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ISA allowance 2015/16

How much can I invest in an ISA?

This tax year you can invest up to £15,240 in ISAs (the tax year runs from 6 April 2015 to 5 April 2016).

You can invest the full amount (up to £15,240) into either a Stocks & Shares ISA or a Cash ISA, or alternatively split your investment between a Stocks & Shares ISA and a Cash ISA, providing you stay within the overall £15,240 limit.

ISA contributions calculator

Use the sliders below or enter an amount in the box to see how much you will be able to invest in a Stocks & Shares or Cash ISA:

2015/2016 Stocks & Shares ISA contributions:

£
£0£15,240

2015/2016 Cash ISA contributions:

£
£0£15,240
Total remaining ISA allowance:
£15,240

The annual ISA allowance is per individual. This means a husband and wife, for example, can put up to £30,480 between them into ISAs this tax year.

Every tax year the ISA allowance lets you build a significant portfolio of assets sheltered from tax. We even have some clients who have used their ISA allowance (and before them ISAs and PEPs) every year who now have tax-efficient portfolios worth in excess of £500,000.

Find out how much your ISA could be worth in the future with our free ISA calculator. Please remember stock market investments can go down as well as up in value, so you could get back less than you invest.

Open a Stocks & Shares ISA online in minutes

Open your ISA today from as little as £25 a month or with a lump sum of £100 or more. If you're unsure where to invest in your Stocks & Shares ISA, you can open it today, hold your money as cash in your Stocks & Shares ISA and then choose your investments later.

Open a Stocks & Shares ISA

More about ISA limits and rules


  • You can only have one Stocks and Shares ISA and one Cash ISA per tax year, but you can open ISAs with different providers each tax year, if you wish.


  • The deadline for making an ISA contribution for the tax year 2015/16 is midnight 5th April 2016.

    If you miss the deadline, your allowance will not roll over to the next tax year, and you will have lost that portion of your ISA allowance.


  • Changes to ISA rules in April 2015 mean that surviving spouses, or those within civil partnerships, can now inherit an ISA allowance on death.

    The spouse who inherits the ISA will be given an additional, one-off ISA allowance, equal to the value of the deceased's ISA holdings. This enables them to re-shelter assets which were in a spouse's ISA into an ISA in their name.

    For more details please download our free fact sheet.


98% of clients rated the Vantage Stocks & Shares ISA good, very good or excellent.*

Start a Stocks & Shares ISA

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*HL survey: 223 respondents, November 2015

Important information

Please remember, the value of tax savings will depend on your circumstances and tax rules can change over time. Investments can go down in value as well as up, so you might get back less than you invest.

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