I read on here some time ago that there are tax (i think!) implications for putting capital in to a newly opened savings account but not if the money goes in to an account that had been open for some time... am I talking rubbish or is this something we should consider with our house money...

Thanks

Julie

hi, to save on the taxable growth on your capital you have to place it in an existing account that was opened before july 2003, there is a link of allans on this subject on a recent posting, just run back through them and you can print it off. hope this helps. lee

many thanks will hunt it down..