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Inquiry About Tax on Multiple Cash ISA Accounts

Answer
EricWong
Posted 24 days ago by EricWong
Dear Sir/Madam, I opened two Cash ISA accounts with the same bank on 25 March 2024 and 26 April 2024, which fall under two different tax years. I would like to confirm whether I am required to pay any tax in this situation. Thank you very much for your time and assistance. Kind regards, Eric Wong
Answer
HMRC Admin 32 Response
Posted 16 days ago by HMRC Admin 32 Response
Hi,
No, as it is 2 separate tax years.
Thank you.

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