Multiple ISA's & the rules

AndyTh_2

seems even the formatting leaks out of the message as well, sounds like a potential forum vulnerability

nottsphil

eskbanker said:

You can pay into as many ISAs as you like, subject to an overall aggregate limit of £20K per tax year.

It's worth noting that the OP can also pay further sums into a flexible cash ISA, but only to replace money withdrawn this tax year (even if it's an ISA opened last tax year).

eskbanker

nottsphil said:

eskbanker said:

You can pay into as many ISAs as you like, subject to an overall aggregate limit of £20K per tax year.

It's worth noting that the OP can also pay further sums into a flexible cash ISA, but only to replace money withdrawn this tax year (even if it's an ISA opened last tax year).

Yes, perhaps should have said 'pay new money into' to be more specific - replenishing withdrawals from flexible ISAs, and transfers between ISAs for that matter, aren't counted towards the annual contribution limit.