ISA (Individual Savings Accounts) managers are required to make an annual return of information to HM Revenue & Customs (HMRC) within 60 days of the following reporting dates:
Returns can be submitted on magnetic/optical media, forms ISACOM10(OCR) or the HMRC spreadsheet. Whatever media is used, all returns must be submitted in the format specified by HM Revenue & Customs. There is more detail on the individual reporting formats below.
The preferred method for making makings is a flat text file produced in accordance with the ISA Magnetic Media specification.
Returns MUST conform to the specification and format described in this document. Any return that does not conform to this specification may be rejected and you may be regarded as either having failed to make a return or as having made an incorrect return.
If you wish to make your report on paper you MUST use form ISACOM100(OCR). You can view a specimen form by clicking on the link below. The form is in PDF format. To view a PDF document you must have Adobe Acrobat Reader installed on your computer.
You MUST order the forms from the Orderline Tel 0845 900 0404. The specimen form is for illustration only. Downloads and photocopies CANNOT be used for your returns.
Chapter 14 of the Guidance Notes for ISA Managers (PDF 1.18MB) provides advice on completing forms ISACOM100(Z).
Instead of using forms ISACOM100(OCR) you can submit your return on the HMRC spreadsheet if the number of accounts you have to report is small (fewer than 1,000).
If you choose this option you MUST use the template above.
To use the template:
If you have created your return using the magnetic media specification, or the HMRC spreadsheet, we recommend that you use Secure Electronic Transfer (SET) to send us your return. Information about SET is available on the SET website page
If you are not submitting your return through SET, post it to:
Centre for National Information (CNI)
Financial Institute Returns Management
Ground Floor
Ty Glas Road
Llanishen
Cardiff
CF14 5ZG
Ensure that the return includes a submission document (see below), is clearly labeled and is well-packaged. We recommend that returns are sent as securely as possible by means that record delivery and can be tracked in case of delivery failure.
HMRC will normally issue pre-completed submission documents with the notice to make your return. They are also available on request from CNI. Alternatively, blank submission documents can be downloaded by clicking on the link below:
If you have any question about how to submit your return (including making test returns) or how to complete the forms, telephone CNI on 029 2032 6379 or 7285, or email CNI.
