ISAs

If you are looking at savings and ISAs or planning your finances, please feel free to contact us.  We can discuss your specific circumstances to help you plan tax efficiently.

  2015/16* 2016/17** 2017/18 2018/19
Overall annual investment limit £15,240 £15,240 £20,000 £20,000
Combined total of cash, stocks and shares £15,240 max. £15,240 max. £20,000 £20,000
Junior Account Limit £4,080 £4,080 £4,128 £4,260
Lifetime ISA N/A N/A £4,000 £4,000

*From 6 April 2015, the surviving spouse or civil partner is allowed to invest an additional amount in their own ISA equivalent to the value of that deceased saver's ISA's.

From 6th April 2016, the government introduced flexible ISAs whereby amounts withdrawn during a tax year are not deducted from the investment limit.

A new "Help to Buy" ISA scheme, launched on 1st December 2015, helps new first-time buyers with the government topping up £50 for every £200 the first-time buyer saves up to a maximum of £3,000 top up for a £12,000 saving.

Please contact us for further information.

Disclaimer:  This App and its contents have been produced as a helpful reference point.  The information should be used as a guide only and your specific circumstances are best discussed directly with us.

No reliance should be placed on this material and no action should be taken without seeking the appropriate professional or legal advice. Although the authors make reasonable efforts to ensure the content of this App is accurate and up-to-date, the authors make no representations, warranties or guarantees that the content is accurate, complete or up-to-date and accept no responsibility whatsoever for any loss occasioned by anyone acting on information within this App.