Max isa amount

cutesluvver

Not including interest, if you had put the full ISA allowance into an account from when ISA's started,how much should you have?

greenface

Good question I dont know but can i add IN CASH AND SHARES AND THE OTHER OLD FORMS OF ISA IN THEIR OLD NAMES OF TAX FREE SAVINGS.THANKS

PEP & TESSA & ISA

steady__eddie

For just cash ISAs, between 2001 and 2007 the max'm yearly limit was £3K so that's £21K. For 2008 to 2009 the limit was £3600, another £7200. For 2009 to 2010 the limit was £5100 making a total of £34800.
TESSA s had a limit of £9k which was spread over a few years, I can't remember exactly how many but 3 or 4 or was it 5 ?

cutesluvver

Thanks steadie eddie, but according to your figures shouldn't that be a total of £33,300............although maths was never one of my strong subjects!

steady__eddie

£21000 + £7200 + £10200 = £38400 I reckon but I also stand (just about), to be corrected.

YorkshireBoy

You appear to have double counted 2009.

And what about 1999/2000 and 2000/2001?

jimjames

I assume you are only counting the amount in cash ISAs. If you count share ISAs and also include PEPs then I believe the amount as quoted by HL is around £180,000 before any growth.

soulsaver

steady__eddie wrote: »

£21000 + £7200 + £10200 = £38400 I reckon but I also stand (just about), to be corrected.

Go on then I'll risk it: It was £34800 in your other post...:)

Biggles

jimjames wrote: »

I assume you are only counting the amount in cash ISAs. If you count share ISAs and also include PEPs then I believe the amount as quoted by HL is around £180,000 before any growth.

Yes, the OP isn't very specific. Though he says 'Max ISA amount', I assume that means 'Maximum' not 'Maxi' ISA as opposed to 'Mini' ISA, so I assumed he was just talking Cash ISAs throughout. But who knows....

david78

There are no "mini" and "maxi" ISAs now. I think the £180,000 HL quote includes the additional £1500 that over 50s got two years ago, so I would say its £178,500.:rotfl:

Biggles

david78 wrote: »

There are no "mini" and "maxi" ISAs now. I think the £180,000 HL quote includes the additional £1500 that over 50s got two years ago, so I would say its £178,500.

Yes, we know that, but I was querying what the OP meant by 'Max ISA' in the heading; however, I see he seemed to confirm in a later post that it was, indeed Cash ISAs, so it looks like £38,400 is the answer.