ISA
deposit limits
You are also limited to the amount you can
deposit into your ISA accounts in a single tax year. The
total applies to all the different ISA accounts you may have,
regardless of its type.
| |
2001 -
2006 |
2007 onwards |
| Maxi
ISA |
total
£7,000 |
total
£5,000 |
Investment
Value
Stocks & shares ISA
Cash ISA
Life insurance ISA |
up to £7,000
up to £3,000
up to £1,000
|
up to £5,000
up to £1,000
up to £1,000 |
| Mini
ISA |
|
|
Investment
Value
Stocks & shares ISA
Cash ISA
Life insurance ISA |
up to £3,000
up to £3,000
up to £1,000 |
up to £3,000
up to £1,000
up to £1,000 |
Savings Amounts allowed each tax
year for each type of ISA
Should you for any reason deposit
above the defined limit into your ISA, or deposit into
an additional ISA beyond
what you are allowed, any amount of money in excess
will be considered disqualified for tax exemption. |
