Cash ISA top-up information

As a valued Cheshire ISA account holder, you already have the peace of mind of knowing that your savings are in safe hands. However, with the end of the tax year approaching now is the perfect time to make your money work even harder and take full advantage of your Cash ISA tax-free allowance.

Top up your Cash ISA before 5th April 2010 to use your full allowance

If you have not used all of your Cash ISA allowance for 2009/10, it's worth remembering that you can save up to £3600 (or £5,100 if you are 50 or over during the current tax year*) in a Cash ISA before the tax year ends. Act today to beat the tax man and avoid paying tax on this portion of your savings by topping up your Cash ISA to the maximum allowance.

If you hold an Instant Access Cash ISA

Instant Access ISA account holders can still top-up before the tax year end. Account holders can save upto £3600 (or £5,100 if aged 50 or over during the current tax year*) in a Cash ISA for the tax year 2009/10.

For more information on the rules surrounding ISA subscriptions please see our ISA Limits webpage.

*An account holder will be 50 or over in the current tax year if they are born on or before 5 April 1960.

If you hold a Fixed Rate Cash ISA

From October 6th 2009 account holders who are 50 or over during the current tax year (born on or before 5 April 1960) have been eligible to make additional deposits of upto £1,500 to their Fixed Rate Cash ISA. This option is still available to those eligible account holders who have not yet made additional deposits of upto £1,500.

Account holders under 50 (born on or after 6 April 1960) cannot make any additional deposits to their Fixed Rate Cash ISA during the 2009/10 tax year.

For more information on the rules surrounding ISA subscriptions please see our ISA Limits webpage.

Topping up your Cash ISA is easy

Adding more funds to your Cheshire Cash ISA is easy. Simply post your cheque to the Cheshire to top up your ISA. To qualify for the 2009/10 tax year then your cheque must reach the Cheshire before Thursday 1st April 2009.

Please note that when you post your cheque back to the Cheshire, you will need to write the ISA account number on the back of your cheque as well as 09/10 to indicate that this cheque is for the tax year 2009/10. You can also send in your Cheshire Building Society passbook if you wish, but this is optional as we do not require this to process your cheque.

Your cheques can be posted to us by using our FREEPOST address. Please note that Freepost can take up to 3 working days to arrive so if you would like your application to reach the Cheshire in the quickest possible time please use a 1st class stamp:

Cheshire Building Society
Investment Team
FREEPOST
Castle Street
Macclesfield
SK11 6YA