2023/24 ISA limits

Individual Savings Accounts (ISAs) are tax-efficient savings vehicles that allow you to save without paying any tax on the income or capital gains generated within your ISA. They are provided by banks, building societies, asset managers, insurance companies, and the state-owned National Savings & Investments (NS&I). You can invest your entire £20,000 ISA allowance for the 2023/24 tax year into cash, stocks and shares, or any combination of the two. Moreover, you can transfer your ISAs between providers freely (subject to your providers’ rules). Please note that the levels and bases of, and reliefs from, taxation are subject to change.