What's The Maximum Amount Of Cash You Can Put Into An Isa?

[sandyRoe]

Is it still somewhere about 3K a year?

[factor-fiction]

It's over 5K but I can't remember exactly- just Google 'ISA limits'

[boxtops]

£5640 in the current financial year

[ubasses]

£5640 and will rise In April for next year to I think £5760

[Mass_Hysteria]

Adult ISA £5,640 per financial year
Child ISA £3,600

[Tilly2]

Is that that same for stocks and shares ISA's

[Psybbo]

£11,280, split in two, Tilly

[Tilly2]

Thank you, sibton.

[sandyRoe]

With interest rates being what they are is it still a good idea to have a cash ISA?

[Psybbo]

Very poor, sandy, Halifax may be best, but at least they are tax-free does this qualify as a tax avoidance scheme?

[ubasses]

if you are prepared t ohave a notice account or tie the money up for 3 years you will get 2.8%, but if you are only looking at saving it in cash, an isa will always be better because of the tax advantage