Current Contribution Limits

Each tax year (06 April to 05 April of the following year) you can make contributions to your ISA(s) and your child's Junior ISA or Child Trust Fund up to specific 'ISA Allowance' limits - as defined by HM Revenue & Customs (HMRC).

 

Listed below are the current ISA, Junior ISA and Child Trust Fund ISA allowances:

Product	Tax Year	Allowance
Flexible ISA	2024/25	£20,000
Lifetime ISA	2024/25	£4,000
Junior ISA	2024/25	£9,000
Child Trust Fund	'Subscription Year' (birthday to birthday)	£9,000

 

 

 

 

 

 

 

 

You can split your ISA allowance across all your ISAs as long as the current limit is not breached.

This does not apply to Junior ISA or Child Trust Fund investments.

Example for an ISA allowance of £20,000 -  You could save £12,000 in a Stocks and Shares ISA, £4,000 in a Lifetime ISA and £4,000 in a Cash ISA in one tax year.

 

If you need any further information on these limits and how they affect you then simply get in touch.