Skip to main content

beta This is a new service – your feedback will help us to improve it.

if apply split year on 2024-2025 tax year, ISA contribution allowance still have 20000?

Answer
fung C
Posted Mon, 04 Nov 2024 22:22:03 GMT by fung C
I move from Hong Kong to UK on Oct 2024. plan to apply split year on 2024-2025 tax year. So the time before Oct 2024 will not related to UK tax. the UK related tax will be Oct 2024 to April 2025. the ISA contribution allowance will be 20000? or need to reduce due to not whole year in UK?
Answer
HMRC Admin 34 Response
Posted Fri, 08 Nov 2024 12:48:56 GMT by HMRC Admin 34 Response
Hi,
It is not reduced. It remains £20,000.
Thank you

You must be signed in to post in this forum.