Written on: 12/05/2006 by XX (39 reviews written)
I have good news for those of you who may have suffered the same by the stock & share ISA providers like iDealing. The UK tax authority has clarified that the 20% tax charged on the interests earned on a stock & share ISA cash balance was wrong. You could call the Inland Revenue ISA helpline on 0845 604 1701 to check it up.
If you wish to claim it back, make sure you have the proof that you have been taxed. Ditch the ISA providers who tax you on the interests earned on your cash balance, and switch to the one who gives you interests gross. Good luck!
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