ISA Eligibility

Mar 01, 2016 3 Replies

I may be travelling quite often in the next financial year. Can anyone please tell me how long one has to be in the UK to be eligible for that year's Individual Savings Account (ISA)? Is it 90 days, or 6 months, or something else?



Thanks very much in advance.


TG


Do you have a 'permanent' UK address - even when you're not living at it? If so, that should be sufficient. If not, you'll have a problem opening an ISA anyway.

Anyone aged 18 and over, as long as they are a UK resident for tax purposes or a non-resident working for the Crown or their spouse.

Yes I am a UK resident with a UK address, and I pay UK taxes. I have been contributing to my ISA every year. It's just that in the coming financial year I may be away from UK for more than

6 months (possibly staying in UK for only 4 months, but still pay UK taxes). So does that mean I should still be eligible for next FY's ISA (and if so, it's the 90 days/tax-residency rule that applies)?

Cheers,

TG

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required