How many ISAs/LISAs can I put money into each tax year? 31 March 2022 at 11:19AM in ISAs & tax-free savings 1 reply 94 views

ITUdoc80

I should really know this by now...

I have a Cash LISA and an S&S LISA
I also have a Cash ISA and a S&S ISA

Is it that I can only put money into ONE LISA and ONE ISA per year? Is that correct?!

Thank you....

RacingDriver

You can put new money (transfer don't count) into one of each type of ISA each tax year.  There are four types of ISAs cash, stocks and shares, innovative finance, and Lifetime.

So your Cash LISA and S&S LISA are the same type, but the Cash ISA and S&S ISA are two different types, so overall you have three out of four ISA types.