The overall personal limit for an Individual Savings Account (ISA) for the current tax year is £11,280 and this will increase to £11,520 for the new tax year commencing on April 6th. It’s important to note that if you are only contributing to a cash ISA then the maximum is exactly half the overall allowance – so £5,640 and £5,760 respectively. The other key point is that if you don’t use your ISA allowances for this tax year then they are lost – they can’t be ‘carried forward’ to the next tax year.
Due to the Coronavirus pandemic, we have temporarily closed our office premises with staff continuing to operate from home. Calls to the office will be answered remotely and our Planners remain available should you wish to make contact with them.
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Brunel Capital Partners is a sister company of Pilgrim Financial Planning