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Trading 212 cash ISA Allowance

danco · 2025-06-02 14:07:26

Looking at my Trading 212 cash ISA, I am surprised that it says that my remaining current tax year ISA allowance is £25,000. I thought the amount was only £20,000. Is this an error on their part, or is one allowed to pay in to the previous year's ISA as well? That might make sense, since earlier today it showed the…

Comments

masonic Posts: 28,502 Forumite

6 June at 7:24PM edited 6 June at 7:28PM

danco said:

Grammatically, "previous year" should only refer to one year, hence my question, but I am glad to know it does go back over all relevant years.

Grammatically, previous years subscriptions duplicates the plural. You wouldn't say "libraries books" even if you borrowed from more than one library.
HMRC consider ISAs to be composed of only two accounts - the current year account and the previous year account (which holds subscriptions from any previous year).

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