Re: The end is nigh



James Coupe <james@xxxxxxxxxxxxx> wrote:
Paul Martin wrote:
[...]
If you're stuffing 300 quid a month into a Cash ISA, you're
over-subscribing. The maximum per *year* is 3000. Anything on top
invalidates the ISA.
Next financial year, it goes up to 3600. So 300 a month works exactly.

IDNKT. Almost UI, except not ASRUI so that's OK.

I had merely assumed that the 300 was to allow for a payment holiday for two
months of the year. And since that 300 would be for 2007/08, the increased
limit wouldn't apply anyway.

Me, I just sweep bits and pieces from my current account into my rainy-day
account until there's about a grand more than I need, and then sweep that
into the ISA.

.



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