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Rules around Multiple ISAs
SieIso
Posts: 149 Forumite
Hi All,
I have a Vanguard S&S ISA setup in 2022 and I pay into this monthly.
Is is possible to have a separate ISA for my savings?
Thanks in advance.
I have a Vanguard S&S ISA setup in 2022 and I pay into this monthly.
Is is possible to have a separate ISA for my savings?
Thanks in advance.
0
Comments
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Yes, you can pay into one ISA of each type in any tax year, so can fund a cash one alongside a S&S one, provided the total doesn't exceed £20K annually. From April, you can fund as many as you like within that annual contribution limit.1
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There is a separate forum for ISA's where every question you can think of about ISA's, has been asked and answered numerous tomes, so worth a read.SieIso said:Hi All,
I have a Vanguard S&S ISA setup in 2022 and I pay into this monthly.
Is is possible to have a separate ISA for my savings?
Thanks in advance.
ISAs & tax-free savings — MoneySavingExpert Forum
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