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  • FIRST POST
    • dm19
    • By dm19 17th May 17, 12:09 PM
    • 33Posts
    • 4Thanks
    dm19
    ISA allowance
    • #1
    • 17th May 17, 12:09 PM
    ISA allowance 17th May 17 at 12:09 PM
    Sorry I've got myself a little confused by the ISA allowance.

    For this tax year it is £20000. So next year, will I be able to save another £20000, giving me a total of £40000 in savings? or is it that (assuming the limit doesn't change) the £20000 will roll over, and I won't be able to make any tax free savings in the next year.

    TIA, sorry for the nube question
Page 1
    • Alter ego
    • By Alter ego 17th May 17, 12:12 PM
    • 1,962 Posts
    • 1,887 Thanks
    Alter ego
    • #2
    • 17th May 17, 12:12 PM
    • #2
    • 17th May 17, 12:12 PM
    This year 20k Next year 20k. Yes 40k over the 2 years. Unless the annual allowance changes.
    Ignore me if you like, it's not the real me anyway.
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