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ISA contributions and tax residency for UK move in March 2025

felix.leungsf
Posted Thu, 26 Dec 2024 18:29:15 GMT by felix.leungsf
I plan to move to the UK in March 2025 with a valid visa and intend to make it my long-term home. Am I eligible to be considered a UK resident for tax purposes during the 2024/25 tax year (6th April 2024 to 5th April 2025)? If I open an ISA account in March 2025, can I contribute £20,000 before 5th April 2025, and another £20,000 after April 5th, 2025? Thanks!
Answer
HMRC Admin 8 Response
Posted Mon, 13 Jan 2025 15:48:56 GMT by HMRC Admin 8 Response
Hi,
The answer to your question is no.
Thankyou.

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