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Bloomfield Financial's Blog

ISA allowance updates.

Written by John J Bloomfield

The end of the financial year is rapidly approaching, if you haven't already done so you have until the 5th April to use this year's adult ISA allowance of £11,520, which can all go into an 'investment' or 'stocks and shares' ISA or up to £5,760 into cash and the balance of your allowance available for investment ISAs. The Junior ISA allowance is currently £3,720 per year.

From the 6th April, the adult ISA allowance rises to £11,880 with the maximum cash ISA investment allowance being £5,940. The Junior ISA allowance is rising to £3,840.

If you want to know more about ISAs why not download my PDF guide