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ISA help

Answer
andyrob
Posted Mon, 09 Sep 2024 10:43:31 GMT by andyrob
I opened a cash ISA in tax year 2023-24 with 20000. At the end of the tax year 2023-24 I had 18000 in the account On 1/9/24 I had 5500 left in it and I then deposited 14500 back into it to make it back to 20000. I haven't opened a new ISA for the tax year 2024-25. I would like to open a fixed rate ISA so but my bank are telling me I can't because I've paid in the 14500 into the cash ISA 2023-24 account. Is this right? If not how much can I pay into a 2024-25 ISA? Many thanks
Answer
HMRC Admin 32 Response
Posted Fri, 13 Sep 2024 14:14:30 GMT by HMRC Admin 32 Response
Hi,
Please refer to:
Individual Savings Accounts (ISAs)
Thank you.

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