Prepare for the Isa season surge

Mistakes and omissions on Isa forms can often occur as applicants rush to get their applications in before the end-of-tax-year deadline

As the end of the tax year looms, there is typically a surge of Isa applicants sending their forms to their advisers or product providers. However, rushing through application forms often leads to inaccuracies and errors. Some application form errors are more stark than others and may result in the individual missing out on the year's tax-free allowance. At Fidelity Investments, about 18% of all applications sent, including those processed through its supermarket FundsNetwork, are classified as NIGOs ' not in good order ' and cannot be processed automatically. However, only 11% of ...