |
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my name at nationwide is Andrew Bennett (ISA)  |
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This is the water.
And this is the well.
Drink full and descend.
The horse is the white of the eyes and dark within.
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Wood_Ayre
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« Reply #43 on: Sunday, May 25, 2008, 21:19:07 » |
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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. |
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DV
Has also heard this
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Joseph McLaughlin
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« Reply #44 on: Monday, May 26, 2008, 00:34:40 » |
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my name at nationwide is Andrew Bennett (ISA) ...is a what? twat?wanker?prick? |
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