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06 April 2005

Tax Year

Today is the first day of tax year, 2005-6. Certainly, yesterday was the last day of last tax year.

It means you can pay your new lot of lump of money to your ISA account if you got one.

If you don't search online for Mini Cash ISA or talk to your bank to have a high interest and interest tax free account. Its mainly character is you can only deposite £3000 per tax year no matter how many withdraws you made, plus interest tax free and normally it is comparatively high rate account for your savings.

Use MSN money compare, by selecting ISA, you will have some rough ideas of which bank or building society is offering the best interest rate for your account.

It is the money with your name on it, claim it. (as the ad. of Inland revenue, not for ISA though, but maybe for tax credit.)

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