I have a short time ago opened an isa near a pound. a mini isa.
I am confused, I have put down its for year 2006 - 2007 duty year as thats what I was told. It is my one and only isa.

I have with the sole purpose paid surrounded by a pound as i am a bit poor at the moment but I plan to start paying some money in, surrounded by the next couple of months.
Will I recieve interest on the money if I put surrounded by say 3000 surrounded by 2 months. I will recieve 10 months interest, paid to me contained by april 2008? (as its interest paid anually)

Or as long as I enjoy 3000 pounds in this isa on 5 april or subsequent year (regardless of how much is in here for most of tax year) will i recieve same interest??

I merely went to Bank today as I didn't want to miss out, on charge free savings. But I am not entirely sure what I am getting, why I rushed down in that to meet the deadline.

Hopefully someone can lend a hand me!

Which is the best company to invest...

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You should own been given a booklet beside your Isa.Read it and take your time.

How do you lift the lowest risk...

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You are allowed to stockpile lb3000 in every charge year. So between now and 5 April you can put surrounded by another lb2999 or anything up to that. Then from 6/4/07 to 5/4/08 you can put in anything up to lb3000. You will receive interest annually (normally on 5 April) on any amount you hold in the narrative. Hope that helps...

Transfer IRA compact disc from an out...

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Not a good conception to rush into it without knowing what you are doing! The rates year closes tomorrow, so you will not be able to make a payment to this years ISA, after that. You will have to start again beside a new one for 2007/8. You should also read the conditions and compare interest rates, as some are better than others. Interest is calculated from the date money is deposited, so you won't procure a full years interest on all, unless you deposit at the germ of the year.

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I have a feeling the grease bubble...

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You can put lb3,000 maximum within per year (eg this tax year runs 6th April 2006 to 5th April 2007).

Next tariff year is 6th April 2007 to 5th April 2008 when you can put a maximum of lb3,000 in again.

If you repeal money in any one excise year.. (eg lb2,000) and later want to put it posterior, you still can not put back within more than lb3,000 in any one levy year.

You can't pay contained by to more than 1 ISA in any due year.

The amount you can pay surrounded by rises for the 2008 to 2009 tax year but I can't evoke the exact amount increase at the moment.

whats a polite small sunhat to invest...

Answer:
With ISAs you can put in lb3000 maximum per year. The year runs as per the due year which is 6 April - 05 April so you have until 6 April this year to put contained by up to you limit for the year. From 6 April this year you will own another lb3000 to put into your ISA. Interest is paid at the cease of every tax year so if you put lb3000 contained by on 06 April you will get the benefit of interest for the undamaged year. You don't have to put within lb3000 per year. From the money you have within your ISA so far the interest will be apportioned based upon how long the money have been within the ISA in this charge year.

Hope this helps and that you construe what I am trying to say!!

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