Dozenal ISAs (Dozensonline)

Title: Dozenal ISAs
Description: New ISA limit of £7200 eases monthly sub

Ruthe - March 31, 2008 01:05 PM (GMT)

I received a note from one of my investments regarding the new ISA rules that come into effect in the new tax year. It amused me to see the bit that is highlighted in the selection I copied from the note.

QUOTE

New subscription limits
The overall annuallSA subscription limit will increase from £7,000 to £7,200.
All of your annual subscription can be invested in a 'stocks and shares ISA'.
Alternatively, up to £3,600 of the overall subscription limit can be invested in a 'cash ISA' with one ISA manager. The remainder of the £7,200 subscription can be invested in a 'stocks and shares ISA' with either the same ISA manager or a different ISA manager.
A feature of the new subscription limits is that they are divisible by twelve to assist monthly investors.
For example, monthly savings investors looking to maximise their ISA investment each tax year may consider investing £600 a month from April 2008.
Important note: it will not be possible for an individual to subscribe to two ISAs of the same type in the same tax year, for example, two 'cash ISAs'.

icarus - March 31, 2008 03:00 PM (GMT)

You can't wipe out 12: it'll re-emerge if you do. I think there are lots of instances of this fact on this site, I recall even in the SI world.

1. UPSIDE. Yesterday I was laying out a publication in Adobe InDesign (it is actually the next Duodecimal Bulletin, studies for its layout; I will be the editor). My wife, a graphic designer, is highly familiar with it, but I am not as well acquainted. They use a unit of measure called the pica, 6 picas to the inch, 12 points to the pica. (see http://desktoppub.about.com/cs/intermediat...icaspoints.htm: interesting, the author notes the "magic of the third" in design, which is indeed a rule of thumb, having graduated as an architecture major). What a delight it is to see her naturally, nonchalantly talk about 12 points and 6 picas as "making sense". (My wife is not necessarily a dozen-aficionado, and normally stays clear of all my number work. She does know that 12 is somehow special to me. She'd say she's "normal", i.e. just uses decimal like "everyone else in the world". She'd never admit to anything "wrong" with ten, but curiously finds 12 and 6 more convenient in inches, picas, and points.) Oh that's soo sweet!

2. DOWNSIDE. Last week I was updating my website (that crane that was in metric, which I imperialized, yes, that's up there now.) The HTML editor, well, it isn't even the editor, it's the code. One can specify the dimensions (this case, width of a cell) in percentages in HTML. Well oftentimes I need something divided in other than 2 or 5. I wish there were a way (isn't evident to me that this way exists today) to just use a number that is a reciprocal, i.e. to use 1/7 or 1/12 rather than 14.29%, 8.333%. Unfortunately, I designed the site a few years ago when I was trying to fit legacy screen sizes, did not do this in css. I don't have the stomach to retrofit so many pages, but that day of reckoning is coming. I guess a concession is to dimension it a nicely divisible number of pixels, i.e. 504 px, or 720 px.

Dan - April 2, 2008 04:35 AM (GMT)

QUOTE (icarus @ Mar 31 2008, 09:00 AM)

I wish there were a way (isn't evident to me that this way exists today) to just use a number that is a reciprocal, i.e. to use 1/7 or 1/12 rather than 14.29%, 8.333%.

You can't. CSS is a very limited language.

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