Secure Your Future with an ISA Today

It’s a new tax year and to make sure you make the most of your ISAs, here are a few reminders for the new financial year 2024/25:

• From 6th April you can open multiple ISA’s of the same type within a single tax year, as long as you do not exceed the overall ISA allowance. Types of ISAs are; Stocks & Shares ISA, Cash ISA, Lifetime ISA, and Innovative Finance ISA.
• You will need to make sure you do not exceed the annual ISA allowance for the upcoming tax year (April 6th to April 5th of the following year). This year’s limit remains at £20,000.
• You can pay into a Stocks & Shares ISA if you are a UK resident aged 18+
• You can transfer ISAs you opened in a previous tax year, and this will not affect your current ISA allowance.
• The Junior ISA limit for 2024/25 remains at £9,000.

If you would like to discuss any elements of an existing or new ISA account, please contact us today on 01676 523550 or make an enquiry here.