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How much can I invest in an IF-ISA?
The annual allowance for the 2024/25 tax year is £20,000.
You need to ensure that the total amount of new money you subscribe to an ISA (whether it is cash, stocks and shares, innovative finance, or a combination of the three) does not exceed the annual limit.
Tax-free savings accounts
| Tax year 2023 to 2024 | Tax year 2024 to 2025 | |
|---|---|---|
| Individual Savings Account (ISA) subscription limit | £20,000 | £20,000 |
| Junior ISA subscription limit | £9,000 | £9,000 |
| Child Trust Fund (CTF) subscription limit | £9,000 | £9,000 |
Updated 3rd September 2024