ISA allowance 2013/2014
The annual ISA allowance is per individual. This means a husband and wife, for example, can put up to £23,040 between them into ISAs this tax year. However, each individual can only contribute to one Stocks & Shares ISA and one Cash ISA in each tax year.
Used 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 PEPs) every year who now have tax-efficient portfolios worth in excess of £1 million.
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 £50 a month or with a lump sum of £500 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.
Save tax, time and money...
Get market beating savings and investment flexibility. Open your Vantage Stocks & Shares ISA online today.
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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Have a question?
If you're confused about ISAs, or have a question not covered in this section, call our friendly Helpdesk.
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Alternatively, view our ISA FAQs.