1) Is interest accrued on what I pay in for THIS tax year only or is it accrued on the full amount invested?
2) As I have reached the limited for this tax year, will the interest have to be paid into an alternative account or can it be paid into the ISA? 3) Finally, do I accrue interest only on the amount invested, or if interest is paid in monthly, will I accrue interest on the investment- interest i.e. will the interest be the same each month or will be increase incremently?