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#11 |
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#12 |
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Cash isa is the way to go, £3600 a year you are allowed to put in and any interest is tax free
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#13 | |
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#14 |
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citibank 3.5% flexible saver. e-access , unlimited withdrawls.
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#15 |
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Yeah but as soon as he withdraws it for the new bike he can only but a grand or so back in in this tax year. (IIRC the isa allowance might actually be less than that).
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#16 |
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Isn't it £3000 maximum in any one financial year?
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#17 |
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I am off to see about a cash ISA today, granted I can only put in about 3 grand this year, but can shove another lump in next financial year.
I had thought of them as locked in, but now realise so long as I am sensible they can give me better and tax free interest than my 0.1% I seem to be seeing in my instant access building society account. BTW I pay prudence Brown at 40%, so I aim to minimise any more going to him
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#18 |
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Yes, probably. Couldn't remember if it was £3k or £6! (it's going up this year though IIRC)
In that case ISA is definitely out of the question.
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#19 | |
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#20 |
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ISA, its defo £3600, i took out one last week.
but, daves right, if you withdrawl you cant put any back in until next financial year. |
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