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Author Does anyone know what mini ISA's are about...
Dean_H
Member

Registered: 19th May 02
Location: Rhondda Cynon Taff
User status: Offline
11th Jan 05 at 16:27   View User's Profile U2U Member Reply With Quote

I know you can only put £3000 in a year from the 5th of april till next april but whats the incentive of putting your money into one of these rather than putting it into an online savings account which is giving roughly the same interest?

I was reading information on it and it said that its tax free....

"then unless you enjoy unnecessarily giving the taxman your cash, it's time to do something about it and sign up for a mini isa"

Does this mean that my basic pay gets paid into the isa then they tax the rest of my pay then.

Like i said i have an online savings account as as far as im concerned i am not paying any tax for that?

HELP ME cheers
Robbo
Member

Registered: 6th Aug 02
Location: London
User status: Offline
11th Jan 05 at 16:32   View User's Profile U2U Member Reply With Quote

No an ISA is just an savings account... u do not pay tax on the interest... thats it
purple_corsa_gls
Member

Registered: 25th May 04
Location: Near Sunderland
User status: Offline
11th Jan 05 at 16:32   View User's Profile U2U Member Reply With Quote

Try www.moneyfacts.co.uk

if that doesnt work try .com

My dad uses that for work and that so i guess its good
Dean_H
Member

Registered: 19th May 02
Location: Rhondda Cynon Taff
User status: Offline
11th Jan 05 at 16:56   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Robbo
No an ISA is just an savings account... u do not pay tax on the interest... thats it


Cheers robbo,

I hate the goverment, im trying to save for a house and you would think they would help us 18-25 year olds out, fuking wankers

Went swimming today, they got a fuking cheek to charge me £2 od to use my local services, god knows where my £XXX amount of tax a month goes to cause i dont see fuck all of out, oh yea i forgot it goes to the the chav single parents with 4 kids and dole bums who cant be arsed to get off their fucking arse.

Rant over, tony i fuking hate you

 
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